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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 program for new PPP law

The Center for Global Best Practices will host a pioneering training program, “Understanding the Changes and their Effects: The New PPP Code of the Philippines,” on Jan. 25, from 1 p.m. to 5 p.m. at the EDSA Shangri-La Hotel, Mandaluyong City......»»

Category: newsSource:  philstarRelated NewsJan 13th, 2024

Himachal Pradesh CM Sukhu inaugurates 22 new branches of HPSCB; launches two new schemes

Shimla (Himachal Pradesh) [India], March 6 (ANI): Chief Minister Sukhvinder Singh Sukhu virtually inaugurated 22 new branches of the Himachal Pradesh State Cooperative Bank (HPSCB) on Wednesday. According to an official release from the Chief Minister's Office (CMO), "CM Sukhu launched two new schemes, the 'One-Time Resolution Scheme' and a Loan Scheme for developing high-density apple orchards."The Chief Minister also la.....»»

Category: sportsSource:  abscbnRelated NewsMar 6th, 2024

PPP Code IRR out; 20 projects up for approval

Around 20 solicited projects that are part of the government’s infrastructure flagship program are expected to be submitted to the National Economic and Development Authority Investment Coordination Committee for approval this year, the Public-Private Partnership Center said, following the signing of the implementing rules and regulations of the PPP Code......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

15 PPP projects up for approval this year

Around 15 public-private partnership projects are expected to be submitted to the National Economic and Development Authority Board for approval this year, according to the PPP Center......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

BI bares new mail-order bride scheme

There is a new mail-order bride scheme that involves Chinese men using genuine government documents, the Bureau of Immigration reported yesterday......»»

Category: newsSource:  philstarRelated NewsFeb 15th, 2024

Mandaue council oks new traffic scheme

Mandaue council oks new traffic scheme.....»»

Category: newsSource:  sunstarRelated NewsJan 24th, 2024

NAPOCOR seeks approval of higher subsidized rates

The National Power Corp. is seeking the approval of the Energy Regulatory Commission for an increase in the rates to be paid by consumers in off-grid areas in the country......»»

Category: financeSource:  philstarRelated NewsJan 30th, 2024

SSS savings scheme hits P80 billion

The savings scheme of state-run pension fund Social Security System has collected P80 billion from six million members who are looking for additional investment channels......»»

Category: financeSource:  philstarRelated NewsFeb 2nd, 2024

Sinulog 2024 grand parade traffic scheme

CEBU CITY, Philippines — The Sinulog grand ritual showdown is around the corner, and the preparation for the traffic scheme on Sinulog day is in full swing. The Cebu City Transportation Office (CCTO) will be opening F. Vestil St. as a one-way traffic to enter the entrance of the South Road Properties (SRP). READ: LIST:.....»»

Category: newsSource:  inquirerRelated NewsJan 18th, 2024

MMDA suspends number coding scheme on March 28, 29

The Metropolitan Manila Development Authority will be temporarily lifting its number coding scheme on March 28 (Maundy Thursday) and March 29 (Good Friday), which were earlier declared as regular holidays......»»

Category: newsSource:  philstarRelated NewsMar 25th, 2024

Zamboanga City sets ‘pick-and-go’ traffic scheme dry run

Zamboanga City sets ‘pick-and-go’ traffic scheme dry run.....»»

Category: newsSource:  sunstarRelated NewsMar 17th, 2024

Who is Atty. Kent Francesco Jongoy, the newly endorsed CBRT project manager?

CEBU CITY, Philippines — Cebu City Mayor Michael Rama has recently endorsed a new project manager for the Cebu Bus Rapid Transit (CBRT) project. Meet incoming CBRT project manager Lawyer Kent Francesco Jongoy, the assistant head of the Cebu City Transportation Office (CCTO), the head of its Public Mass Transportation Division, and its legal officer......»»

Category: newsSource:  inquirerRelated NewsMar 7th, 2024

CLLEx right-of-way row resolved; project to resume Q2 — Zambales guv

The Central Luzon Link Expressway, which has faced long delays due to right-of-way claims, got a new lease in life after a dialogue between project officials and landowners affected by the project resolved problems besetting the government project......»»

Category: financeSource:  philstarRelated NewsMar 31st, 2024

NEDA welcomes award of NAIA PPP

The award of the contract for the P170.6-billion project to rehabilitate the Ninoy Aquino International Airport highlights the emphasis of the Marcos administration in providing world-class air transportation infrastructure to achieve the government’s economic transformation agenda, according to the National Economic and Development Authority......»»

Category: financeSource:  philstarRelated NewsFeb 17th, 2024

Bataan-Cavite bridge O& M eyed for PPP

The government is looking at the operations and maintenance (O&M) of the Bataan-Cavite Interlink Bridge as a potential public-private partnership project......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

Alternergy reallocates IPO proceeds to Tanay and Alabat projects

Alternergy, the renewable energy generation company founded by Vince Pérez (former DoE Secretary), announced that its board of directors reallocated P65 million of the IPO proceeds that were originally scheduled for the Solana Solar Project, Ibulao Mini Hydro Project, Cavite Offshore Wind Project, Tablas Strait Offshore Wind Project, and the operationalization of Green Energy Supply Solutions Inc......»»

Category: financeSource:  philstarRelated NewsMar 26th, 2024

300M Coliseum Project is set to be constructed at the CatSU Compound

Catanduanes State University’s leadership joyfully announces the initiation of a 300 million project aimed at constructing a coliseum on a one-hectare plot within the campus. In a statement by President Patrick Azanza, he indicated that the initial phase, valued at 100 million, is slated to commence this year, with the entire project anticipated to conclude […] The post 300M Coliseum Project is set to be constructed at the CatSU Compound appeared first on Bicol Peryodiko......»»

Category: newsSource:  inquirerRelated NewsJan 11th, 2024

New wage rates for workers in BARMM set

A regional cross-section wage board and the Bangsamoro labor ministry are now finalizing a new pay scheme for workers in the autonomous region for enforcement by February......»»

Category: newsSource:  philstarRelated NewsJan 26th, 2024

Recto backs MUP pension for new entrants only

Finance Secretary Ralph Recto is pushing for changes in the pension scheme of military and uniformed personnel (MUP), but only for new entrants, in yet another deviation from his predecessor......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024