Japan funding eyed for feasibility study of P70B BGC monorail

Standard

The feasibility study for a P70-billion monorail project at the Bonifacio Global City may be up for Japanese funding, depending on the outcome of a presentation to the National Economic and Development Authority (Neda) and the Japan International Cooperation Agency (Jica) next month.

Arnel Casanova, president of the Bases Conversion Development Authority (BCDA), said the target was to present the pre-feasibility study next month to Neda and Jica and a decision would be made if funding for the study could come from the Japanese agency.

Economic Planning Secretary Arsenio Balisacan, who is also Neda director general, noted that the preparation of the feasibility study, if it would proceed, need not be tied to the funding source of the project.

Taken from:

http://business.inquirer.net/108015/japan-funding-eyed-for-feasibility-study-of-p70b-bgc-monorail

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s