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Uncertainty looms over Davao-Samal Bridge project amid RoW hurdles

The construction of the Samal Island-Davao City Connector (SIDC), also known as the Davao-Samal Bridge project, has faced numerous setbacks due to right-of-way (ROW) acquisition challenges. The project was halted on January 3, 2024, due to issues with landowners near a pier in Lanang at Davao City, leading to delays in the project's implementation. While there have been conflicting statements regarding the project's status, the National Economic and Development Authority-Davao Region (Neda-Davao) aims to complete the detailed engineering plans for the substructure of the west land via dock once the Deed of Transfer Possession in Davao City is released. However, ROW issues continue to persist. Despite these challenges, the project is still considered a priority and is included in the Davao Region Development Plan (DRDP) for 2023–2028. The project is funded through China’s Official Development Assistance with an estimated budget of P23.04 billion, and negotiations with the Philippine government are ongoing with a target completion date in 2027. The uncertainty surrounding the project's timeline remains as ROW hurdles persist, impacting the much-anticipated toll-free four-lane concrete exodus bridge spanning a 3.98-kilometer distance......»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

Training on COA compliance for government institutions

To guide government institutions on their compliance with the Commission on Audit Circular 2020-006, the Center for Global Best Practices will be launching a two-session online training titled “COA Guidelines and Procedures for One-Time Cleansing of Property, Plant and Equipment Account Balances” on April 18 and 19, 2024 from 1:30 to 4:45 p.m. via Zoom......»»

Category: financeSource:  philstarRelated NewsMar 25th, 2024

SEC advises investors: Watch for red flags before investing

SEC advises investors: Watch for red flags before investing.....»»

Category: newsSource:  sunstarRelated NewsFeb 29th, 2024

Wegotmail: PMPI flags potential manipulation of PI in Constitutional Amendment

Wegotmail: PMPI flags potential manipulation of PI in Constitutional Amendment.....»»

Category: newsSource:  sunstarRelated NewsJan 19th, 2024

NHA to build P72.7-M housing project in Zambo City

NHA to build P72.7-M housing project in Zambo City.....»»

Category: newsSource:  sunstarRelated NewsApr 15th, 2024

Lapu-Lapu City signs agreement with private firm for socialized housing project

LAPU-LAPU CITY, Cebu —The Lapu-Lapu City Government has entered into an agreement with a private firm for a socialized housing project in Barangay Calawisan that is scheduled to be realized this year. On Thursday, April 4, Mayor Junard “Ahong” Chan and Johndorf Ventures Corporation President/CEO Richard Lim formally signed a Deed of Donation for the.....»»

Category: newsSource:  inquirerRelated NewsApr 4th, 2024

ADB lends $20 million for affordable housing project

The Asian Development Bank is extending up to $20 million worth of loans to Lhoopa Inc. to bankroll its affordable housing project in the Philippines......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

Fake city hall employee nabbed for ghost housing project

Fake city hall employee nabbed for ghost housing project.....»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

DHSUD, Bacolod City sign pact for second 4PH housing project

DHSUD, Bacolod City sign pact for second 4PH housing project.....»»

Category: newsSource:  sunstarRelated NewsJan 22nd, 2024

Ayala Land unit expands Pampanga housing project

Amaia Land, the affordable housing arm of property giant Ayala Land Inc., has expanded its community in San Fernando, Pampanga as demand continues to grow......»»

Category: financeSource:  philstarRelated NewsApr 18th, 2024

BCDA finalizes deal for New Clark housing

State-run Bases Conversion and Development Authority is looking to finalize the deal for the construction of the first 10,000 units of a housing project in New Clark City......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

MILF cash grant anomaly probed

The Office of the Presidential Adviser on Peace Reconciliation and Unity will investigate allegations of irregularities in the cash assistance given to decommissioned Moro Islamic Liberation Front members......»»

Category: newsSource:  philstarRelated NewsFeb 21st, 2024

P200 million loans released for President Marcos housing program – DHSUD

The Home Development Mutual Fund or Pag-IBIG Fund has released P200 million worth of developmental loans earmarked for housing projects under the Marcos administration’s flagship Pambansang Pabahay Para sa Pilipino (4PH) Program......»»

Category: newsSource:  philstarRelated NewsApr 15th, 2024

NHMFC, Chinabank to boost liquidity in housing finance

The National Home Mortgage Finance Corp. and Chinabank signed an agreement to explore opportunities to increase liquidity in the housing market......»»

Category: financeSource:  philstarRelated NewsApr 14th, 2024

29 housing projects to cut backlog in CL

29 housing projects to cut backlog in CL.....»»

Category: newsSource:  sunstarRelated NewsApr 11th, 2024

Chan: Socialized housing tukuron

Chan: Socialized housing tukuron.....»»

Category: newsSource:  sunstarRelated NewsMar 21st, 2024

Spring housing market heating up, but rising rates pose challenges for buyers

The housing market’s spring selling season is anticipated to be more robust this year as inventory continues to increase, a positive sign for buyers looking.....»»

Category: newsSource:  thedailyguardianRelated NewsMar 8th, 2024

ALI’s affordable housing arm takes lead in smart solutions

Amaia Land, the affordable housing arm of property giant Ayala Land Inc., is taking the lead within the ALI business units in providing innovative residential solutions as it is set to unveil a groundbreaking advancement in modern living......»»

Category: newsSource:  philstarRelated NewsFeb 29th, 2024

Pag-IBIG members urged: Avail of housing, savings loans

Pag-IBIG members urged: Avail of housing, savings loans.....»»

Category: newsSource:  sunstarRelated NewsFeb 29th, 2024

Himamaylan proposes socialized housing collaboration with NHMFC

Himamaylan proposes socialized housing collaboration with NHMFC.....»»

Category: newsSource:  sunstarRelated NewsFeb 16th, 2024