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

  • Funding road research in Kenya as infrastructure development grows
    August 14, 2017
    The demand for road construction material research and testing services in Kenya is expected to soar. The East African country is going through a construction boom, despite policy and financial challenges facing public institutions overseeing the research and testing operations in the transport industry. “Kenya is going through a construction boom and so is the demand for construction material testing services,” said Juma Ali Madzitsa, Geotechnical Lab Supervisor at SGS Kenya, a subsidiary of Swiss based in
    Read More
  • Philippines’s NEDA to consider two road PPP projects in November
    November 12, 2015
    The National Economic and Development Authority (NEDA) will consider approval of seven Public-Private Partnership (PPP) projects, two of them highways, by the end of this month. The highways are the US$516 million Manila connector road and the $209 million Plaridel toll road. A report by the Manila-based Business World Online newspaper said the deals are worth around US$3.65 billion.
    Read More
  • Bolivia's Santa Cruz road corridor connector project
    December 22, 2016
    Bolivia’s ambitious Santa Cruz road corridor connector project is providing an important link for the country - Gordon Feller writes The World Bank has been organising a US$230 million loan to upgrade a vital connector linking the country’s northern and southern transit corridors. Meanwhile, another $100 million is coming from Bolivia’s government.
    Read More
  • Turkey’s new Marmara Highway project
    June 8, 2017
    By the end of 2018, a shiny new strip of asphalt will skirt around Turkey’s largest city, Istanbul, providing a new transport connection.
    Read More

Highlighted Content