15 Key Infrastructure Projects to be Launched in 2018 -

15 Key Infrastructure Projects to be Launched in 2018

Indonesia Construction Market to Hit $136.26 Billion By 2021

THE GOVERNMENT expects a pickup in infrastructure activity this year, with 15 big-ticket projects already in the pre-construction stage, the Finance department said, as per news reports.  This adds to the 44 projects already in the works as of January. 15 Key Infrastructure Projects to be Launched in 2018.

“Almost projects are under construction and pre-construction so most of these will start getting implemented this year, that’s P1.8 trillion based on project cost,” Finance Undersecretary Gil S. Beltran , added the reports.

Among those in pre-construction include the P355.6-billion Mega-Manila Subway project, the P285-billion North-South Commuter Railway, the P211.46-billion Malolos-Clark Railway, and the P134-billion Philippine National Railway South Commuter Line, according to the list provided by Beltran.

15 Key Infrastructure Projects to be Launched in 2018 includes the P51.7-billion Visayas-Mindanao grid interconnection, P37.76-billion Metro Manila Bus Rapid Transit EDSA line, the P35.26-billion Mindanao Railway Phase 1, and the P25-billion Metro Manila Flood Management project.

Completing the list are the P12-billion C5 South Link Expressway, the P11.37-billion construction of 30 bridges across the archipelago, the P5.47-billion Metro Manila Bus Rapid Transit España-Quezon Avenue Line, the P4.36-billion Arterial Road Bypass, the P4.61-billion Binondo-Intramuros Bridge, the P1.38-billion Estrella-Pantaleon Bridge, and the P1.16-billion partial rehabilitation of Marawi City.

“You know it’s coming together believe it or not. Even I am surprised. The money is coming in from our taxes, the loans are coming in… the implementing agencies are getting their act together. It’s coming together,” Finance Secretary Carlos G. Dominguez III said, concluded the reports.

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