Government of China in financing talks with Government of Philippines over Dinagat (Leyte)-Surigao Link Bridge Project
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
Loan
Level of public liability
Central government debt
Infrastructure
Yes
Category
Project lifecycle
Description
During meetings from Jan. 9 to 10, 2018 between Philippine economic managers and Chinese officials in Beijing, the side of the Philippines submitted the P47.4-billion-worth Dinagat (Leyte)-Surigao Link Bridge Project. This project involves the construction of a 23 kilometer underwater tunnel bridge connecting Leyte and Mindanao Island, among nine projects worth a total of $1 billion also seeking feasibility study support at this time. As of August 2018, the loan for the project was still under negotiation. The current status of the project is uncertain.
Additional details
Number of official sources
2
Number of total sources
5
Details
Cofinanced
No
Direct receiving agencies [Type]
Government of the Philippines [Government Agency]