Chinese funding for Philippines infrastructure projects

Financing from China is playing a key role in in supporting the development of the transport infrastructure network in the Philippines. In all 18 major projects are planned to be carried out during the current administration in the Philippines, with the work benefiting from a colossal US$13.75 billion in funding from China. Both grants and loans make up the funding. The major road projects include those for the Davao City Expressway, the Camarines Sur Expressway and the North Luzon Expressway East. They
August 17, 2018 Read time: 1 min

Financing from China is playing a key role in in supporting the development of the transport infrastructure network in the Philippines. In all 18 major projects are planned to be carried out during the current administration in the Philippines, with the work benefiting from a colossal US$13.75 billion in funding from China. Both grants and loans make up the funding. The major road projects include those for the Davao City Expressway, the Camarines Sur Expressway and the North Luzon Expressway East. They also include a number of bridge projects, namely the Negros-Cebu Link Bridge, the Luzon-Samar Link Bridge, the Bohol-Leyte Link Bridge, the Panay-Guimaras-Negros Island Bridges, the Cebu-Bohol Link Bridge and the Dinagat (Leyte)-Surigao Link Bridge.

Finance & Funding

Related Content

  • New expressway for the Philippines under construction
    April 2, 2019
    A new expressway link in the Philippines is now under construction. The US$241.6 million South Luzon Tollway (SLTC) project will feature six separate sections. Work is due for completion in 18 months. The new route will cut journey times on the route between Santo Thomas and Barangay Mayao from three hours at present to just 45 minutes.
    Read More
  • Former deputy secretary of transportation for Virginia joins PB
    March 15, 2012
    Barbara W Reese, former deputy secretary of transportation for Virginia and CFO of the Virginia Department of Transportation (VDoT), has been named a principal consultant in the strategic consulting group of Parsons Brinckerhoff.
    Read More
  • China’s Hebei province and Yibin city reveal big road spending plans
    April 1, 2014
    China’s Hebei province plans to spend US$3.47 billion (CNY 21.6 billion) in 2014 to build and maintain rural and normal trunk roads. Rural roads will receive CNY 7.5 billion, normal trunk roads CNY 9.1 billion and road network optimisation CNY 5 billion. Meanwhile, the Chinese city of Yibin will this year invest more than $1.61 billion (CNY 10 billion) in transport projects. During 2014, Yibin plans to spend a total of $6.59 billion (CNY 40.7 billion) on 157 major projects. They include 58 basic infrastruc
    Read More
  • Huge investment for Moscow’s motorway routes
    May 1, 2015
    Huge investments being made in building several outbound routes in Moscow and the Moscow region – Eugene Gerden writes. Up to US$20 billion (900 billion Roubles) will be invested in the building of several outbound routes in Moscow and the Moscow region during the next few years, according to an official spokesperson of the Russian Ministry of Transport. It is planned that the routes will be built as flyovers above the railroad tracks in the Yaroslavl, Kazan, Riga and Paveletskaya directions of the
    Read More

Highlighted Content