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Public-private partnerships $3.8 billion Philippine railway project gets ADB backing

Discussion in 'News and Weather' started by Rye83, May 16, 2015.

  1. Rye83

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    MANILA -- The Asian Development Bank on Friday announced the first project it would be assisting under the lender's expanded public-private partnership advisory services: a $3.8 billion Philippine railway project.

    The ADB and the Development Bank of the Philippines will jointly advise the Philippine transportation department on the tender for what will be the nation's biggest PPP deal to date.

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