Construction

The Philippine Amusement and Gaming Corporation (PAGCOR) and San Miguel Corporation (SMC)  broke ground for the state gaming firm’s new corporate office building at the Bagong Nayong Pilipino complex in Pasay City. PAGCOR Chairman and CEO Alejandro Tengco said the PAGCOR Corporate Center — valued at P2.45 billion —  will be fully financed and constructed by SMC at no cost …

By Jinky Jorgio The Philippines has secured an official development assistance (ODA) loan  from the Republic of Korea, through the Export-Import Bank of Korea (KEXIM), for the Laguna Lakeshore Road Network (LLRN) Project Phase 1 Stage 1. The Department of Public Works and Highways (DPWH) said the loan, valued at USD905.26 million, will support civil works implementation by the DPWH of …

The Department of Transportation (DOTr) is looking into the construction of an underground rail line in Cebu province to help address vehicular traffic. In an interview over a government-owned radio system, DOTr Undersecretary for Planning and Project Development Timothy John Batan said such a project was first discussed with Cebu Governor Gwendolyn Garcia in 2024. It was conceived as part …

The Philippine Ports Authority (PPA) is allocating P2.11 billion to improve Jose Panganiban port in Camarines Norte and  make it suitable for servicing the offshore wind industry. The port regulator is inviting interested parties to submit bids for the port improvement project on or before Feb. 4, it said in a bid notice. According to the PPA, the winning bidder …

The Asian Development Bank (ADB) and Ayala Corp. (AC) have inked a $100-million financing deal to procure and install electric vehicle charging stations (EVCS) and to acquire electric vehicles (EVs) for commercial distribution. Under the agreement, ADB’s financing will be used to develop an EVCS network in the Philippines and to procure electric vehicles from leading manufacturers, which will then …

The Department of Transportation (DoTr) is set to commission a feasibility study for the Surigao Airport development project for P56.53 million. In DoTr’s procurement plan, P56.53 million has been allocated to hire consultants to develop the feasibility study and master plan; the environmental impact assessment study; and the detailed engineering design for the New Surigao Airport. It said an auction …

The Department of Public Works and Highways (DPWH) has completed another segment of the Cantilan-Madrid Bypass Road Project to provide a vital alternate route and ease traffic congestion along the Surigao-Davao Coastal Road (SDCR) in the municipality of Cantilan, Surigao del Sur. DPWH Secretary Manuel M. Bonoan, citing a report from DPWH Region XIII OIC-Director Alex B. Ramos, said that …

The Department of Public Works and Highways (DPWH)    has completed more segments of the ongoing Junction Nato-Sabang Coastal Road Project, extending the picturesque coastal road in the municipalities of San Jose and Sagñay, Camarines Sur. DPWH Secretary Manuel M. Bonoan cited  a report from DPWH Region 5 Director Virgilio C. Eduarte, who said that six  parts of the coastal road …

Maynilad Water Services Inc. is again pouring in massive investments this year as it pipelines more than P30 billion for capital expenditures. “For this year, we’re looking at anywhere from P30 billion to above P30 billion,” Maynilad president and CEO Ramoncito Fernandez said. He noted the budget would be used primarily for the company’s water and wastewater projects as well …

Brown Company Inc., the holding company of businessman Walter Brown, has approved a joint venture agreement (JVA) with the Provincial Government of Misamis Oriental for a P2.5 billion redevelopment of the provincial capitol compound. The Misamis Oriental Capitol Compound Development Project will transform part of the compound into a mixed-use complex, featuring office spaces, a commercial center, a high-rise multipurpose …