Construction

THE United States Peace Corps, in collaboration with the U.S. Agency for International Development (USAID), hosted its second workshop on Marine Protected Area (MPA) management in Puerto Galera, Oriental Mindoro from Decembr 2-6.  The event brought together 23 Peace Corps Volunteers, 47 local government partners, and 12 fisherfolk leaders from 24 communities across the Philippines to learn new strategies on …

By Jinky Jorgio Recognizing the worsening traffic situation in the metropolis, the idea of living close to work has become more than just a convenience, it’s an economic necessity. Recent data from the TomTom Traffic Index highlighted Metro Manila’s position as one of the most traffic-congested cities globally, with commuters spending an average of 25 minutes and 30 seconds to …

Ayala  Land, Inc. (ALI) has raised P2.78 billion through the sale of 75 million shares in its real estate investment trust  unit, AREIT, Inc. In a regulatory filing, ALI said the shares, priced at ?37 each, represent approximately 2.33 percent of AREIT’s total outstanding shares. The offering was arranged by BPI Capital Corporation and UBS AG Singapore Branch, with demand …

The Philippines and Japan reaffirmed their strong partnership in advancing infrastructure development and exchanging expertise in innovative road and tunnel technologies during the 3rd Workshop on Technical and Business Cooperation for Road Construction and the Operation & Maintenance (O&M) of Road Tunnels and Related Facilities. Department of Public Works and Highways (DPWH) Senior Undersecretary Emil K. Sadain, together with Ministry …

Manila Water signed a power purchase agreement (PPA) with solar power company MSpectrum at Manila Water’s Main Office in Quezon City, early this month in pursuit for a sustainable energy consumption program. The PPA — which involves MSpectrum installing the Phase 2 solar power project of Manila Water at 10 facilities — is part of the water company’s efforts to …

The Department of Public Works and Highways (DPWH) recently built a protective slope structure intended to safeguard the riverside of Barangay Culat in the Municipality of Casiguran, Aurora, from potential flood risks. This P49-million flood control project spans 266.10 linear meters, completed with sheet piles, grouted ripraps, and ramps with concrete pavement. According to a report to DPWH Secretary Manuel …

By Jinky Jorgio Citing their significant role as partners for development,  the Bases Conversion and Development Authority (BCDA) recently commended at least 43 landowners in Pampanga for sharing their property for the implementation of the Subic-Clark-Manila-Batangas (SCMB) railway project. BCDA OIC-Senior Vice President Richard Brian M. Cepe, representing President and CEO Joshua M. Bingcang, distributed 68 Transfer Certificate of Titles …

Megaworld Corporation’s leisure subsidiary Global-Estate Resorts, Inc. (GERI) is investing an initial P5 billion to develop a 117-hectare integrated lifestyle community in the highlands of Cagayan de Oro City. In a joint disclosure to the Philippine Stock Exchange, Megaworld and GERI said the property is located along J.R. Borja Road in the highlands of Barangays Gusa and Indang, overlooking Downtown …

Defense Secretary Gilbert Teodoro Jr. has reiterated the government’s thrust of boosting the country’s defense capabilities by establishing a naval base in Misamis Oriental. Teodoro, who visited the province last week, said the facility to be established in the government’s Phividec Industrial Estate would become the center of Philippine Navy operations in Mindanao. He added that similar naval installations would …

Vietnam’s parliament approved laws on data protection and electricity, as well as a resolution supporting a $67-billion high-speed rail project on Saturday, the last day of its twice-yearly regular session. The railway, Vietnam’s most ambitious infrastructure project, is to run from the capital Hanoi to the southern business hub of Ho Chi Minh City.  The 1,541-kilometer (958-mile) project is expected …