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DBM raises budget for right-of-way

DBM raises budget for right-of-way

MANILA, Philippines — The Department of Budget and Management (DBM) raised the government’s proposed budget for right-of-way (ROW) acquisitions in 2019 to help facilitate the implementation of projects. In a statement, the DBM said it had allocated P56.3 billion under the proposed 2019 budget for the ROW acquisition of the government’s infrastructure related agencies. This... continue reading

DOF upbeat on new infrastructure-tied investments flowing in from UK

DOF upbeat on new infrastructure-tied investments flowing in from UK

PHILIPPINE government officials are upbeat about fresh investments coming from the United Kingdom (UK), to support the country’s infrastructure buildup program or the “Build, Build, Build” (BBB), according to the Department of Finance (DOF). During the Philippine Economic Briefing (PEB) in London, Finance Secretary Carlos G. Dominguez III expressed confidence that the economic partnership with... continue reading

PCCI lists Bulacan as next top investment destination

PCCI lists Bulacan as next top investment destination

Move over, Metro Manila. The country’s largest business group now views Bulacan as the next top investment destination with three major infrastructure projects set to be completed in the province over the next five years. In a news statement issued on Monday, the Philippine Chamber of Commerce and Industry (PCCI) branded Bulacan as the next... continue reading

LRT-1 ridership reaches 14-M in August

LRT-1 ridership reaches 14-M in August

MANILA — Over 14 million people rode the Light Rail Transit Line 1 (LRT-1) last August, its highest ridership in a single month to date, according to its operator Light Rail Manila Corporation (LRMC). Passenger volume was recorded at 14.6 million passengers which has higher by 8 percent to 13.45 million passengers for the same... continue reading

LRT-1 posts record monthly ridership

LRT-1 posts record monthly ridership

Following its programmed improvements of the tracks, trains and the 20 stations of Metro Manila’s oldest railway, private operator Light Rail Manila Corporation (LRMC) disclosed today that it has posted a record monthly ridership last August with 14.6 million passengers, the highest since the LRMC assumed operations of LRT-1 in 2015. Passenger volume grew 8... continue reading

Shorter travel time in 2022

Shorter travel time in 2022

It will not be long from now — in only four years — when traveling by land will be a delight because traffic will flow smoothly not only within Metro Manila but around Luzon. By then, 80-percent of the infrastructure projects of the administration’s “Build! Build! Build! program will be completed. That piece of news... continue reading

NAIA Consortium gets original proponent status

NAIA Consortium gets original proponent status

By Myla Iglesias September 14, 2018 The NAIA Consortium, composed of seven conglomerates, yesterday said it has formally received an original proponent status (OPS) for its proposal to rehabilitate, expand and operate the congested Ninoy Aquino International Airport (NAIA) for P102 billion. “We are very grateful to the Department of Transportation (DOTr) and the Manila... continue reading

DoTr now moving forward with Cebu, QC BRT after review

DoTr now moving forward with Cebu, QC BRT after review

THE Department of Transportation (DoTr) said it is going ahead with the bus rapid transit (BRT) plans for Cebu City and Metro Manila’s Quezon Avenue, but added that a line serving the capital’s main bypass road, Epifanio de los Santos Avenue (EDSA) line, will face delays after its original funder backed out of the project.... continue reading

Clark airport contracts awarded by November — BCDA

Clark airport contracts awarded by November — BCDA

MANILA, Philippines — State-owned Bases Conversion and Development Authority (BCDA) expects to award contracts for the power and water distribution requirements in New Clark City, as well as operations and maintenance (O&M) of the Clark International Airport before the year ends after auctions for both projects have been hit with delays. BCDA president and chief... continue reading

DoTr to review revised concession contract for Bulacan airport

DoTr to review revised concession contract for Bulacan airport

THE government has received from Bulacan airport proponent San Miguel Holdings Corp. (SMHC) the revised contract for the project on Monday, which contained altered provisions to accommodate requests from the Department of Transportation (DoTr), it said on Tuesday. Transportation Undersecretary for Planning Ruben S. Reinoso, Jr. said in an economic briefing the new concession terms... continue reading