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

  • Ethiopian Roads Authority (ERA) picks Spanish, Chinese contactors
    October 22, 2014
    The Ethiopian Roads Authority (ERA) has contracted out two major road projects to Spanish and Chinese companies. China Hunan Hunda Road & Bridge Construction will build the 111.3km Merkote-Delbo junction-Alaba-Sodo road under a contract worth around US$50 million (€39.12 million). Completion is within two and a half years. Spanish joint venture UTE Elsameks Eco Asphalt Ethiopia 35 will handle the 63km Ambo-Welliso project. Completion is due in three years, with funding of around $59 million from the W
    Read More
  • Investment in the Philippines
    April 24, 2012
    Indonesian firm Citra is to construct the South Metro Manila Skyway Stage 4 highway project and the Skyway Stage 3 project in the Philippines. In all Citra plans spending a total of US$1.5 billion on its works in the Philippines.
    Read More
  • Philippines PPP priority projects
    July 19, 2022
    The Philippines Government is prioritising key PPP projects.
    Read More
  • Sri Lanka road funding package secured
    November 16, 2021
    A loan facility for Sri Lanka will be used for road funding.
    Read More

Highlighted Content