Philippines bridges deal from China

Funding from China will help pay for two bridge projects in Manila, the capital of the Philippines.
June 23, 2017 Read time: 1 min

Funding from China will help pay for two bridge projects in Manila, the capital of the Philippines. The US$72 million package will pay for the construction of two new bridges. The construction will help improve traffic flow in the city, which suffers chronic congestion. The two new crossings being planned are the Estrella-Pantaleon Bridge and Binondo-Intramuros Bridge.

Road Structures Finance & Funding

Related Content

  • Boom in Asian infrastructure investment
    February 8, 2012
    Investment in China and India continues unabated, but other nations on the continent are eager to attract companies as Patrick Smith reports Asia is still booming despite the current economic crisis, and new infrastructure programmes are constantly coming on stream. Powerhouses China and India, with their double-digit growth figures and huge infrastructure plans (in scope and cost), are leading the way and are still magnets for businesses wishing to expand, both in terms of facilities and customers. But oth
    Read More
  • US$3.6 billion budget for roads in Philippines
    June 14, 2024
    US$3.6 billion will be spent for roads in the Philippines.
    Read More
  • Guinea road financing secured
    August 23, 2021
    Financing is secured for road works in Guinea.
    Read More
  • Bogota transport infrastructure boost
    April 26, 2016
    The Colombian Government is investing in road infrastructure development, with a large portion of the budget being directed to Bogota. The road infrastructure programme includes 22 projects that will help cut chronic congestion in Colombian capital Bogota. Construction works for Avenida Longitudinal de Occidente (ALO) road expansion are expected to start in the first half of 2016. These will run from the Mondonedo intersection to Boyaca Avenue, in the southern part of the city. The budget for this project i
    Read More

Highlighted Content