DPWH seeks foreign funding for P34B CDO coastal road project

DPWH seeks foreign funding for P34B CDO coastal road project

MANILA, Philippines — The Department of Public Works and Highways (DPWH) will seek foreign funding, particularly from Japan, to accelerate the completion of the proposed extension of the Cagayan de Oro (CDO) Coastal Road, Secretary Vince Dizon said Friday.Dizon said the coastal road extension would require about P34 billion, an amount that would be difficult to fund solely through the government’s regular infrastructure budget.“We will now look …