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

  • The US needs bridge repairs
    February 15, 2022
    The US needs many of its bridges to be repaired.
    Read More
  • Brazil’s Serra do Cafezal Highway
    July 29, 2015
    Brazil's improved Mercosur route will boost capacity and cut travel time - Mauro Nogarin writes. The Régis Bittencourt Highway is one of the main access routes of the Mercosur traffic. It has a length of 400km and connects the main cities of São Paulo and Curitiba, which allows for products to enter from the southeast toward the rest of the southern part of Brazil and later transit to Argentina, Paraguay and Uruguay. Products also flow into Brazil from Mercosur through this major highway. The cost of the hi
    Read More
  • S&P Global Rating: credit stability for toll road operators
    August 14, 2017
    The outlook is generally stable for business conditions and credit quality for toll roads worldwide, according to the latest survey from ratings agency S&P Global.The exception is the US where the overall outlook is “positive”, noted the report S&P Global Ratings' 2017. The 21-page report considers broad economic and industry-specific trends. It looks at economic conditions, demographic trends and geopolitical risks that affect the movement of people and goods. “We expect stable or improving, but still frag
    Read More
  • Penang’s PAN 1 project to go ahead amid environmental concerns
    April 17, 2019
    Malaysia’s Penang state has approved the PAN 1 Highway project but with conditions attached following an environmental impact study. Work could start next year on the 19.5km project – officially called the Pan Island Link 1 - that will likely cost around US$1.7 billion, according to a report in the newspaper Sundaily. The project will consist of 7.6km of viaducts, four tunnel sections totalling 10.1km in length and embankment sections totalling 1.8km. Penang Island, around 300km², is the main islan
    Read More

Highlighted Content