The Export Import Bank of Korea-Economic Development and Cooperation Fund (KEXIM-EDCF) has sealed a loan to the Philippines to finance the engineering services for the Panay-Guimaras-Negros Island bridges project. In a statement, the Department of Finance (DOF) said that the Philippines and Kore
The Philippines and South Korea exchanged on Wednesday their copies of the agreement for the $56.6-million loan to finance the engineering services for the Panay-Guimaras-Negros Island Bridges project. Finance Secretary Carlos G. Dominguez III and Export Import Bank of Korea-Economic Development and Cooperation Fund (KEXIM-EDCF) Executive Director Tae-Soo Kim received from…
(PNA file photo) MANILA-The Department of Public Works and Highways (DPWH) on Saturday reported the completion and improvement of the 66.10-kilometer South and East Metro Manila Bike Lane Network covering the cities of Marikina, Paranaque, Muntinlupa, and Las Pinas. In a statement, DPWH Secretary Roger Mercado said the new protected bike lanes will provide the cyclists with safe, available, shared road space. The project consists of the East or Marikina Bike Lane Network with an overall length of 17.20 kilometers, covering the 8.72-kilometer General Ordonez Avenue; the 1.90-kilometer Liwasang Kalayaan; the 3.92-kilometer J. Molina, Scarlet, and Russet Streets; and the 2.64-kilometer Park Creek, from St. Vincent Hospital to Marikina Rehabilitation Center. On the other hand, the 48.90-kilometer South Manila Bike Lane Network covers the 16.87-kilometer Quirino Avenue to San Antonio Avenue via NAIA Road, Ninoy Aquino Road and Paranaque-Sucat Road in Paranaque; the 21.83-kilometer Carlos P.
CCLEX OPENING. President Rodrigo Duterte (4th from left) and Metro Pacific Tollways Corp. chair Manny Pangilinan (5th from right) lead the unveiling of the marker signaling the opening of the iconic Cebu-Cordova Link Expressway in Cebu on Wednesday (April 27, 2022). They were joined by (from left) Department of Public Works Highways Secretary Roger Mercado, Executive Secretary Salvador Medialdea, Senator Christopher Lawrence Go, Governor Gwendolyn Garcia, Rep. Emmarie Ouano-Dizon, Cordova Mayor Mary Therese Sitoy-Cho, and Cebu City Mayor Michael Rama. (Screengrab from RTVM video) CEBU CITY - President Rodrigo Duterte said the new Cebu-Cordova Link Expressway connecting Cordova town and this capital city that was inaugurated on Wednesday will solve Metro Cebu's traffic problem and boost regional economic development. The President congratulated the Metro Pacific Tollways Corp., the Cebu-Cordova Link Expressway Corp., and local governments of Cebu City and Cordova municipality for co
CCLEX OPENING. President Rodrigo Duterte (4th from left) and Metro Pacific Tollways Corp. chair Manny Pangilinan (5th from right) lead the unveiling of the marker signaling the opening of the iconic Cebu-Cordova Link Expressway in Cebu on Wednesday (April 27, 2022). They were joined by (from left) Department of Public Works Highways Secretary Roger Mercado, Executive Secretary Salvador Medialdea, Senator Christopher Lawrence Go, Governor Gwendolyn Garcia, Rep. Emmarie Ouano-Dizon, Cordova Mayor Mary Therese Sitoy-Cho, and Cebu City Mayor Michael Rama. (Screengrab from RTVM video) CEBU CITY - President Rodrigo Duterte said the new Cebu-Cordova Link Expressway connecting Cordova town and this capital city that was inaugurated on Wednesday will solve Metro Cebu's traffic problem and boost regional economic development. The President congratulated the Metro Pacific Tollways Corp., the Cebu-Cordova Link Expressway Corp., and local governments of Cebu City and Cordova municipality for co