PH Secures $905.26M Loan from Korea for Laguna Lakeshore Road Network Project - Phase I, Stage 1
The Philippine government has secured an official development assistance (ODA) loan from the Republic of Korea through Export-Import Bank of Korea (KEXIM) for Laguna Lakeshore Road Network (LLRN), Project Phase 1 Stage 1
The loan, valued at $905.26 million, will support civil works implementation by the Department of Public Works and Highways (DPWH) of this flagship project under the Build Better More program of President Ferdinand Marcos Jr. which aim to enhance the country’s infrastructure, improve connectivity, and support economic growth.