Project ID: 63261

Government of China signed agreement with Government of the Philippines to provide a $13.4 million grant for the feasibility study of Panay-Guimaras-Negros Island Bridge project

Commitment amount

$ 14603986.62157427

Adjusted commitment amount

$ 14603986.62157427

Constant 2021 USD

Not recommended for aggregates

This project is not recommended for use in creating aggregated sums. See the documentation for more information about this criteria.

Summary

Funding agency [Type]

Unspecified Chinese Government Institution [Government Agency]

Recipient

Philippines

Sector

Transport and storage (Code: 210)

Flow type

Grant

Infrastructure

Yes

Category

Intent

Development (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

ODA-like (The next section lists the possible statuses.)

Official Development Assistance

Other Official Flows

Vague (Official Finance)

Flows categorized based on OECD-DAC guidelines

Project lifecycle

Status

Suspended (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2018-01-01

Planned start

2018-08-22

Actual start

2018-11-25

Description

On March 17, 2017, Dominguez and China Commerce Vice Minister Fu Ziying signed an exchange of letters about the conducting of preliminary feasibility studies for the Panay-Guimaras-Negros Island Bridges Project. Between August 22-24, 2018, the Chinese Government signed an agreement with the Philippines that China will provide a $13.4-million grant to fund the feasibility study of the Panay-Guimaras-Negros Island Bridge project. On November 22, 2018, the Chinese government signed the Implementation Agreement of the Feasibility Study of the project by China International Development Cooperation Agency (CIDCA). The feasibility study commenced on November 25, 2018 and is expected to be completed before 2020, according to the "Panay-Guimaras-Negros bridge study to be completed this year". On January 30, 2020, NEDA announced its Investment Coordination Committee had approved the project. As of October 2020, the project had yet to complete construction. It was reported in February 2021 that China had pulled out of the project.

Number of official sources

7

Number of total sources

19

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Details

Cofinanced

No

Direct receiving agencies [Type]

Government of the Philippines [Government Agency]

Implementing agencies [Type]

China International Development Cooperation Agency (CIDCA) [Government Agency]