The Asian Development Bank (ADB) is preparing a lending program of around USD4 billion for the Philippines in 2026, covering a mix of new government-led initiatives and phased financing for ongoing multiyear projects, according to the bank’s country office.
The planned package will support projects across key sectors, including transport, health, and education, and will include carryover tranches for large-scale infrastructure schemes already under implementation. Discussions are ongoing with the Department of Finance and the Department of Economy, Planning and Development to finalise the lending pipeline.
Major infrastructure projects expected to continue receiving phased financing include future stages of the Bataan–Cavite Interlink Bridge and the North–South Commuter Railway. These projects form part of ADB’s long-term engagement in the Philippines, where large transport investments are structured over multiple loan phases spanning several years.
The proposed 2026 program follows ADB’s 2025 lending activities, which included a USD400 million loan for the Business Environment Strengthening with Technology Program and a USD500 million loan for the Marine Ecosystems for Blue Economy Development Program. As of March 2025, ADB was the Philippines’ second-largest source of official development assistance, with cumulative commitments of USD10.4 billion.