ADB has approved a $200 million loan to the Philippines government to implement major infrastructure projects under the Build, Build, Build (BBB) development programme. As additional financing to the ongoing Infrastructure Preparation and Innovation Facility, the loan will support preparations for several projects such as the engineering design of the Bataan-Cavite Interlink Bridge Project and the Metro Rail Transit Line 4 connecting Ortigas in Metro Manila to Taytay in eastern Rizal province. ADB will also offer project implementation and preparation support for staff at the Department of Transportation and the Department of Public Works and Highways to effectively and efficiently manage complex infrastructure projects. The Philippines government expects that the BBB programme can help boost long-term economic growth by increasing public infrastructure investments to 7 per cent of GDP by 2022.
