DAVAO City Mayor Inday Sara Duterte disclosed the Development Bank of the Philippines (DBP) has expressed willingness to finance infrastructure projects of the city.
Duterte said she met with DBP heads on Thursday as the latter paid a courtesy call to her at Grand Men Seng Hotel.
"Wala silay gisulting specific nga project. Nagsulti lang sila nga willing sila for financing specifically for Davao City (They did not say any specific projects. They said they are willing to finance specifically for the city)" Duterte said in an interview Saturday.
DBP, however, also presented to Duterte its project with the National Government in constructing modernized ports.
"Ang gipakita nila sa akoa katong RoRo. (They presented to me the Roll On, Roll Off project) It was originally their project, which they proposed to the national government. This was implemented by President Arroyo during her time," Duterte said.
Duterte also said DBP offered to become the depository bank of the city.
"They said if we are interested they can also be the depository bank of the City Government of Davao, but right now our depository bank is Landbank (of the Philippines). Basta and DBP nagingon gyud sila nga willing sila magpahiram ug willing sila magnegotiate sa interest and terms (But the DBP said they are willing to lend us money and they are willing to negotiate with us on the interest and terms)” she said.
Asked if she would arrange the government and DBP to work on infrastructure projects, Duterte said she would prioritize the creation of a government center.
“There are other important infrastructures that I could say that’s also important such as creating highways. Padakon nato ang highways pasulod and i-link nato ang atoang mga naglainlaing barangays para pas atoang sulod ug gawas. Daghan daghan pa ang pwedeng buhaton. (We’ll expand our highways going inside the city and we’ll link our barangays so it's easier to navigate. There’s more to do in terms of infrastructure)," Duterte said.