The World Bank’s Board of Executive Directors approved a $64.6-million funding for the Metro Manila Bus Rapid Transit (BRT) Line 1 Project as a safe, reliable and comfortable ride for about 300,000 commuters daily along España Boulevard and Quezon Avenue.
The funding forms part of the $109.4 million total project cost, the Washington-based multilateral lender said in a statement on Friday. The Philippine government will provide the counterpart fund of $44.8 million.
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