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(DSC07927) Total cost of the SCTEX is Php27.123 billion. Eighty-five percent of the cost were funded by way of a loan from the Japan Bank for International Cooperation (JBIC) amounting to ¥41.93 billion or Php23.06 billion-with an interest rate of 0.95% per annum; 15 percent represents the BCDA counterpart or about Php4 billion. (Taken from http://www.bcda.gov.ph/sctex)

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