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

  • India's massive highway programme continues
    February 14, 2012
    India's Government is continuing with its huge highway investment programme, with the Indian Road, Transport and Highways Ministry planning to announce US$15.66 billion worth of contracts in the 2011-2012 period.
    Read More
  • Philippines implementing transport projects
    March 3, 2017
    A series of major highway projects are now being implemented in the Philippines. Key projects being implemented close to Davao City include the US$380 million Davao City-Panabo City bypass, the $537.5 million Coastal Road and two flyovers worth $14 million in total. The bypass project will cut journey times and includes the construction of a tunnel section, with a portion of the funding being provided by the Japan International Cooperation Agency (JICA). The new coastal route will also cut congestion and jo
    Read More
  • Japanese loans to help fund Indian road projects
    December 11, 2015
    Five road projects in India will benefit from funding provided by loans from Japan. The Japan International Cooperation Agency (JICA) is to provide loans worth a total of US$738.65 million to fund five road projects. These will form part of the North East Connectivity project, which has been planned by the Indian Government. The work includes upgrade works to the northeast road network, while the Indian Government has also dedicated a portion of the funds to upgrade the Aizwal-Tuipand, NH-51, and NH-54 road
    Read More
  • US$528 million loan for Indonesia port
    January 22, 2025
    A US$528 million loan will pay for an Indonesia port upgrade
    Read More

Highlighted Content