PH adds investment mobilization project to $60M US grant

Department of Finance

MANILA, Philippines — The Philippines has added a second project to mobilize investments under the $60-million grant from the United States’ Millennium Challenge Corporation (MCC) Threshold Program.

This follows the two countries’ signing of the Threshold Program Grant Agreement on Thursday, through Finance Secretary Frederick Go and US Ambassador to the Philippines Lee Lipton, on the sidelines of the Luzon Economic Corridor (LEC) Investment Forum.

READ: PH secures $60-M MCC grant for energy sector

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PH adds investment mobilization project to $60M US grant

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