The Philippine Pasig River Bridge Project financed by the Export Import Bank officially commenced
Recently, the Philippine Pasig River Bridge Project financed by the Export Import Bank was granted a commencement order, marking the official commencement of the project.
The project will build three bridges on the Pasig River and a flood diversion channel in Manila, the capital of the Philippines. After the completion of the project, it will effectively alleviate the serious traffic congestion problem in the Greater Manila region, improve road connectivity and traffic efficiency, and enhance the emergency transportation capacity of the region in case of natural disasters such as floods and earthquakes. further improving the level of transportation infrastructure in the region, with good economic and social benefits.
For a long time, the Export-Import and has supported a number of key projects in the fields of agriculture, water conservancy, transportation, etc. in the Philippines, effectively promoting sustainable economic and social development and improving people's living standards. In the future, the Export Import Bank will continue to play its role in expanding high-quality practical cooperation in jointly building the Belt and Road".
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