National Economic and Development Authority

A series of transportation projects are in hand for Mindanao in the Philippines. The Philippines' Mindanao Development Authority (MinDA) has said that the Mindanao Development Corridors' major infrastructure component will cost some US$14.02 billion in all. Of the total, some $5.6 billion will be spent on airports, seaports and roads. MinDA intends that these projects will get underway out in the next two years, with work planned for completion in five years. A new bridge has been proposed that will conne

The authorities in the Philippines have given preliminary approval for a series of major PPP projects. One of these five key PPP projects is for the expansion of the Tarlac-Pangasinan-La Union Expressway. The projects still need the approval of the board of the National Economic and Development Authority (NEDA).

In the Philippines the National Economic and Development Authority (NEDA) has authorised 12 public-private partnership (PPP) and other infrastructure projects. However the US$473.5 million North Luzon Expressway-South Luzon Expressway Connector Road project has still to be discussed by NEDA. The board gave its authorisation for the $28.3 million Sen Gil Puyat Avenue-Makati Avenue-Paseo de Roxas vehicles underpass project. The $89.5 million Metro Manila Interchange Construction Project Phase 6 also secured a

A new transport plan is being drawn up in the Philippines in a bid to deal with the country’s frequent traffic delays. The National Economic and Development Authority (NEDA) has commissioned the World Bank to set out a country-wide infrastructure roadmap. This plan is called the 'Philippine Transport Infrastructure Development' by the World Bank is in broadly in line with the Japan International Cooperation Agency (JICA)'s 'Dream Plan' for the country. Both outline sustainable development for Manila by 2030

The project to construct a connecting road between the South Luzon and North Luzon expressways in the Philippines now looks set to be delayed. The US$409 million contract previously awarded to a joint venture comprising Philippine National Construction Corp (PNCC) and Metro Pacific Investments Corp (MPIC), has been withdrawn for unspecified reasons. The country’s Department of Public Works and Highways says that the contract has been returned to the National Economic and Development Authority (NEDA) for new

Research from business intelligence specialist Timetric suggests that the market for infrastructure construction is growing fast in the Philippine. Timetric’s data shows that infrastructure accounted for 37.3% of the country’s construction sector and was worth US$9.6 billion in 2012. The market grew at a Compound Annual Growth Rate (CAGR) of 12.12% and is expected to reach a CAGR of 8.19% by 2017, having been boosted by the need to repair flood damage that occurred in 2012. The country’s construction ind

The Philippines Government appointed National Economic and Development Authority (NEDA) Investment Coordination Committee-Cabinet Committee (ICC-CabCom) has approved the Cavite-Laguna Expressway (CALAX) project.