Skip to main content

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
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, Bukidnon, Surigao del Norte and Agusan del Sur.

Related Content

  • India’s IRTE wins top Prince Michael of Kent Safety Award
    July 4, 2019
    India’s Institute of Road Traffic Education (IRTE) was among the international winners at the annual Prince Michael International Road Safety Awards in London. IRTE picked up the Premier Award for its road injury prevention programme and for being a key partner in the Safer Cars for India project established by Global NCAP, an independent certification body that evaluates the safety of vehicles. Part of IRTE’s strategy has been the setting up of what is believed to be Asia’s first Masters of Science i
  • Colombia to gain access to US$400 million loan from CABEI
    April 27, 2015
    Colombia's finance minister Mauricio Cardenas said the country will gain access to a loan of US$400 million the Central American Bank for Economic Integration (CABEI) for infrastructure projects. Around $200 million will finance 4G motorway concessions. The rest will be used on projects that involve CABEI founding members such as Nicaragua, El Salvador, Costa Rica, Honduras and Guatemala. The announcement was made during the 55th CABEI governors’ assembly in Medellin, Columbia, in April. Colombia has
  • Regional European Electronic Toll Services (EETS) boosted by €2.2mn EU co-funding
    February 4, 2014
    The European Union is set to co-finance with over €2.2 million from the TEN-T Programme a series of studies aiming to help realise the European Electronic Toll Services (EETS) on a cross-border regional scale. The studies, selected for funding under the 2012 TEN-T Multi-Annual Programme, specifically cover the electronically tolled primary road network of seven Member States (Austria, Denmark, France, Germany, Italy, Poland and Spain) plus Switzerland (receiving no EU support). It aims to deploy EETS on th
  • US$3.6 billion budget for roads in Philippines
    June 14, 2024
    US$3.6 billion will be spent for roads in the Philippines.