The Export-Import Bank of Korea (KEXIM) will fund several key infrastructure projects in the Philippines. The infrastructure projects include the Dumaguete Airport Development Project, the Philippine Coast Guard’s (PCG) Maritime Safety Enhancement Project, New Cebu International Container Port Project, and extension of LRT2 Cogeo in Rizal. 

KEXIM will also provide assistance in the design and implementation of the projects. 

Till date, KEXIM has released over USD1.5 billion concession loans for climate resilience, transport, energy, water source and communication projects in the Philippines, with the country being the fourth largest recipient of the Economic Development Cooperation Fund (EDCF).