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Economy

Japan to finance $4.6bn Metro Manila subway

Abe and Duterte likely to ink deal at November ASEAN meetings

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Japan is preparing to make some badly needed investments in Philippine transport infrastructure.   © Reuters

MANILA -- Japan expects to sign a financing agreement to build Metro Manila's first underground mass transit line to help decongest the gridlocked Philippine capital.

The Philippines-Japan Joint Committee on Infrastructure Development and Economic Cooperation met in Tokyo earlier this week and agreed to "work closely" together on possible projects.

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