China finances Davao City to Samal Island connector PPP project
The Ministry of Finance of the Philippines has signed the framework and loan agreement for US$350 million with the Government of China for the development of a bridge connecting Davao City to Samal Island in Southern Philippines.
The Davao City-Samal Island connector bridge is 3.86 km long and will have four lanes in both directions. The project is expected to generate job opportunities and contribute to local economy as well as improve the livelihood of the inhabitants residing nearby.
Country updates
-
-
May 23, 2022
MRT line 7 PPP project to be full operation in 2023
The Department of Transportation (DOTr) has announced that the Manila Metro Rail Transit (MRT) line 7 public-private partnership (PPP) project is expected to be fully operational by 202...
Read more -
May 09, 2022
Construction contract awarded for Phase 1 Metro Manila Subway PPP project
Megawide Construction Corp., along with its joint venture partners, Tokyu Construction and Tobishima Corp., has secured a PHP17.8 billion (US$339.72 million) contract to construct the two stations of...
Read more -
May 06, 2022
South Korea extends investment for Panay Guimaras Negros (PGN) Island Bridges PPP project
The Government of the Republic of Korea has extended US$56.6 million in loans to the Government of the Philippines for engineering services required for the Panay-Guimaras-Negros (PGN) Island Bridges...
Read more -
May 05, 2022
San Pablo City held pre-bid conference for Phase II of Bulk water supply PPP project
The San Pablo City Water District (SPCWD) held a pre-bid conference at the SPCWD Training Center on April 19, 2022, for the lone qualifying bidder for the second phase of the Bulk Water Supply Project...
Read more -
May 05, 2022
Philippines organizes Global Tourism Summit for Subic-Clark-Tarlac Corridor
Philippine Public-Private Partnership Center has organized a Global Tourism Summit at the Clark International Airport in Pampanga with a focus on investment opportunities in the Philippine PPP infrast...
Read more
