LATEST NEWS

A major State-run Chinese construction firm has committed more investments in the Philippines, mainly through public-private partnership (PPP), following the state visit of President Ferdinand “Bongbong” Marcos Jr. to China early this month.

A prominent and seasoned banker has formally assumed the position as head of state-owned Development Bank of the Philippines (DBP). Michael O. de Jesus is the new president and chief executive officer of DBP.

SUYO, Ilocos Sur — The municipal mayor of Suyo, Ilocos Sur is seeking the implementation of more infrastructures, particularly road concreting projects, to bring more economic development programs in the depressed areas in his town.

ZURICH, Switzerland — President Ferdinand “Bongbong” Marcos Jr. said his government had placed infrastructure development as the “pinnacle” of its vision for an equitable, prosperous and resilient Philippines by 2040 while recognizing the private sector’s critical role in realizing its goals.

An extension of an interlink expressway project in Central Luzon that connects Subic-Clark-Tarlac Expressway (SCTEX) and Tarlac-Pangasinan-La Union Expressway (TPLEX) in Tarlac will be operational in the first half of 2023, according to the Department of Public Works and Highways (DPWH).

The Department of Public Works and Highways (DPWH) said on Friday, Dec. 9, that it will expedite several road projects in Mindanao which are crucial in the realization of the national government’s rebuilding program for the Islamic City of Marawi five years after the 2017 siege.

The Department of Public Works and Highways (DPWH) announced on Friday, Nov. 25, that it had completed two road connectivity projects for the rural communities in Tarlac City.

Aboitiz Infra Capital, the infrastructure arm of the Aboitiz Group, is investing about P2 billion to expand its economic estates, primarily for its Lima Estate in Lipa and Malvar, Batangas.

A newly-completed revetment wall project in Manapla, Negros Occidental now shields coastal communities and safeguards farmlands from perennial flooding, the Department of Public Works and Highways (DPWH) said on Friday, Nov. 18.

ILOILO CITY—An estimated P1.78 billion is needed to repair various infrastructure damaged by severe tropical storm “Paeng” in Western Visayas.

The most awaited creation of the multi-million-dollar, sea-crossing bridges in Western Visayas (Region 6) will commence in the first quarter of 2023, the Department of Public Works and Highways (DPWH) declared on Friday, Nov. 11.

ZAMBOANGA CITY – Damage to infrastructure and agriculture in this city from severe tropical storm ‘’Paeng’’ was placed at P122 million.

Aboitiz InfraCapital (AIC), the infrastructure arm of the Aboitiz Group, has a mission to undertake strategic development projects like the LIMA Estate, sustainable water distribution, and the Mactan Cebu Airport, that open opportunities for inclusive and sustainable economic growth.

President Ferdinand “Bongbong” Marcos Jr. has expressed his intention to pursue “grander” infrastructure initiatives in the country under his watch.

Super Typhoon “Karding” has dealt P304 million worth of damage to infrastructure as the extent of its destruction becomes clearer nearly a week after it left the country.

The Department of Public Works and Highways (DPWH) has completed the paving of two local roads that are seen to give relief of mobility to far-flung communities in the mountainous town of Carranglan, Nueva Ecija.

ILOILO CITY – Western Visayas has sustained P14.23 million in damage from super typhoon ‘’Karding’’ and the southwest monsoon or ‘’habagat.’’

The Department of Public Works and Highways (DPWH) revealed Friday, Sept. 23, that it has completed a 1.83-kilometer road rehabilitation project in Quirino which will hasten the mobility of goods in the province and contribute to economic development to other neighboring areas in Cagayan Valley (Region 2).