US approves $3.8-M loan for Luzon Economic Corridor amid trade talks

Manila Bulletin

Despite ongoing trade talks between the two countries, the United States has approved a $3.8-million loan for the Luzon Economic Corridor, which seeks to accelerate coordinated investments in high-impact infrastructure projects.  READ: https://mb.com.ph/2025/4/29/us-approves-loan-for-lec   Join this channel to get access to perks: https://www.youtube.com/channel/UC5664f6TkaeHgwBly50DWZQ/join  Subscribe to the Manila Bulletin Online channel! - https://www.youtube.com/TheManilaBulletin  Visit our website at http://mb.com.ph Facebook: https://www.facebook.com/manilabulletin Twitter: https://www.twitter.com/manila_bulletin Instagram: https://instagram.com/manilabulletin Tiktok: https://www.tiktok.com/@manilabulletin  #ManilaBulletinOnline #ManilaBulletin #LatestNews

Transcript

00:00Yan ang magandang balita po. Maraming alam po natin na maraming programa ng Amerika ay natigil.

00:06Pero ang Luzon Economic Corridor po ay tuloy.

00:10Kaya natutuwa po kami when we received the letter from the USTDA.

00:16And as you know, this Subic-Clark-Manila-Batangas Rail will be very important to industry and trade.

00:23Kasi this will link the most important ports in our country.

00:28The Subic port, the Manila port, and the Batangas port together comprise over 80% of all volume of port traffic in our country.

00:39That's why the Subic-Clark-Manila-Batangas Rail is extremely important to our development.

00:46Sir, one more question. How much the loan that the US provided to us?

00:51$3.8 million po.

00:58Subic-Clark-Manila-Batangas al-ayat.

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