The Asian Development Bank (ADB) is preparing to extend around USD4 billion in financing to the Philippines in 2025 to support key infrastructure projects such as the Bataan-Cavite Interlink Bridge and the Laguna Lakeshore Road Network. This comes after the country received over USD6 billion in assistance from ADB in 2024, making it the bank’s second-largest beneficiary. The new funding aligns with the bank’s Country Partnership Strategy (2024–2029), which prioritises infrastructure, disaster resilience, economic competitiveness, and human development.
Additional tranches are expected for the 32 km Bataan-Cavite bridge and the 37.5 km Laguna Lakeshore expressway. These are in addition to the USD1.45-billion loan already approved for the Malolos-Clark section of the North-South Commuter Railway. The ADB is also preparing to fund the government’s food stamp initiative, provide support for tax reform, and continue work on easing business processes.
