LIMA Infrastructure Inc., a subsidiary of Aboitiz InfraCapital Economic Estates, has been named as the government’s newest investment promotion partner, tasked with driving fresh investments into the country. In a statement, the Philippine Economic Zone Authority (PEZA) announced that it had...
The Department of Public Works and Highways (DPWH) has launched a 24-month feasibility study for the construction and replacement of 25 priority bridges across 11 regions in Luzon, Visayas, and Mindanao. DPWH Secretary Manuel M. Bonoan, through Senior Undersecretary Emil K. Sadain, said the study...
Lopez-led First Gen Corporation has formally reported to the Securities and Exchange Commission (SEC) that it will be unloading 60 percent of its gas businesses to Prime Infrastructure Capital Inc., a company owned by billionaire Enrique Razon, for ₱50 billion through the execution of a term...
The country is grappling with a worsening classroom shortage that could take up to 30 years to address if current funding levels persist, according to the Department of Education (DepEd). DepEd Secretary Sonny Angara on Monday, May 26, highlighted the urgent need for greater investment in the...
The Department of Public Works and Highways (DPWH) on Friday, May 23, announced the opening of the Governor Camins/MCLL Highway and Veterans Avenue Flyover in Zamboanga City, marking the first flyover in the Zamboanga Peninsula region. DPWH Secretary Manuel Bonoan said the P450-million, 437-meter...
The Department of Public Works and Highways (DPWH) and the Department of Budget and Management (DBM) have launched a real-time digital monitoring platform to strengthen transparency and accountability in the implementation of public infrastructure projects. DPWH Secretary Manuel M. Bonoan and DBM...
The World Bank has cited some inroads in the long-delayed Metro Manila flood control project, which is being partly funded by a loan it approved eight years ago. "The progress is moderately satisfactory with 38 pumping station construction sites and solid waste reduction activities," the...
Passenger volume during Holy Week at Ninoy Aquino International Airport (NAIA) recorded double-digit growth this year, as operations across the airport’s terminals remained efficient with an on-time performance (OTP) of more than 80 percent. New NAIA Infra Corp. (NNIC), the private operator of...
Ninoy Aquino International Airport (NAIA) is seeing higher passenger volumes in the first three days of the Holy Week period compared to last year’s figures, as operations at the country’s primary gateway remain efficient. New NAIA Infra Corp. (NNIC), the private operator of NAIA, said...
SMC Infrastructure said it has rolled out preparations for the anticipated surge in vehicular traffic along its expressways, as thousands of Filipinos leave Metro Manila and head to the provinces for the observance of Holy Week. The company said it has put in place traffic management plans for its...
Ninoy Aquino International Airport (NAIA) is stepping up its preparations to ensure efficient operations this Holy Week, with more than one million passengers expected to flock to the country’s main gateway. NAIA is expected to welcome over 1.18 million passengers within the period beginning Palm...
President Marcos and Aboitiz Equity Ventures Chief Executive Officer Sabin Aboitiz The Private Sector Advisory Council (PSAC) is recommending the establishment of a right-of-way (ROW) office under the Office of the President to streamline the land acquisition process—a major cause of delay...
