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

  • Rainforest road repair and rehabilitation with stabilisation
    May 23, 2014
    A limited amount of aggregate and resources, including fuel, in the Riau province of Indonesia can challenge roadbuilders, but Indonesian contractor PT Harap Panjang overcame the obstacles on a recent project. The province rests in a tropical rainforest. The 2600mm of annual rainfall take a toll on the area’s roads, particularly those developed by oil company Chevron Pacific Indonesia. The remote roads were built to service Chevron operations, crucial to the economies of the city, region and country. The r
  • Slovakia's OPD transport cash
    April 26, 2012
    Slovakia had received €979million (US$1.28billion) from the European Commission's Operational Programme Transport (OPD) by the end of November 2011, according to Government sources. The money, which can be used until 2015, will pay for 40km of expressways, around 90km of motorway, and improvements to 80km of railways and 600km of roads.
  • Hewden Core Fleet Guarantee success sparks huge investment
    February 20, 2014
    Hewden, the national UK plant hire specialist, is investing over €70 million in its machine lines after seeing an enthusiastic response to its Core Fleet Guarantee (CFG). The CFG, said to be the first in the hire industry, offers a next day delivery on the 30 most hired plant and access machines or the customer receives a credit of €119 (£100). Launched in February 2013, 20,363 deliveries had been made up until mid-November 2013, 20,115 being delivered on time, giving an on time success rate of 98.78%.
  • Sri Lanka road financing deal agreed
    June 4, 2015
    A financing deal has been signed for a series of major road projects in Sri Lanka. A second loan facility worth US$107 million has been agreed between the Sri Lankan Government and the Asian Development Bank (ADB). This loan facility will be used to finance road upgrade projects in Sabaragamuwa Province, North Western Province, Western Province, North Central Province and Central Province. This loan forms part of the $800 million Integrated Road Investment Programme planned by the Sri Lankan Government. The