Construction

The  Court of Appeals (CA) has ordered the Department of Agrarian Reform (DAR) and Land Bank of the Philippines (Landbank) to pay Hacienda Luisita P28.888 billion pesos as additional compensation for land use. “WHEREFORE, premises considered, the Petition for Review is GRANTED. The Decision dated 15 February 2023 and Resolution dated 11 August 2023 of the Regional Trial, acting as …

The United States Army soldiers teamed up with members of the Armed Forces of the Philippines (AFP) and the Philippine Coast Guard (PCG) to support the Department of Education’s (DepEd) Brigada Eskwela in Rizal, Palawan, rolling up their sleeves to renovate and prepare classrooms for the new academic year.  “Our military service members are honored to join their AFP and …

The Department of Environment and Natural Resources, which previously said it was opening 1.2 million hectares of government land for private investments, is nearing the launch of this new iteration of their reforestation program. Agriculture and timber companies are among those which can soon develop barren public lands in want of reforestation. “The sectors that are invited there are agriculture …

The Bases Conversion and Development Authority (BCDA), the Department of Public Works and Highways (DPWH), the North Luzon Expressway Corporation of Metro Pacific Corporation, and the local government of Hermosa, Bataan have recently partnered to construct a P495.35-million road interchange. The new interchange will connect the municipality of Hermosa in Bataan to the 94-kilometer Subic-Clark-Tarlac Expressway (SCTEX), supporting the growth …

The Department of Public Works and Highways through the Unified Project Management Office has formalized a strategic partnership with the Asian Development Bank and the Development Academy of the Philippines to implement the Leadership Excellence for Advanced Development (LEAD) Program. This initiative aims to cultivate a new generation of values-driven, competent leaders within the DPWH who are equipped with advanced …

Property giant Megaworld Corp. is spending P2.5 billion to redevelop its first township development. Megaworld said it has started the makeover of the 18.5-hectare Eastwood City in Quezon City. The redevelopment will include the reinvention of the township’s commercial areas as well as select residential and office developments that have been in place for many years. Launched in 1997, Eastwood …

The Light Rail Transit Authority needs  an additional P7-billion more to construct the LRT-2 West Extension Project. When late president Benigno Aquino III approved it in 2015, the project was pegged at only P10.12 billion. LRTA had planned on procuring the contractor for civil works in January 2020, but the government had to push this back to prioritize pandemic response. …

The Department of Public Works and Highways is set to commence the feasibility study for the Urgent Bridges Construction Project for Rural Development (UBCPRD) Phase II — a major initiative designed to enhance inter-regional connectivity and promote inclusive economic growth across the Philippines. The feasibility study, which will be led by DPWH Secretary Manuel Bonoan and Senior Undersecretary Emil Sadain,  …

The Home Development Mutual Fund, or Pag-IBIG Fund, said it hopes to partner with more housing developers this year to broaden the availability of housing units and meet its target of extending P156.86 billion in housing loans in 2025. “We intend to tap new developers, those who are not yet accredited. There are thousands of development projects around the country,” …

Two South Korean companies have expressed interest to partner with the Bases Conversion and Development Authority (BCDA) for infrastructure and smart city development projects in New Clark City in Tarlac and Poro Point in La Union. In a statement released last week, the state-run firm said BCDA president and CEO Joshua Bingcang and officer-in-charge senior vice president Mark Torres met …