Construction

Movement of vehicles along Quezon Avenue – east bound will significantly improve with the opening of two additional vehicular lanes on top of a completed P87.69 million flood control structure. 

President Rodrigo Duterte appointed recently Pocholo Joselito D. Paragas as General Manager (GM) and Chief Operating Officer (COO) of the Tourism Infrastructure and Enterprise Zone Authority (Tieza). 

The Philippine Competition Commission (PCC) has approved recently the acquisition by SM Investments Corporation (SMIC) of shares in Philippines Urban Living Solutions Inc. (PULS). 

The Mactan Cebu International Airport (MCIA) receives a new recognition from an international organization that organizes and operates world-renowned airline and airport networking events. 

By Daryl Rose Virtudazo  With the country’s robust economic growth and the infrastructure golden age era pronouncement of the administration, Thai firm Siam Cement Group (SCG) is optimistic in its business operations in the Philippines. 

The completion of the P159-million road and bridge project connecting Cadawinonan in Dumaguete City to Magatas in the next town of Sibulan will be further delayed if lot and home owners opposed to the project will stand their ground and refuse to vacate their places. 

The National Economic and Development Authority (Neda) Investment Coordination Committee–Cabinet Committee (ICC-CC) has approved the scope revisions of two transport projects, change in financing mode of one irrigation project, and one water supply project. It also endorsed the approval of a new cost threshold for projects for ICC review and approval. 

The House committee on public works and highways has created a technical working group (TWG) that will consolidate several bills seeking to institutionalize and strengthen the Public-Private Partnership (PPP) program.

The Securities and Exchange Commission (SEC) expects this year more companies engaged in infrastructure developments to issue project bonds to fund expansion, boosting the coun­try’s focus on improving infrastructure.

The Construction Industry Au­thority of the Philippines (Ciap), in collaboration with the DTI Regional Operations Group (DTI-ROG), will open its 8th service window in the DTI Re­gional Office (RO) located in Palo, Leyte to serve the Eastern Visayas region.