Skip to main content

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

  • Funding secured for Philippines road projects
    February 15, 2019
    A loan package has been sourced for the Cebu Cordova Link Expressway project in the Philippines.
  • Japan investing in South East Asian infrastructure
    January 29, 2014
    Japan intends to offer financial aid worth some US$6.47 billion for infrastructure projects in Asean countries. This comes after the recent Asean-Japan Commemorative Summit and Japan-Greater Mekong Subregion (GMS). A large portion of the financial aid will be for investment projects under the GMS regional cooperation. The money will be provided in loans and grants. A five-year infrastructure plan by the GMS has already been approved at a GMS ministerial meeting. The plan covers 55 projects worth some $44.4
  • Qatar’s Lusail tunnel project
    March 24, 2017
    Qatar’s Lusail Tunnel is forming part of a new US$30 billion integrated transportation system The tunnel, and troughs to be constructed from Spring 2017, will carry both road traffic and light rail. Stirling Lloyd’s Integrating system has been used to waterproof 77,416m2 of the new tunnel. The cut and cover tunnel will open in Spring 2017 and will ensure easy access to the new Lusail City Development from the heart of Doha and will be a vital transport link for the planned 2022 FIFA World Cup tourname
  • US$5 billion for US bridges
    July 19, 2024
    More than US$5 billion is being made available to improve US bridges.