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

  • Bids opening for Philippines mega bridge
    April 29, 2024
    Bids are opening for a mega bridge project in the Philippines.
    Read More
  • Sydney buses to collect road data
    July 22, 2022
    In the Australian scheme called Asset AI, 32 public buses in Sydney have a camera and sensor.
    Read More
  • Philippines moves provincial road maintenance to local units
    January 4, 2016
    The Philippines federal government has earmarked US$138 million for repairing provincial roads in 73 of the country’s 81 provinces. The Department of Budget and Management allocated the money under the KALSADA programme that devolves responsibility for road repair and maintain of provincial roads, alongside the planning of other local infrastructure, to local governments. Local governments are also expected to come up with their own Provincial Road Network Development Plans. Public Works Secretary
    Read More
  • Delays put in doubt Serbian road deals
    April 19, 2016
    The two construction companies in Serbia, appointed for rehabilitation of around 1,100km of motorways, may have their contracts cancelled soon, according to Serbian media. The projects estimated to be worth around €400 million, according to a report by the national news agency Tanjug. Serbian vice president, Zorana Mihajlovic reportedly said that federal government may cancel the work due to violations of deadlines. However, she did not name the companies. For the time being it is an issue between
    Read More

Highlighted Content