As announced last June 2018, Metro Manila Subway breaks ground and is expected to be completed by 2025, but partial operation of the first three stations is set in 2022.
The big-ticket project has a total loan financing requirement of P259.6 billion (on a total estimated cost of almost P360 billion), the biggest amount committed by the Japan International Cooperation Agency (JCCA) to a single country.
ABS-CBN : Manila Subway
According to US News & World Reports, the Philippines ranked number one destination for investment in 2018.
More than 7 thousand islands in the Southeast Asian area comprise the tropical nation of the Philippines.
With more than 100 million people, it’s the 13th most populous nation in the world.
English in an official language used in the schools; the country is the third-largest group of English speakers in the world.
Religion is marked by a 92% large majority of people being adherents of the Christian faith.
The Philippines are a member of major international organizations, including the UN, the ASEAN and the WTO, among others.
As an emerging economy, it stands out of the Southeast Asian countries with stable and solid macroeconomic fundamentals, together with remarkable GDP growth during the last years.
GDP is mostly given by remittances from Overseas Filipino Workers, Real Estate and Business Process industries, with strongly growing Tourism.
It’s currently a stage of huge investments for the Country’s infrastructures and it’s opened to direct foreign investments.
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After three years operating as HPGF Enterprises, Helyos is now stepping forward to Helyos Corporation, our new legal structure (registration under process at the Philippine SEC).