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 Kentucky-Ohio bridge link planned
    August 17, 2023
    A new Kentucky-Ohio bridge link is being planned.
    Read More
  • Tanzania delivers road construction boost
    November 2, 2012
    Plans to upgrade two major roads in Tanzania will bring huge benefits to the East African nation. Shem Oirere reports Tanzania’s bid to retain or improve its position as East Africa’s second largest economy is gaining momentum as the government moves to support the achieved growth and contribute more to ongoing regional economic integration through the improvement of its transport infrastructure. The country received a major boost in April, 2012, when the African Development Bank (AfDB), one of Tanzania lea
    Read More
  • Investment from Taiwan will boost Guatemala’s transport infrastructure
    July 16, 2013
    Financing from Taiwan will help develop road infrastructure in Guatemala. Both the Taiwanese Government and private Taiwanese sources are supplying funding streams to Guatemala for transport infrastructure development. The Taiwanese Government is donating US$50 million to help improve the section of the Atlantico road connecting Sanarate and El Rancho. Taiwan is also providing a further $50 million in the shape of a loan for the project. This loan will be repayable over a 20 year period. The Atlantico road
    Read More
  • Golden route to success
    July 20, 2012
    Built in 1937 and still the ninth longest suspension bridge in the world, the Golden Gate Bridge across San Francisco Bay remains in fine shape despite its age - Andrew Bardin Williams writes The Golden Gate Bridge turned 75 years old on May 27 and continues to play a key role in the transportation, engineering, construction and ITS communities. The structure has played an important historical role, an engineering success that boosted the economy of the region. And it also led the way as the first major pub
    Read More

Highlighted Content