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

  • Nicaragua road project funding deal
    February 1, 2018
    Nicaragua’s Ministry of Transport and Infrastructure (MTI) is setting out its road development programme for 2018. In all the plans call for the construction of 171km of roads. Work will be completed for the road from Mulukuku to Siuna, with the first 23km stretch due to open in September 2018 and the remaining 21.5km expected in December 2018. Meanwhile the road from Nueva Guinea to San Francisco should be complete by November 2018. Work started on these two routes in 2016. The project also calls for
    Read More
  • Key road upgrade works are underway in the Philippines
    October 26, 2012
    Works are now underway on an upgrade to a 222km stretch of road connecting Samar to Eastern Samar in the Philippines. The US Government is funding the work through its Millennium Challenge programme, which is worth some US$434 million. The road improvement forms part of the Secondary National Roads Development Project and will help boost access for the community. A consortium comprising CM Panco Construction and DM Consunji is now working on the CP 1 contract, which includes a 16km section of road and the T
    Read More
  • New Chinese road works underway
    August 23, 2022
    New Chinese road works are now underway.
    Read More
  • Middle East financing for Moscow’s new toll route
    June 12, 2018
    Financing from the Middle East is helping to build the first toll road in Russia’s capital Moscow – Eugene Gerden reports. The first toll road within the Russian capital Moscow will be built this year with financing from a consortium comprising Russian and Arabian investors. This was revealed officially in a recent statement from the Moscow City Government. The heart of the project involves building a relief road for Kutuzovsky Prospekt, a major radial avenue in Moscow, which is known for its luxury stores
    Read More

Highlighted Content