Philippines tourism roads to receive US$316.15mn in 2014

The Philippines Government will inject US$316.15 million (PHP 13bn) into improving tourism roads during 2014, in order to transport tourists to all parts of the archipelago. The latest cash for tourism roads follows the allocation of $507.73 million (PHP 21bn) from 2011-2013.
April 23, 2013 Read time: 1 min
The Philippines Government will inject US$316.15 million (PHP 13bn) into improving tourism roads during 2014, in order to transport tourists to all parts of the archipelago.

The latest cash for tourism roads follows the allocation of $507.73 million (PHP 21bn) from 2011-2013.

Related Content

  • Philippines’s NEDA to consider two road PPP projects in November
    November 12, 2015
    The National Economic and Development Authority (NEDA) will consider approval of seven Public-Private Partnership (PPP) projects, two of them highways, by the end of this month. The highways are the US$516 million Manila connector road and the $209 million Plaridel toll road. A report by the Manila-based Business World Online newspaper said the deals are worth around US$3.65 billion.
    Read More
  • Deutz delivering financial strength
    November 8, 2017
    German engine firm Deutz is reporting strong financial performance for the first nine months of 2017. The latest results reveal a marked increase in new orders, revenue and EBIT and a significant improvement in free cash flow. The firm also believes it is well positioned for the future as its E-Deutz strategy has been accelerated by the recent acquisition of Torqeedo. The firm says that new orders rose by 25.5% to reach €1,173.8 million, compared with €935.3 million for the same period in 2016.
    Read More
  • Terex looks for internal growth and strong margins
    January 6, 2017
    Terex Corporation chairman and CEO Ron DeFeo is predicting strong growth over the next three years, with the aim of US$10bn revenues by 2015, up from $7.3bn in 2012. However, unlike so often in the past, he is not looking for acquisition but to develop the existing business. Indeed, the company has recently sold off much of its road construction business, as it was struggling to expand that division.
    Read More
  • Terex looks for internal growth and strong margins
    April 17, 2013
    Terex Corporation chairman and CEO Ron DeFeo is predicting strong growth over the next three years, with the aim of US$10bn revenues by 2015, up from $7.3bn in 2012. However, unlike so often in the past, he is not looking for acquisition but to develop the existing business. Indeed, the company has recently sold off much of its road construction business, as it was struggling to expand that division.
    Read More

Highlighted Content