Tag: Bridge Project


  • Clarification on South Korea’s 700-Billion Won Loan for Bridge Project

    Clarification on South Korea’s 700-Billion Won Loan for Bridge Project

    Introduction The Department of Foreign Affairs (DFA) is set to clarify with the South Korean government the status of a significant infrastructure loan project amounting to 700 billion won, approximately PHP 28 billion, intended for bridge construction in the Philippines. This project has recently been ordered halted by South Korean President Lee Jae-Myung, raising concerns…