Philippines to spend US $91.22 million on tourism roads and other infrastructure

A total of US $ 91.22 million (PHP 3.8 billion) has been released by the Department of Budget and Management to develop tourism roads nationwide, as well as infrastructure development in the Autonomous Region in Muslim Mindanao (ARMM). Of the overall investment, $56.58 million is for the building of roads to tourist destinations, while the remainder of the money will go on developing water systems, bridges, ports, and roads in ARMM.
October 2, 2012 Read time: 1 min
A total of US $ 91.22 million (PHP 3.8 billion) has been released by the Department of Budget and Management to develop tourism roads nationwide, as well as infrastructure development in the Autonomous Region in Muslim Mindanao (ARMM).

Of the overall investment, $56.58 million is for the building of roads to tourist destinations, while the remainder of the money will go on developing water systems, bridges, ports, and roads in ARMM.

Related Content

  • Infrastructure spending aids economic growth
    February 21, 2012
    AT THE TIME of year it is worth considering how strong the construction market will be towards the end of 2010 and on into 2011. The build-up to the Bauma construction equipment exhibition in Munich, the world's largest exhibition, has helped fuel new product introductions from manufacturers, attracted contractors to visit the event and brought healthy interest to the construction sector as a whole.
    Read More
  • ARTBA: Up to 9,600 jobs at risk if Pennsylvania cuts transport works
    August 1, 2013
    Cutting highway and bridge work in the US state of Pennsylvania by 25% in any given year, and then sustaining it in future years, would cost the state US$1.25 billion in lost economic activity over a five-year period and put as many as 9,600 jobs permanently at risk, according to the American Road & Transportation Builders Association’s (ARTBA) chief economist. Dr. Alison Premo Black’s assessment of the impact of the potential impact of state-wide transport works cuts was part of her testimony to the Pennsy
    Read More
  • Philippines launches tender for 59.4km TPLEx Expressway extension
    November 23, 2023
    The Philippines is launching the tender for the 59.4km TPLEx Expressway extension project.
    Read More
  • Intermat Middle East positions itself for growth
    October 17, 2012
    As the United Arab Emirates gears up to invest more than US $4.6 billion (UAE Dirham 17 billion) in its nationwide road network in the next few years, the second annual INTERMAT Middle East show has taken place in Abu Dhabi with suppliers like AAA Cranes, Miller UK, Kanoo, Liebherr, Sennebogen, WireCo World, Erkat, Terex Finlay, Atlas Copco, , ELSA SRL, Robit Rock Tools, Ramtec Robi, Scheuerle Fahrzeugfabrik, T.G.S – The Grab Specialist, BV Beco, Techking Tires, Blastrac, SK Solutions, Xcentric Internationa
    Read More

Highlighted Content