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

  • Davao City tunnel work accelerated
    November 18, 2022
    The twin-tube 2.3km-long tunnel will be the longest in the Philippines and is being constructed by Filipino and Japanese engineers.
    Read More
  • Nepal plans road infrastructure expansion
    March 12, 2014
    Major road expansion is planned for Nepal, but will face huge challenges due to the country’s geography - Mike Woof reports, with local information from World Highways' Nepal correspondent, Ram Krishna Wagle The tiny, landlocked nation of Nepal lies sandwiched between two of the world’s largest countries, China and India and maintains good relations with both. Politically Nepal has strong links with China, while culturally its ties are close with India and these relationships work both ways. Despite bein
    Read More
  • Major road projects for Philippines planned
    September 11, 2015
    A series of major highway infrastructure projects are planned for the Philippines. Plans are in hand for the Cavite-Laguna Expressway (CALAX) project, with MPCALA Holdings calling on the authorities to give final approval so that construction can commence before 2017. MPCALA Holdings is a subsidiary of conglomerate Metro Pacific Investments (MPIC) and won the 35-year contract to build, operate and maintain the CALAX in June 2015. The CALAX project is worth US$754.6 million. At present, the company is lookin
    Read More
  • US$5.3 billion for Philippines’ transport infrastructure works
    June 5, 2024
    Spending of US$5.3 billion is planned for key transport infrastructure projects in the Philippines.
    Read More

Highlighted Content