The Philippines and Japan are set to sign the exchange of notes for a ¥1.5-billion grant for the rehabilitation of Marawi City and the improvement of the Philippine Coast Guard (PCG), the Department of Finance (DOF) said Sunday.
The Embassy of Japan will provide a grant of ¥1.5 billion in the form of equipment.
"[A] grant of JPY1.5 billion (estimated at P676 million) from the Embassy of Japan will be given to the Department of Public Works and Highways (DPWH) in the form of equipment and machineries to be used for the rehabilitation of heavily damaged Marawi City," it said.
The equipment will include bulldozers, excavators, and dump trucks, which will be used for the rehabilitation of war-torn Marawi City, which was liberated from Islamist militants last month.
The grant will also include radar systems, closed circuit televisions, and radio systems to improve the maritime safety and counterterrorism capability of the PCG.
The Philippines is also working on securing from Japan the funding for three key infrastructure projects—the Mega Manila Subway, the Cavite Industrial Area Flood Risk Management Project, and the Malolos-Clark Railway. — Jon Viktor Cabuenas/VDS, GMA News
The Embassy of Japan will provide a grant of ¥1.5 billion in the form of equipment.
"[A] grant of JPY1.5 billion (estimated at P676 million) from the Embassy of Japan will be given to the Department of Public Works and Highways (DPWH) in the form of equipment and machineries to be used for the rehabilitation of heavily damaged Marawi City," it said.
The equipment will include bulldozers, excavators, and dump trucks, which will be used for the rehabilitation of war-torn Marawi City, which was liberated from Islamist militants last month.
The grant will also include radar systems, closed circuit televisions, and radio systems to improve the maritime safety and counterterrorism capability of the PCG.
The Philippines is also working on securing from Japan the funding for three key infrastructure projects—the Mega Manila Subway, the Cavite Industrial Area Flood Risk Management Project, and the Malolos-Clark Railway. — Jon Viktor Cabuenas/VDS, GMA News
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