ADB Approves $1.45bn Final Tranche for Malolos–Clark Railway Project in Philippines
The Asian Development Bank (ADB) has approved a $1.45 billion loan as the second and final tranche of its financing facility for the Malolos–Clark Railway Project (MCRP), a flagship initiative that aims to connect northern and southern Luzon to Metro Manila through a safe and climate-resilient mass transit system. The MCRP is a 53.1-kilometer stretch … Read more