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DBP approves P4-B loan for Cabuyao infra buildup

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DBP News

Approves,P4-B,Loan

STATE-OWNED Development Bank of the Philippines (DBP) granted a P4-billion credit assistance to the city government of Cabuyao to finance key public infrastructure projects in the first-class component city of Laguna, a top official said.

STATE-OWNED Development Bank of the Philippines granted a P4-billion credit assistance to the city government of Cabuyao to finance key public infrastructure projects in the first-class component city of Laguna, a top official said.

, particularly the promotion of transparent and efficient governance and advancement of health care and education in the country,' de Jesus said.De Jesus said that of the total loan amount, around P2.665 billion will be allocated for the construction of a new three-story city hall, college school buildings, a sports arena, a public market, and the establishment of Digital Education and Free WiFi Program for the Pamantasan ng Cabuyao.He said about P1.

 

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