Key projects planned for the Philippines

A series of key infrastructure projects are planned for the Philippines.
Finance & Funding / July 7, 2021 35 seconds Read
By MJ Woof
Major new infrastructure works are planned for the Philippines – image © Indos82, Dreamstime.com

A number of key infrastructure projects are being planned in the Philippines. There are 13 of these major projects, with a total estimated value of US$10.78 billion.

The projects are being planned by the National Economic and Development Authority (NEDA) in the Philippines, on behalf of the country’s government. The projects include expressway and bridge works will help improve transport infrastructure as well as ensuring that the Philippines is better prepared to cope with the effects of climate change.

One of the major works planned is for the Laguna Lakeshore Road Network Project, which has an estimated cost of $$3.7 billion. Another project is for the construction of the Bataan-Cavite Interlink Bridge at an estimated cost of $3.62 billion. Of note is the fact that the latter project had previously been shelved and is now being revived.

Other projects include works to improve ports and to reduce the impact of flooding and earthquakes in areas of the country that are vulnerable.