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

  • India pushing ahead with infrastructure projects
    July 4, 2012
    Despite the economic downturn, India looks to be pressing ahead with its major infrastructure projects to further boost its incredible growth. Patrick Smith reports India, which like most countries has been affected by the current economic climate, although not to the same extent, is pressing ahead with its ambitious highway construction plans. Each week new projects are completed, started or awarded as the nation seeks to improve its transportation requirements. These are needed to meet the aspirations of
    Read More
  • Philippines expressway connector project under construction
    March 11, 2019
    Construction work is starting in the Philippines for the new link that will connect the North Luzon Expressway (NLEx) and the South Luzon Expressway (SLEx). The project is costing nearly US$430 million, with the link being built by local toll road firm NLEX Corp. The new link road will be 8km long, running from the end of Harbor Link in Caloocan City to the Polytechnic University of the Philippines (PUP) in Santa Mesa of Manila. The road link will be elevated and the work is due for completion in 2021.
    Read More
  • New Paraguay-Brazil bridge being built
    July 1, 2020
    Construction work is now underway on a new Paraguay-Brazil bridge.
    Read More
  • Funding secured for Congo road project
    December 14, 2021
    Funding has been secured for a Democratic Republic of Congo road project.
    Read More

Highlighted Content