ADB approves USD30-M PH loan for support to PPPs
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NewsTranscript
00:00The Asian Development Bank, or ADB, approved a $30 million loan to support 35 climate-resilient
00:06public-private partnership, or PPP, projects in the Philippines from the year 2025 to 2029.
00:13The funds will enhance project preparation, infrastructure development, and government
00:18capacity, focusing on railways, roads, and community facilities while ensuring fiscal
00:24sustainability and environmental alignment. A comprehensive capacity-building program
00:30for implementing agencies and LGUs will also be established to strengthen PPP management.