Korea to finance bridge connecting 3 Visayan islands

The Korean government has agreed to help finance the construction of the 32-kilometer Panay-Guimaras-Negros bridge project, which is expected to be the longest in the country, according to the Ministry of Public Works and Highways. Under Secretary of Public Works Emil Sadain said the Korean government has committed an official development assistance loan to the Philippines through the KEXIM Bank’s Economic Development Cooperation Fund to finance the detailed engineering design. of the huge bridge project. The loan will be formalized with the signing ceremony scheduled for next month. The proposed island bridges, connecting Panay Island, Guimaras Island and Negros Island, would have two components. These are the 13 kilometers of Panay-Guimaras or Section A which will have a length of bridge crossing the sea of ​​4.97 kilometers; and Guimaras-Negros or section B or with a total length of 19.47 kilometers, including the length of the sea bridge of 13.11 kilometers. The additional feasibility study report and the provision of engineering services for the project were approved by the Investment Coordination Committee of the Council of the National Economy and Development Authority in August 2021. Sadain said that the bridge is a large and complex project that requires comprehensive and high quality engineering. The work carried out by consultants who have extensive experience in long span bridges will help DPWH to prepare for construction efficiently and quickly. Despite the challenges posed by the pandemic, flagship Korean government-funded infrastructure projects in the Philippines are making steady progress. KEXIM Bank is supporting civil works on integrated disaster risk reduction and climate change adaptation measures in low-lying areas of Pampanga in order to build resilience to disasters; Samar Pacific Coastal Highway Project connecting Pacific towns north and east of Samar and strengthening the agricultural and fishing industry in the Eastern Visayas; and the Panguil Bay Bridge connecting Tangub, Misamis Occidental and Tubod, Lanao Del Norte.

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