5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
No Result
View All Result
Home Stock

Samal-Davao connector project on track for completion by 2028

by
January 29, 2025
in Stock
0
Samal-Davao connector project on track for completion by 2028
PH.CHINA-EMBASSY.ORG

THE Department of Public Works and Highways (DPWH) said it is on track to complete the P23.52-billion Samal Island-Davao City connector project by 2028, with the current completion rate reported at nearly 12%.

In a statement, the DPWH said the 4.76-kilometer connector is expected to be complete by September 2028.

According to the DPWH, the contractor — China Road and Bridges Corp., with Pertconsult International as consultant — are undertaking measures to minimize environmental impact.

“Environmental precautions are also a priority to mitigate any adverse impacts on the surrounding areas, with careful handling of equipment and materials,” DPWH said.

The Samal Island-Davao City connector project features a four-lane extradosed bridge spanning 4.01 kilometers.

The project cost of P23.52 billion, funded with Chinese official development assistance.

Public Works Undersecretary Emil K. Sadain said the project is considered a priority.

Currently, land acquisition for the project is at 71% and is on schedule. The remaining lots are being processed and expropriation is underway.

“Once completed by 2028, the bridge is expected to significantly improve access to Davao City and Samal Island, driving growth in tourism and economic activity across the region,” Mr. Sadain said. — Ashley Erika O. Jose

Previous Post

Tobacco exports decline 14.2% in 2024

Next Post

Mining permit process to be streamlined — DENR

Next Post
Mining permit process to be streamlined — DENR

Mining permit process to be streamlined — DENR

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.







    Fill Out & Get More Relevant News





    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.
    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recommended

    PHL suspends classes, gov’t work; 2 low-pressure areas being watched

    PHL suspends classes, gov’t work; 2 low-pressure areas being watched

    July 21, 2025
    Philippines and US agree to bolster deterrence in disputed South China Sea

    Philippines and US agree to bolster deterrence in disputed South China Sea

    July 21, 2025
    Philippines needs 7,000 classrooms yearly to address backlog, says PIDS

    Philippines needs 7,000 classrooms yearly to address backlog, says PIDS

    July 21, 2025
    Marcos unlikely to tackle Trump’s policy vs illegal immigrants in US visit — envoy

    Marcos unlikely to tackle Trump’s policy vs illegal immigrants in US visit — envoy

    July 21, 2025

    Disclaimer: 5GInvestmentNews.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 5GInvestmentNews. All Rights Reserved.

    No Result
    View All Result
    • Home
    • Privacy Policy
    • suspicious engagement
    • Terms & Conditions
    • Thank you

    © 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.