Japanese funding for Philippines tunnel project

A new tunnel project in the Philippines is to be constructed with the help of Japanese funding. The project calls for the building of a new tunnel section connecting the centre of Davao City with its southern tip. Necessary funding for the work is being provided by the Japan International Cooperation Agency (JICA). The official development assistance (ODA) loan being provided by the JICA is worth US$232.74 million. The new Davao City bypass construction project in 2015 will be developed using Japanese exper
January 30, 2017 Read time: 1 min
A new tunnel project in the Philippines is to be constructed with the help of Japanese funding. The project calls for the building of a new tunnel section connecting the centre of Davao City with its southern tip. Necessary funding for the work is being provided by the Japan International Cooperation Agency (JICA). The official development assistance (ODA) loan being provided by the JICA is worth US$232.74 million. The new Davao City bypass construction project in 2015 will be developed using Japanese expertise. The aim of the project is to reduce congestion in Davao City and cut journey times, particularly between the commercial centre and the port areas.
Finance & Funding Road Structures

Related Content

  • Japan investing in Ugandan roads
    January 31, 2014
    Japanese investment is helping develop Ugandan infrastructure. Construction of the New Nile Bridge is being part-financed by the Japanese Government. Some US$90 million for the dual-lane bridge is being provided through the Japan International Cooperation Agency (JICA). The bridge forms part of the important Northern Transport Corridor of East Africa, which runs from the Port of Mombasa in Kenya through Uganda, Rwanda, Burundi to the Democratic Republic of Congo. This route is vital for Uganda’s economy, as
    Read More
  • Philippines Government approves key CALAX expressway project
    August 7, 2012
    The Philippines Government appointed National Economic and Development Authority (NEDA) Investment Coordination Committee-Cabinet Committee (ICC-CabCom) has approved the Cavite-Laguna Expressway (CALAX) project.
    Read More
  • Japanese loans to help fund Indian road projects
    December 11, 2015
    Five road projects in India will benefit from funding provided by loans from Japan. The Japan International Cooperation Agency (JICA) is to provide loans worth a total of US$738.65 million to fund five road projects. These will form part of the North East Connectivity project, which has been planned by the Indian Government. The work includes upgrade works to the northeast road network, while the Indian Government has also dedicated a portion of the funds to upgrade the Aizwal-Tuipand, NH-51, and NH-54 road
    Read More
  • Myanmar bridge construction project underway
    February 18, 2019
    Construction work is underway on the new bridge spanning the Bago River in Myanmar. Much of the funding for the 1,928m bridge is being provided by the Japan International Cooperation Agency (JICA) in the form of a loan worth US$272.6 million. It is expected to cost $289 million in all to build, with completion expected in 2023. The bridge connects Thanlyin with Yangon’s Thaketa Township area and is being built just 125m from the existing bridge over the Bago River. This new cable-stayed structure will help
    Read More

Highlighted Content