China to Finance the Construction of Two Pasig River Bridges in Metro Manila

The government of China and the government of the Philippines signed the Minutes of Discussion (MOD) for the full grant on Wednesday. Department of Public Works and Highways (DPWH) Secretary Mark Villar represented the Philippines while the Embassy of China in the Philippines Economic and Commercial Counsellor Jin Yuan signed the MOD in behalf of China.

The two Pasig River Bridges in Metro Manila will be financed by the government of China through a full grant.

China will finance the construction of the Binondo-Intramuros Bridge in Manila and the Estrella-Pantaleon Bridge connecting Makati and Mandaluyong after the DPWH and the government of China signed the MOD.

According to the documents signed by both the Philippines and China, the Chinese grant will cover the design and construction of the two bridges, while the DPWH will acquire the right-of-way for the two projects, Villar said in a statement.

Although the DPWH has yet to release projected costs of the two Pasig River Bridges, which are expected to be landmarks of the cities, the Department of Finance puts the Chinese grants at around $75 million.

The Duterte administration will finalize the detailed engineering plans for the two bridges, after which construction can begin by the last quarter of 2017, said the DPWH in an interview with CNN Philippines.

The DPWH also added that the construction of the two bridges could take up to two years which will definitely be finish before the term of Pres. Rody Duterte.

Before the signing of the MOD between the Philippines and China, a Chinese team had been dispatched to provide recommendations and technical assistance for the project's preparation, initiation, and implementation.

Based upon the initial project design of the bridge project, the 807-meter Binondo-Intramuros Bridge will be a four-lane, steel bowstring arch bridge connecting Solana St. and Riverside Drive in Intramuros and San Fernando St. in Binondo with a viaduct.

Meanwhile the 560-meter Estrella-Pantaleon Bridge, will be four-lane twin spine steel box girdier bridge with a concrete deck slab. It will utilize existing structures in Makati and Mandaluyong, which will be modified to create a new superstructure.

Aside from the two structures in Metro Manila, two other proposed big-ticket projects -- the Panay-Guimaras-Negros Link Bridges and Davao City Expressway -- will receive a grant from the Chinese government for feasibility studies.

The Philippine government under the Duterte administration targets spending $8-9 trillion on infrastructure projects from 2017-2022 which are in line with the government's "Build Build Build" initiative to accelerate the development of infrastructure in the Philippines.

Source: CNN Philippines

China to Finance the Construction of Two Pasig River Bridges in Metro Manila China to Finance the Construction of Two Pasig River Bridges in Metro Manila Reviewed by Phil Newsome on 6/23/2017 Rating: 5

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