Philippines have obtained new loans from the Asian Development Bank (ADB) that is meant to improve roads network in Mindanao.
A total of 11 big-ticket infrastructure projects will be implemented by the Department of Public Works and Highways (DPWH) under the $380 million loan agreement on Improving Growth Corridors in Mindanao Road Sector Project signed Wednesday, January 10, 2018 by Department of Finance Secretary Carlos Dominguez and ADB President Takehiko Nakao.
The project is ADB’s first support for a regional project in the “Golden Age of Infrastructure” under the President Rodrigo R. Duterte administration.
DPWH Secretary Mark A. Villar said the project which will be implemented from 2018 up to 2023 will cover the construction of eight (8) roads in Zamboanga Peninsula with total length of 277.23 kilometers and additional three (3) bridges in the Province of Tawi-Tawi with total length of 775 lineal meters.
“The whole project costs P25.257 Billion. With the ADB loan, we can utilize more of our budget to other key infrastructure projects of the government,” said Secretary Villar.
Under the project, three (3) core projects which include the 23.69-kilometer Alicia-Malangas Road; 17.1-kilometer Tampilisan-Sandayong Road; and 37.49-kilometer Lutiman-Guicam-Olutanga Road with 440-lineal meter Guicam Bridge are for procurement on the first quarter of 2018
The detailed engineering design of five (5) more projects namely: the 55.25-kilometer R.T. Lim-Siocon Road; 40-kilometer Lanao-Pagadian-Ipil-Zamboanga Road and Curuan-Sibuco Road; 34.5-kilometer Siay-Gapol Road; and the 27.76-kilometer Gutalac-Baliguian Alternative Road, is now 80% completed.
Bridges in Taw-Tawi namely: Malassa-Lupa Pula; Tongsinah-Paniongan; and Nalil-Sikkiat will also be covered by the project.
All these projects have the common goal and in line with the strategies of Build….Build….Build by accelerating infrastructure development to support Mindanao development by increasing the capacity of Brunei Darussalam-Indonesia-Malaysia-Philippines East ASEAN Growth Area (BIMP-EAGA) road network and improving and widening of existing roads and bridges to upgrade and expand the Philippine road network”, Villar added.
These roads and bridges are among the priority projects of the DPWH as the agency focus on backing the economic development outside Luzon, in this case of the Mindanao Area.
MANILA -- The US government reiterated its offer to supply the Philippines with the Lockheed Martin F-16. The offer took place during Department of National Defense (DND) Secretary Delfin … [Read More...]
The kit incorporates, among other systems, an electro-optical imager and a variant of ELTA Systems' EL/M-2022 synthetic aperture radar The 300th Air Intelligence and Security Wing (AISW) of the … [Read More...]
Here in the Philippines, there are lots of events that can – and do – have an effect on the economy. From the recent debates over the local labour market to natural disasters such as Typhoon Haiyan, … [Read More...]
The Philippines will hold joint military exercises with China during the Association of Southeast Asian Nations (Asean)-China military exercise to be held in Zhanjiang, China on October 22 to 29, the … [Read More...]
The National Guard of the Republic of Kazakhstan has received its first Y8F200W military transport aircraft from China. According to Kazakhstan’s source, the National Guard has received into … [Read More...]
MALAYBALAY CITY – A mass surrender ceremony for 117 members and supporters of the New People’s Army (NPA) was held in Sitio Mainaga, Barangay Iba, Cabanglasan, Bukidnon on Wednesday. Capt. Norman … [Read More...]