Australia provides US$107.2mn for Philippines road projects

Three Philippine provinces will receive US$107.2million from Australia for road-based projects. Aklan, Lanao del Norte, and Davao del Norte will receive the funds as part of an existing five-year provincial road management facility (PRMF) scheme involving ten provinces set to end in 2014, revealed Bill Tweddell, the ambassador of Australia. Most of the money will be allocated for road maintenance and rehabilitation. The programme initially covered Misamis Occidental, Bohol, Misamis Oriental, Guimaras, Bukid

April 24, 2012 Read time: 1 min

Chinese funding for Philippines infrastructure projects

May 9, 2016

Philippines and Korea Eximbank sign loan for Panguil Bay Bridge

The Philippines has signed a deal with the Export-Import Bank of Korea - Korea Eximbank – US$100 million loan. The 40-year loan will finance the Panguil Bay Bridge Project in Northern Mindanao. According to a report in Business World, the project requires a total investment of around $103.6 million. Panguil Bay is the narrow and shallow body of water between Lanao del Norte and Misamis Occidental. At its narrowest it is around 2km across. Considered a major infrastructure development in Northern Mindana

August 21, 2014

New bridge and highway projects proposed in Philippines

June 4, 2015

Transport development for Mindanao in Philippines

A series of transportation projects are in hand for Mindanao in the Philippines. The Philippines' Mindanao Development Authority (MinDA) has said that the Mindanao Development Corridors' major infrastructure component will cost some US$14.02 billion in all. Of the total, some $5.6 billion will be spent on airports, seaports and roads. MinDA intends that these projects will get underway out in the next two years, with work planned for completion in five years. A new bridge has been proposed that will conne

November 18, 2022