The Philippine government is targeting to secure a new grant from the Chinese government to finance a P6.955-billion proposed bridge project connecting Panglao Island and mainland Tagbilaran City in Bohol Province, the Department of Public Works and Highways (DPWH) said Saturday.
“We are looking forward to the approval of official development assistance through a grant from China for the proposed Panglao-Tagbilaran City Offshore Bridge Connector Project”, said Public Works Undersecretary for Unified Project Management Office Operations Emil Sadain.
As early as 2020, the agency said the P6.955-billion project was confirmed by the DOF to be under a China grant by the Economic and Commercial Counselor of the Chinese Embassy during the preparatory meeting for the Philippines-China High-Level Meeting. With Bohol among the top tourist destinations in the country, travelers are expected to benefit from the proposed bridge as it will cut travel time from Tagbilaran City seaport to Panglao Island to 15 minutes from 45 minutes during peak periods, and will serve as an alternative route to the Jacinto Borja Bridge and Ambassador Suarez Bridge, according to Sadain.
Meanwhile, Public Works Secretary Roger Mercado said that civil works activities have resumed for the locally-funded component of the Panglao-Tagbilaran bridge project implemented by DPWH Regional Office 7.
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