Asian Development Bank (ADB) has signed an agreement with the Philippine government to co-finance the construction of three bridges to help address the increasing traffic problem in Metro Manila.
A loan of $175m from ABD will be utilised only for financing the Metro Manila Bridges Project.
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The country’s Department of Public Works and Highways (DPWH) secretary Roger G. Mercado said: “A loan agreement with ADB is an exciting assurance of the construction of three (3) new climate and disaster resilient bridges as well as added training program to strengthen DPWH institutional capacity in bridge operation and maintenance.”
The Metro Manila Bridges Project involves construction of three bridges to boost efficiency of road travel while crossing the Marikina River.
It forms a part of the total Metro Manila Logistics Network with a total of 12 bridges over Pasig River, Marikina River, and the Manggahan Floodway.
The three bridges are the Marcos Highway-Saint Mary Bridge with a total length of 1,582.6m; Homeowners Drive-A. Bonifacio Ave. Bridge with a total length of 691m; and Kabayani-Matandang Balara Bridge with a total length of 723.2m.
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By GlobalDataThree of the bridges in the Metro Manila Logistics Improvement were completed with one due for opening on 5 April, two in the procurement stage, and three under financing negotiation.
ADB is involved in DPWH’s other flagship infrastructure projects through technical and financial assistance. These include Bataan – Cavite Interlink Bridge, Laguna Lakeshore Road Network Project, and Mindanao Sector Improvement Project.
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Image: Design of Marcos Highway – St. Mary Avenue Bridge. Credit: Department of Public Works and Highways/ Government of Philippines.
