Japan and the Philippines have signed a deal on a 33.689-billion-yen, or 13-billion peso, loan.
The cash is for two projects in the country.
The first is the Metro Manila Priority Bridges Seismic Improvement Project, which is aimed at strengthening the transportation network around Metro Manila in case of a large-scale earthquake.
The second includes the Davao Bypass Construction Project which will help ease congestion in the city with a two-lane bypass.
The 28.8km project will include roads, a tunnel and a bridge.
“These projects reaffirm Japan’s steadfast commitment in assisting the Philippines in achieving its goal of quality infrastructure development, while strengthening the strategic partnership between our two countries,” the Department for Foreign Affairs said in a statement.
Japan and the United States are the only countries with strategic partner status with the Philippines.