China Grants $60 Million for the Development of Davao River Bridge
China government has confirmed that they will grant 60 million US dollars for the development of the Philippine Davao River Bridge project.
The Chinese Embassy in Manila earlier announced that they have signed an agreement with the Department of Public Works and Highways (DPWH), in which the Chinese Government will grant approximately $60 million for the Philippines’ Davao River Bridge Project.
Apart from the Binondo-Intramuros Bridge and the Estrella-Pantaleon Bridge Projects, the Davao River Bridge Project is the third bridge project granted by the Chinese government to the Philippines.
The Davao River Bridge is considered an important component of Davao City’s high-standard highway network. This two-way four-lane bridge will be 477 meters long with a total route’s length of 1,340 meters.
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According to the Chinese Embassy Manila, the project will adopt the localized implementation mode, which means the Philippine side will be in charge of technical works and project management during the entire process.
The total implementation period is around 30 months, including the design and construction phases. Once completed, the bridge will be able to accommodate more than 15,000 vehicles per day and significantly ease the traffic congestion in Davao City.
Davao City Mayor Sara Duterte previously said the Chinese government will take part in the PHP1.5-billion Davao River Bridge project. The city Mayor also clarified during an interview that the financial support from the Chinese government is not a loan.
“It is not a loan, it is a grant — a gift to Davao City,” she said.
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