Loans pave future for Philippine roads

An agreement worth US$493 million will seal the future or road maintenance projects and highway upgrades in the Philippines.
March 2, 2012 Read time: 1 min
An agreement worth US$493 million will seal the future or road maintenance projects and highway upgrades in the Philippines. A 25 year loan is being agreed between the 2416 Japan International Cooperation Agency (JICA) and the Philippine Government. The plans include repairs and maintenance to 600km of roads, rehabilitation of some 650km of roads and upgrades to a further 130km of roads.
Asphalt milling, paving & compaction Concrete milling, paving & compaction

For more information on companies in this article

Related Content

  • Birmingham tenders for $1.57 billion contract
    February 21, 2022
    The private finance initiative contract is one of the largest tendered by a local UK government.
    Read More
  • Roads for the future
    July 31, 2012
    Speakers at the 3rd European Road Congress looked at ways of preparing infrastructure to cater for future demands. Patrick Smith reports Road accidents in Europe can be reduced substantially, but vehicles will have to make more use of technology, and they will cost more. The problems will not be made any easier with the knowledge that road transport is set to double between 2040 and 2050. These were just some of the forecasts made at the 3rd European Road Congress, held in Brussels, Belgium, a key road sect
    Read More
  • Global growth in machine rental
    May 20, 2015
    The machine rental sector is undergoing significant expansion worldwide – Dan Gilkes reports. Plant hire, equipment rental, leasing, call it what you will, being able to use a machine when and where you need it, with no further concerns relating to ownership costs, depreciation or sudden repair bills, remains a compelling argument for many contractors. Which is one of the main reasons for the continued growth in popularity of equipment rental across the world. Rental has been big business in the UK, the US
    Read More
  • Yotta DCL to survey 140,000km of UK roads
    April 23, 2012
    Highway surveying company Yotta DCL has signed a four-year contract worth around US$3.61 million with the UK Highways Agency to survey and monitor some 140,000km of motorway and other major roads across England. As part of the agreement, Yotta DCL will perform a traffic speed condition survey (TRACS) to determine the condition of the road surface, assess the areas in particular need of repair and determine where immediate action needs to be taken. The company will use its new state-of-the-art Tempest highwa
    Read More

Highlighted Content