THE Department of Transportation wants the Korean government to fund more road transport infrastructure projects in the Philippines.
The agency and state-owned Export-Import Bank of Korea recently held a coordination meeting to discuss and assess current projects funded by the latter such as the new Dumaguete Airport Development Project, the Philippine Coast Guard’s Maritime Safety Enhancement Project, New Cebu International Container Port Project and the LRT-2 Cogeo Extension in Rizal.
Secretary Jaime Bautista said KEXIM’s assistance in the design and implementation of transport projects could provide the maximum benefits for commuters and passengers.
“We hope to agree on how best to move forward with such projects as the new Dumaguete Airport, the new Cebu International Container Port, extension of LRT 2 as well as the Pangasinan airport feasibility study and the maritime safety enhancement project,” said Bautista.
He said with KEXIM’s support, Filipinos are guaranteed a better passenger experience through airport, seaport and railway projects.
