Projects
Projects
ph/2017/07/list-75-priority-projects-of-duterte-administration/18846
-new terminal, the first hybrid PPP (Public Private Partnership) project
-fastest infrastructure project to be implemented by the national government, setting the template for all
other projects under the Build Build Build program, (accdg. to Finance Secretary Carlos Dominguez III)
-started in 2017 and is now already 53% complete.
-expected to be completed by 2020
-The consortium managing the operations and maintenance (O&M) of the Clark International Airport is
eyeing to allocate PHP6 billion for the improvement of its new terminal building, which is expected to
serve around 8 million passengers or double the current capacity of its existing terminal.
-The North Luzon Airport Consortium (NLAC) bagged the O&M of the Clark International Airport last
December
-The consortium, which is comprised of Changi Airport Philippines Pte. Ltd., Filinvest Development Corp.,
JG Summit Holdings, Inc., and Philippine Airport Ground Support Solutions, Inc., will manage and operate
Clark airport’s existing terminal and its new terminal building
Benefits: The new terminal will be operational by mid-2020. By then, passenger capacity will be tripled,
adding another eight million to the current capacity of 4.2 million. Full airport development which spans
four phases will generate over 80 million passengers annually, making Clark International Airport at par
with the biggest airports not only in the region but in the world. Domestic flights have increased
exponentially by 8,866% from only six flights in 2016 to 538 in 2019. The number of international flights
is expected to double by 2019 from 120 in 2016.
Upon full development, the Clark International Airport will be the nation’s next premier gateway helping
to clear the congestion at the Ninoy Aquino International Airport (NAIA). “This facility will anchor the
rapid development of the other districts of Clark. It is not only a model for rapid implementation of
projects but also a model for effective governance in the modern age.”
SOURCE: BCDA (Bases Conversion and Dev't Authority) April 2, 2019 https://bcda.gov.ph/clark-airport-
schedule-open-mid-2020
-will be the longest bridge in the country which will link Tangub City, Misamis Occidental to Tubod, Lanao
del Norte in Northern Mindanao
-said to finish by 2021
-Funded under the Korean Economic Development Cooperation Agreement, PBB is being built under
Kyong-Ho Engineering and Architect Co. Ltd. who won the bidding under the Philippine Government
procurement program.
-The construction is said to have an estimated cost of Php 4.859 billion. Php 4.272 billion is to be funded
by the Export-Import Bank of Korea-Economic Development Cooperation Fund, while the remaining Php
587 million will be funded by the Philippine National Budget.
-Panguil Bay Bridge Project has a total cost of P7.352 Billion and is funded by the Export Import Bank
(EXIMBank) and Government of the Philippines (GOP). (According to Phil. Information Agency)
-Currently, the longest bridge in the Philippines is the 2.16 km San Juanico Bridge from Samar to Leyte in
Eastern Visayas, constructed in 1969 using Japanese Official Development Assistance (ODA) loans and is
part of the Pan-Philippine Highway.
-Department of Public Works and Highways (DPWH) Secretary Mark Villar stated that the two-lane 3.77
km extradosed-type bridge will shorten the travel time. From the current one hour and a half, the travel
time between the two provinces will soon only take seven minutes.
-This will facilitate the mobility of people, goods and services 24/7, which would result in economic growth
within the surrounding areas.
The ICC-Cabcom chaired by Socioeconomic Planning Secretary Ernesto Pernia has submitted the approved
CPA port project for final approval by the National Economic Development Authority (Neda) Board chaired
by President Rodrigo Duterte.
Pernia described the project as a modern international container port facility needed to sustain Cebu’s
development. It will cost P9.2 billion, which will be sourced through official development assistance as
recommended by the Korean International Cooperation Agency (Koica).
The new Cebu International Container Port project has a total project cost of P10.1 billion (or
approximately $199.25 million), according to the DOF. Of the amount, Export-Import Bank of Korea
(KEXIM) will cover $172.64 million (about P8.8 billion) through the loan assistance, which carries an
interest rate of 0.15 percent per annum for non-consulting services and zero percent for consulting
services. The loan has a maturity period of 40 years inclusive of a 10-year grace period.The Philippines,
for its part, will provide a counterpart fund of $26.09 million (about P1.4 billion or 28.9 billion Korean
Won) for the project.
The port will be built on a 25-hectare reclaimed land in the town of Consolacion, Cebu.
It will include a berthing facility that can simultaneously accommodate two 2,000 TEU (Twenty-foot
Equivalent Unit) vessels; operating facilities and structures for containers, such as a freight station and an
inspection shed; an access road and bridge; and a dredged waterway and turning basin.
The project aims to provide an efficient transport infrastructure for the flow of goods in the Visayas region.
SOURCES: https://www.philstar.com/business/2018/06/06/1821892/cebu-container-port-project-gets-
173-million-south-korea-funding#WrWWG2ykA30twTU5.99 ; Center for Strategic & Int'l Studies