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

  • Russia seeks outside investment in road building
    November 6, 2012
    The Russian road building industry is on the verge of big changes as it bids to improve quality and speed of construction says Eugene Gerden The Russian road building industry is on the verge of big changes as the national government considers creating conditions to attract foreign companies to build roads in the country. According to a recent order of President Vladimir Putin, due to poor quality and high cost of road construction, there is a need for the development of a mechanism to attract foreign compa
    Read More
  • Machine control brings accuracy to US paving job
    November 2, 2012
    The historic city of Raleigh in North Carolina is one of the few cities in the US that was planned and built specifically to serve as a state capital and its population and traffic volume have grown enormously in recent years An indicator of Raleigh's growth has been the need for an expanded roadway system to serve Wake County. As early as the 1970s there were plans for a Western Wake Expressway. This developed into a 112km, interstate-grade beltway, known as the Raleigh Outer Loop, which will encompass Ral
    Read More
  • India unveils ‘economic corridor’ plans for 27,000km of roads
    September 21, 2016
    India has embarked on an ambitious 6-year plan to upgrade 27,000km of roads into economic corridors. The goal is to reduce traffic congestion and boost jobs in 30 cities, according to a report by the Times of India. Around 44 stretches of highway have been earmarked for improvement and construction will include ring-roads. Financing will be a mixture of private investment and public money. In addition, the government will develop another 15,000 km, which will serve as feeder routes to these corr
    Read More
  • US$4 billion bridge and highway project
    June 14, 2024
    A US$4 billion bridge replacement and highway upgrade project is planned for the US.
    Read More

Highlighted Content