PH, China ink P3.6-B grant to construct 2 metro bridges » Manila Bulletin News



By Raymund Antonio

China has signed a deal with the Philippines for a P3.6-billion grant that will cover the construction of two bridges in Metro Manila.

This is the first ever infrastructure partnership project under the administration of President Rodrigo Duterte.

(Thomas Peter, Reuters / MANILA BULLETIN)

The two bridges are the Binondo-Intramuros Bridge in Manila and the Estrella-Pantaleon Bridge to be constructed in the cities of Makati and Mandaluyong.

Department of Public Works and Highways Secretary Mark Villar said the grant will cover the design and construction of these bridges.

He noted the DPWH will be “responsible for the acquisition of its road right-of-way.”

In a simple ceremony held at the DPWH main office in Port Area, Manila, Villar signed the Minutes of Discussion with the Embassy of China in the Philippines Economic and Commercial Counsellor Jin Yuan for the full grant that will finance the construction of the bridges.

DPWH Undersecretary for Unified Project Management Office Operations Emil Sadain and Economic and Commercial Counselor Second Secretary Yang Ming witnessed the signing.

China’s grant for the two bridges is part of a deal called the Agreement on Economic and Technical Cooperation, signed by Finance Secretary Carlos Dominguez in Beijing last May.

China has offered a 500-million yuan (P3.6 billion) grant to the Philippines for the construction of these bridges in Metro Manila and another drug rehabilitation center, among others.

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