Japan Grants USD 770 Million Loan for the Dalton Pass East Alignment Road Project
The Philippine government has secured a loan of PHP 37 billion (USD 770 million) to fund the construction of a road project announced by the Department of Public Works and Highways (DPWH). Finance Secretary Ralph G. Recto and Japan International Cooperation Agency...
KKR Commits USD 400 Million in Philippine Telecom Towers
US-based investment firm KKR is injecting USD 400 million into telco tower development in the Philippines, as confirmed by the US Department of Commerce. Through independent telecom tower operator Pinnacle Towers, KKR plans to develop and acquire around 2,000 towers...
Lufthansa Invests USD 150 Million in Clark Airport Hangar Expansion
Lufthansa Technik Philippines (LTP) has revealed plans for a USD 150 million investment to construct a second hangar at the Clark International Airport (CIA). This initiative aims to strengthen LTP’s aircraft maintenance, repair and overhaul (MRO) capabilities...