DAVAO CITY—Sarangani has sealed with Land Bank of the Philippines a P1-billion loan to fund the acquisition of heavy machinery and hospital equipment for the province.
The loan will fund the province’s developmental projects, particularly the P500-million acquisition of several heavy equipment, P200-million for hospital and medical equipment, and P300 million to establish the proposed Provincial Agri-Fisheries Complex. The P200 million for the hospital equipment would scale up the capacity of the Sarangani Provincial Hospital to operate as a medical center, while the P300-million agri-fisheries complex would help in expanding small and medium scale fisherfolk and consumer markets, he explained.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: