Skip to main content

Minimum US $ 14.08bn investment in Philippines highways

A minimum of US $ 14.08 billion out of an overall Philippines public investment need of $ 16.79 billion has reportedly been earmarked by the Government for highways projects. Goals have been set by the Department of Public Works and Highways (DPWH) to enlarge 12,236m of current bridges, mend national bridges measuring 58,592m, to replace broken bridges covering 19,725m, and to lay new bridges with a combined length of 18,255m.
October 16, 2012 Read time: 1 min

A minimum of US $ 14.08 billion out of an overall Philippines public investment need of $ 16.79 billion has reportedly been earmarked by the Government for highways projects.

Goals have been set by the 2569 Department of Public Works and Highways (DPWH) to enlarge 12,236m of current bridges, mend national bridges measuring 58,592m, to replace broken bridges covering 19,725m, and to lay new bridges with a combined length of 18,255m. By 2014, the department also wants to pave all sections of the 15,872km of national arterial roads that are not already paved. All national secondary roads totalling 15,370km that are unpaved will be paved by 2016.

For more information on companies in this article

Related Content

  • Mega city transport in Mexico
    June 13, 2012
    Rapid urban growth is resulting in massive mega cities with major transport needs and Mexico City is one of the world’s largest – Mike Woof reports Mexico City is a vast, sprawling metropolis and one of the world’s largest cities, resulting in huge problems for its inhabitants, particularly with regard to infrastructure. Measuring population size is an inexact science for large cities as suburban areas can add to the figures considerably, especially in developing nations where unplanned expansion is as comm
  • France earmarks €5bn for road works up to 2022
    September 28, 2018
    France will invest €5.1 billion in maintenance and construction of highways up to 2022 as part of a major transportation strategy. The money for highways is within €13.4 billion that the government pledged to invest in the general transportation sector. More than half of the money will be for railways. In September, the French government outlined its infrastructure spending priorities for the decade to 2028. The government is to prioritise investment at key rail hubs outside Paris. Half the total €13.4
  • Cheaper, greener and less smelly; it’s all about the additives
    August 20, 2015
    The demand for bitumen additives is set to increase. Kristina Smith reports on some of the companies who are preparing to meet that increased demand. The variation in quality and composition of bitumen around the world is something that has been well-documented in these pages. Processing technologies for crude oil are changing, the way bitumen is traded is changing, and the final result can be a product that may not be all it seems – or huge variations from one shipment to another. Help is at hand, however,
  • Philippines construction market bullish
    September 3, 2013
    Research from business intelligence specialist Timetric suggests that the market for infrastructure construction is growing fast in the Philippine. Timetric’s data shows that infrastructure accounted for 37.3% of the country’s construction sector and was worth US$9.6 billion in 2012. The market grew at a Compound Annual Growth Rate (CAGR) of 12.12% and is expected to reach a CAGR of 8.19% by 2017, having been boosted by the need to repair flood damage that occurred in 2012. The country’s construction ind