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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

Clark looks lifeless

Compared to the bustling areas around Clark from Mabalacat to Angeles City, Clark seems rather dead. Yet, Clark Development Corp. reports investments worth P44.4 billion in the first quarter of this year. Baka promised investments lang, yet to see the light of day......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

BCDA sets transfer of PAF facilities to New Clark City

The Bases Conversion and Development Authority is moving forward with the P4.24 billion project to transfer the Philippine Air Force housing facilities from the Air Force City in Clark Freeport Zone to an 85-hectare property in New Clark City......»»

Category: newsSource:  philstarRelated NewsJan 30th, 2024

Megawide confirms route expansion for PITX bus terminal

Megawide confirmed a report that its subsidiary, Parañaque Integrated Terminal Exchange (PITX), is planning to add six bus routes to its 100-route network......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024

Clark also being eyed as mega food complex

The Department of Trade and Industry and the Department of Agriculture have partnered with Clark International Airport to collaborate in the development of a mega food hub in Clark City......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

Sy family invests P5 billion in Megawide affiliate

The Sy family is once again playing a big brother role to a company led by businessman Edgar Saavedra, this time investing in Megawide’s affiliate renewable energy real estate investment trust......»»

Category: financeSource:  philstarRelated NewsMar 28th, 2024

Holcim, Megawide renew cement supply agreement

Holcim Philippines Inc. has renewed its supply agreement to provide the cement requirements of Megawide Construction Corp......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

Sunlight Air to move operations to Clark International Airport

Starting April 1, boutique airline Sunlight Air will mainly operate in its new home, Clark International Airport (CRK)......»»

Category: financeSource:  philstarRelated NewsFeb 16th, 2024

NEWS BRIEFS | Misamis Oriental Updates, 31 January 2024

P12.75 billion ok’d for Laguindingan airport expansion The National Economic Development Authority (NEDA) said it approved the expansion of Laguindingan Airport in Misamis Oriental, which has become the most overcrowded airport in the region. NEDA Secretary Arsenio Balisacan approved the “parameters, terms, and conditions of the upgrade of the airport,” Mindanao’s second busiest airport. The […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 4th, 2024

2.9 kilos of shabu seized at Clark airport

Security screening officers from the Office for Transportation Security at the Clark International Airport intercepted 2.9 kilos of shabu on Sunday......»»

Category: newsSource:  philstarRelated NewsJan 17th, 2024

Clark International Airport feted at Routes Asia 2024

Clark International Airport bagged an award at the Routes Asia 2024 held in Langkawi, Malaysia this week......»»

Category: financeSource:  philstarRelated NewsMar 2nd, 2024

Clark Int l Airport receives Routes Asia 2024 Awards

Clark Int l Airport receives Routes Asia 2024 Awards.....»»

Category: newsSource:  sunstarRelated NewsFeb 29th, 2024

Clark airport to connect with NLEX, SCTEX

Travelers who want to fly through the Clark International Airport will enjoy direct access to the gateway once the government completes its road link to expressways by 2026......»»

Category: financeSource:  philstarRelated NewsJan 17th, 2024

Clark airport exceeds 2023 passenger target

Clark International Airport, the alternative gateway to Metro Manila, breached its passenger target in 2023 amid the recovery of global air travel......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

CDC eyes opening of ‘Nayon sa Clark’

CDC eyes opening of ‘Nayon sa Clark’.....»»

Category: newsSource:  sunstarRelated NewsJan 18th, 2024

Deadline extended for submission of New Clark City bid documents

State-run Bases Conversion and Development Authority is extending the deadline for the submission of eligibility requirements for the commercialization of the passive information and communications technology infrastructure in New Clark City.   .....»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

Marcos Jr. : New Clark City access road a ‘red carpet’

The government will build more world-class infrastructure in other growth areas in the country to maximize their potential and attract investments, President Marcos pledged on Wednesday as he led the inspection of the 19.81-kilometer Airport to New Clark City Access Road in Mabalacat, Pampanga.?.....»»

Category: newsSource:  philstarRelated NewsFeb 21st, 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

Clark Water spending P5.6 billion for freeport service upgrade

Clark Water Corp., a subsidiary of Manila Water Philippine Ventures, is spending P5.56 billion to improve its services in the Clark Freeport Zone......»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 2024

Yokohama investing P3.5 billion to expand Clark tire plant

Japanese company Yokohama Rubber Co. Ltd. is set to spend P3.5 billion for the expansion of its tire plant in Clark, according to the Clark Development Corp......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024