A new transport plan is being drawn up in the Philippines in a bid to deal with the country’s frequent traffic delays. The National Economic and Development Authority (NEDA) has commissioned the World Bank to set out a country-wide infrastructure roadmap. This plan is called the 'Philippine Transport Infrastructure Development' by the World Bank is in broadly in line with the Japan International Cooperation Agency (JICA)'s 'Dream Plan' for the country. Both outline sustainable development for Manila by 2030
Pilipinas Shell is investing around US$13 million in a new bitumen production facility in Tabangao, Batangas. With President Rodrigo Duterte’s administration planning to spend P8.2 trillion on infrastructure during his six-year term, Shell wants to be ready to participate fully. "In terms of target market, for the moment, we are actually in a good position because we are about 50% of the bitumen market in the Philippines already. We aim to continue to increase that," said Pilipinas Shell’s president and CEO
Japan has agreed in principle to provide financial assistance to Thailand for road construction and upgrades in connection with the East-West Economic Corridor.
The corridor is based on 1,450km of highway running across four Southeast Asian countries. The idea of investing in the corridor was originally proposed during a multi-national ministerial conference in Manila, Philippines, in 1998. Much of the route had been completed by 2010, according to review document by Asian Development Bank. It also noted t
