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

  • Philippines starts bridge improvement consultation
    June 23, 2025
    Feasibility study on construction and/or replacement of 25 priority bridges
    Read More
  • Russian road rule change?
    April 30, 2012
    A new policy in Russia could change way the country’s road projects are planned. The country’s government is considering life-cycle costing as the model for future road construction projects. Under this proposal, the contractor would be responsible for road maintenance during an agreed period. The state would pay for the road over its life without providing funds immediately after the contract date. The contractor would pays for project design, construction, repair and maintenance from its own funds or attr
    Read More
  • Nicaragua is planning major road investments
    March 30, 2015
    The Nicaraguan Government is setting out major plans for road infrastructure development. The country's master plan for road infrastructure envisages work to a total of 4,200km of main roads across the country. This programme is expected to cost in the order of US$5.20 billion, according to pre-feasibility studies carried out by Korea Expressway Corporation (KEC). Funding is being sought at present by the Nicaraguan Government, which is in discussion with a number of bodies.
    Read More
  • Montreal’s new Champlain Bridge is shaping up for Christmas
    September 10, 2018
    Montreal’s Champlain Bridges - one going up, one coming down, reports David Arminas The importance of the new Champlain Bridge to Montreal and Canada can’t be overstated, given the crumbling nature of the not-so-old original Champlain Bridge. The original steel truss affair across the St Lawrence River and the adjacent St Lawrence Seaway canal is “a lifeline for residents and businesses” in greater Montréal, according to the national Auditor General - the public sector spending watchdog. “It accommodates
    Read More

Highlighted Content