CITY OF SAN FERNANDO At least five infrastructure projects in the province have gained the support of the Korean government.
This was bared as the Korean Eximbank (KEXIM) Manila Representative Office, expressed intent level-up its funding support to infrastructure development priorities of the Department of Public Works and Highways (DPWH)’s “Build Better More” program.
KEXIM is the implementing agency of the Korean Government’s Economic Development Cooperation Fund (EDCF) Official Development Assistance (ODA) program in the Philippines.
KEXIM-EDCF Country Director and Chief Representative Jaejeong Moon met with DPWH Secretary Manuel M. Bonoan and Senior Undersecretary Emil K. Sadain to discuss ways to further strengthening the cooperation between Philippines and South Korea.
Among the projects discussed include the 30-kilometer Philippines-Korea Project Preparation Facility for Lubao-Guagua-Sasmuan-Minalin-Santo Tomas Bypass Road, and the Lubao-Guagua-Sasmuan-Minalin-Santo Tomas Bypass Road.
The seven-kilometer Section 4 Minalin (Bulac)-Sasmuan Viaduct project, and the Integrated Flood Management Master Plan of Lower Pampanga River Basin covering Pampanga Delta Development Project Phase II and Central Luzon-Pampanga River Floodway Flood Control Project were also tackled in the meeting.
The feasibility studies of the four infrastructure projects were funded through KEXIM’s ODA.
The meeting held August 12, 2022 at the DPWH Central Office was also participated by UPMO Project Directors Ramon A. Arriola III, Sharif Madsmo H. Hasim, and Benjamin A. Bautista; UPMO Project Manager Teresita V. Bauzon; and KEXIM Deputy Director Yunhak Lee and Program Officer Ana Labella.