The Japan International Cooperation Agency (JICA) has committed USD1.42 billion in loans to support major transport infrastructure projects in the Philippines, focusing on both road and urban rail development.
A significant portion of the funding will be used for the Central Mindanao High Standard Highway Construction Project, which includes upgrades to the Cagayan de Oro–Malaybalay corridor. It is being managed by the Department of Budget and Management. The financing will also support the Metro Manila Subway, covering consultancy services, rolling stock procurement, and electromechanical systems. The subway is a flagship project designed to improve urban mobility in Metro Manila and reduce reliance on road-based transport.
These projects are expected to be completed by 2034 and form part of broader efforts to modernise the Philippines’ transport infrastructure. The funding package complements additional financing from the Asian Development Bank and contributions from the national government.
