THE Department of Finance (DOF) and the Japan International Cooperation Agency (JICA) signed a supplemental agreement extending a 4.376-billion yen loan to the Philippines to help fund the second phase of the New Bohol Airport Project, which would cover the expansion of its runway and passenger terminal building. Finance Secretary Carlos Dominguez III and JICA Chief Representative Yoshio Wada signed on Monday the supplemental loan agreement and formally exchanged documents for Phase II of the New Bohol Airport Construction and Sustainable Environmental Protection Project in Panglao Island. Through JICA, Japan also provided funding support in the amount of 10.782 billion yen (approximately P5.18 billion or $237 million) for the first phase of the New Bohol Airport, which began construction in 2015 and is dubbed the country’s first international “eco-airport.” (PR)