Chinese funding for Philippines transport projects

Two of the biggest transport development projects in the Philippines will now benefit from Chinese funding. The projects are for the construction of a new bridge connection joining the Panay-Guimaras-Negros Islands as well as the Davao City Expressway, which will stretch a distance of 23km and provide a link between the Carlos P Garcia National Highway and Bangkal, Panacan and Sta Ana Wharf. The Davao City Expressway project is expected to cost close to US$ 488 million and will be carried out in three stag
March 27, 2017 Read time: 1 min
Two of the biggest transport development projects in the Philippines will now benefit from Chinese funding. The projects are for the construction of a new bridge connection joining the Panay-Guimaras-Negros Islands as well as the Davao City Expressway, which will stretch a distance of 23km and provide a link between the Carlos P Garcia National Highway and Bangkal, Panacan and Sta Ana Wharf. The Davao City Expressway project is expected to cost close to US$ 488 million and will be carried out in three stages.
Finance & Funding

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