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In 2015, the Japan International Cooperation Agency (JICA) signed Japanese ODA loan agreements with the Government of the Republic of the Philippines under the second Aquino administration to provide loans of up to a total of ¥33.689 billion for Metro Manila Priority Bridges Seismic Improvement Project and Davao City Bypass Construction Project (South and Center Sections).
The project was renamed to Central Luzon Link Expressway (CLLEX) in 2011 after the preparatory survey and final report plan for Phase 1 was concluded. [7] JICA would fund the construction of the 66.4-kilometer (41.3 mi) CLLEX, while operation and maintenance would be under the public-private partnership (PPP) scheme.
The original project for the expressway is divided into two segments: the 50.5-kilometer (31.4 mi) Subic-Clark segment and the 43.27-kilometer (26.89 mi) Clark-Tarlac segment. The contractors for the project are a joint venture of Kajima , Obayashi , JFE Engineering , and Mitsubishi Heavy Industries for the Subic-Clark segment, and a joint ...
Fort Munro Steel Bridge (Ur:فورٹ منرو فولادی پل) also known as Rakhi Gaaj Project is a road bridge, located in the Punjab region of Pakistan, on the route to Fort Munro. It is the 2nd largest steel bridge in Asia. [1] It was engineered in collaboration with Japan, Japan International Cooperation Agency (JICA). [2]
JICA was chosen by the Japanese government to look into financing the project, and on November 27, JICA and the Department of Finance signed a loan agreement worth ₱97.3 billion ($1.99 billion) for the financing of the first phase. [70] [71] [72]
JICA was formed in 2003 [citation needed] as a result of a comprehensive overhaul of Japan's ODA. It is now one of the largest bilateral development organizations in the world, with a network of 97 overseas offices, projects in more than 150 countries, and available financial resources of approximately 1 trillion yen ($8.5 billion).
An initial proposal in 2015 from the Japan International Cooperation Agency (JICA) envisioned two underground rail lines in Yangon along with a light rapid transit network. [3] In April 2019, JICA was announced to be providing assistance to the Burmese Ministry of Transport regarding the project, which was then confirmed to consist of elevated ...
JICA agreed, in 2017, to fund 81% of the total project cost ₹ 88,087 crore (equivalent to ₹ 1.2 trillion or US$14 billion in 2023), through a 50-year, 1.5 trillion Japanese yen loan, at an interest rate of 0.1% with a moratorium on repayments up to 15 years [39] and the remaining cost will be borne by the state governments of Maharashtra ...