Major new highway projects are now underway in the Philippines. The tender process is opening for the Laguna Lakeshore Expressway-Dike project, which will be worth some US$2.59 billion in all. The new expressway will connect Los Banos with Taguig City and when it is complete, will improve journey times from Laguna to Metro Manila by cutting congestion. Just over half of the sum will be used to build the expressway itself, while the rest will be used to construct a new flood control dike as well as to carry out land reclamation works. The project is being offered as a 37 year concession package. A previous attempt to invite tenders for the project was not successful, so the terms were amended so that the project could be relaunched.
Meanwhile a new expressway project is also being planned to improve transport connections between Metro Manila and Bataan, which could cost as much as $8.43 billion in all. Included in the works will be the construction, design and financing of flood control measures for the coastal sea barrier and Navotas City coastal waters. A consortium comprising New San Jose Builders and San Miguel (SMC) is offering to handle the project. A decision on the project from the National Economic and Development Authority is expected shortly.
Meanwhile a new expressway project is also being planned to improve transport connections between Metro Manila and Bataan, which could cost as much as $8.43 billion in all. Included in the works will be the construction, design and financing of flood control measures for the coastal sea barrier and Navotas City coastal waters. A consortium comprising New San Jose Builders and San Miguel (SMC) is offering to handle the project. A decision on the project from the National Economic and Development Authority is expected shortly.
