Duterte Admin Eyes China's Aid to Build Luzon-Visayas-Mindanao Bridge & Railway Project

The administration of Pres. Rody Duterte is eyeing help from China or the Chinese government in building bridges and a railway system that will connect the country's three main island of Luzon, Visayas and Mindanao.


According to House Speaker Pantaleon Alvarez in an interview with local radio station DZMM, he revealed that he already discussed possible fund sources with Chinese Premiere Li Keqiang in a bilateral talk during the recent ASEAN Summit.

Speaker Alvarez was quoted as saying "The longest bridge sa mundo ay ginawa ng China -- that is connecting Macau and Hong Kong, that is about 55 kilometers at nagawa nila 'yan in 4 years," Speaker Alvarez said on Wednesday.

The Speaker of the Lower House of Congress also said that he has proposed that the administration build two bridges: one connecting Matnog, Bicol and Allen, Samar; and another connecting San Ricardo, Southern Leyte and Surigao City.



Rep. Alvarez also noted that the railway project could be put alongside or in between the two lanes of these two bridges. The bridges are expected to boost inter-island trade, the congressman added.

The veteran lawmaker noted further that funds could be sourced from loans, especially now that the Philippine government has been offered loans with very low interest rates as a result of its foreign policy.

The House Speaker said "Dahil maganda yung nagiging foreign policy ng Pangulo, nabibigyan tayo ng napakababang interest rate. Halimbawa sa Japan, 0.01% po ang interest ng long-term loan," he said.

"Ang China naman, medyo humahabol din. Gumagawa sila ng mas magandang package.... 'Yun ay pinag-uusapan na ngayon between China and mga representatives ng ating bansa," he added.

Watch the Construction of Macau-Hong Kong Bridge Project:



Source: PNA

Duterte Admin Eyes China's Aid to Build Luzon-Visayas-Mindanao Bridge & Railway Project Duterte Admin Eyes China's Aid to Build Luzon-Visayas-Mindanao Bridge & Railway Project Reviewed by Phil Newsome on December 14, 2017 Rating: 5
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