It’s all systems go for the much-anticipated Pasig River Expressway (PAREX), touted to be the country’s first green, hybrid expressway, as proponent San Miguel Corporation (SMC), together with the government broke ground yesterday for the 19.37-kilometer project. SMC president Ramon S. Ang, Executive Secretary Salvador Medialdea, DoTR Sec. Arthur Tugad...
The “Build, Build, Build (BBB)” program of the government has provided close to 1.5 million jobs to Filipinos despite the restrictions due to the coronavirus disease 2019 (Covid-19) pandemic, the Department of Public Works and Highways (DPWH) said on Friday. Citing the latest data from the agency, Secretary Mark Villar said the projects under the BBB p...
The national government has allocated up to PHP34 billion next year for right-of-way (ROW) payments as the Duterte administration lays the groundwork for the sustained construction of large, multiphase public infrastructure projects, Surigao del Sur Rep. Johnny Pimentel said on Sunday. “The ROW payments next year will assure the full completion of seve...
Residents and those working in Pasay City will soon enjoy easier public transportation after the Department of Transportation (DOTr) and the city government signed a deal for the construction of a monorail and extension of the Epifanio Delos Santos Avenue (Edsa)-Tramo flyover. In a live broadcast on Facebook on Wednesday, DOTr Secretary Arthur Tugade a...
Photo credit: Department of Transportation The Department of Transportation (DOTr) is pushing for the inclusion of the newly rehabilitated and expanded airport here as among the alternate gateways for returning Overseas Filipino Workers (OFWs) and international travelers. DOTr Secretary Arthur Tugade proposed the move on Thursday as he personally le...
Photo credit: Cebu-Cordova Link Expressway As of August 31, 2021, the construction progress of the Cebu-Cordova Link Expressway (CCLEX) project was at 83.84 percent. The P30-billion toll bridge, which will be substantially completed by the end of 2021, will use a full electronic toll system when it opens to motorists in the first quarter of 2022 to ...
Photo credit: Department of Transport Philippines A six-lane elevated expressway traversing the length of the Pasig River will soon be built after the signing of the supplemental toll operations agreement (STOA) of the project between national government officials and partners in the private sector. During a virtual presser on Tuesday, the STOA for ...
Photo credit: CNN Philippines The Malolos-Clark segment or phase two of the North-South Commuter Railway (NSCR), of the Philippine National Railways (PNR) is now 32 percent complete and is on track to be completed in 2024. In a Laging Handa briefing on Monday, DOTr Undersecretary for Railways Timothy John Batan said the NSCR Phase 2 began constructi...
The Japan-funded North-South Commuter Railway Extension (NSCR-Ex) project has began construction, the Japanese Embassy in Manila said Tuesday. Last September 18, Ambassador Koshikawa Kazuhiko personally joined Transportation Undersecretary Timothy Batan and ADB Director General Ramesh Subramaniam during a joint site inspection at Clark International Ai...
Photo credit: Mike Gonzalez - Southern Negros geothermal plant, Negros Oriental, Philippines Racing against time to address the worsening climate change crisis, multi-sectoral representatives have joined a movement initiated by geothermal power leader Energy Development Corporation (EDC) aimed at attaining zero carbon emissions among businesses in the...
Photo credit: The Department of Public Works and Highways The Department of Public Works and Highways (DPWH) has re-affirmed its support to the government of Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) with the signing of two (2) agreements at DPWH Central Office in Manila. DPWH Secretary Mark Villar and Ministry of Public Works (MPW)-BA...
Photo credit: OceanaGold Scott Sullivan, Chief Operating Officer and Acting Chief Executive Officer of OceanaGold said, “The recommencement of Didipio operations is progressing ahead of plan. The recruitment of the workforce is ahead of schedule as we expect approximately 65% of the total workforce to be in place by the end of the third quarter and app...
Photo credit: GlobalData Global nickel mine production is expected to grow by 6.8% to reach 2,427.4 thousand tonnes (kt) in 2021, after registering an estimated 4.2% decline to 2,272kt in 2020, owing to COVID-19-related lockdowns and restrictions, says GlobalData. The leading data and analytics company notes that output from Indonesia (+16.3%), the Phi...
Photo Credit: Sumitomo Mitsui Construction Ltd Department of Transportation (DOTr) Secretary Art Tugade has assured that once it is operational, the PNR Clark Phase 2 of the North-South Commuter Rail Project (NSCR) project will create needed jobs and spur economic recovery in Central Luzon amid the effects of the Covid-19 pandemic. “The DOTr, in all...
The Philippine North Railway (PNR) project inside this Freeport, which will feature the country’s first-ever airport railway express service, will unlock economic growth and the employment potentials of Central Luzon, especially Bulacan and Pampanga, under the “Build, Build, Build” project, Transportation Secretary Arthur Tugade said on Saturday. Tuga...
Photo Credit: Department of Public Works and Highways Department of Public Works and Highways (DPWH) Secretary Mark Villar on Friday, September 17, 2021 checked the progress of the viaduct crossing Kalayaan Avenue, Makati City towards Bonifacio Global City’s 8th Avenue in Taguig City. Secretary Villar said that the viaduct is the last segment to com...
Weir Minerals and Andritz have signed an agreement at MINExpo 2021 expanding their shared commitment and strategic cooperation to supply equipment for processing tailings in the mining industry. The foundations of this agreement have been built on a shared understanding and vision to enable the sustainable and efficient delivery of the natural resources e...
The House of Representatives on Wednesday overwhelmingly approved on final reading a measure mandating the construction of Quezon-Bicol Expressway (QUBEX) as an "integrated transport and economic development strategy” for the Bicol Region. With 238 affirmative votes, the chamber passed on third reading House Bill 9988, which mandates the construction o...
Photo Credit: The Department of Public Works and Highways The Department of Public Works and Highways (DPWH) are now preparing the specialized equipment to work for the Davao twin tunnels, a key component of the 45.5 kilometer Davao City Bypass Road Project in Southern Mindanao. Secretary Mark Villar said that the arrival of several equipment on sit...
Photo Credit: PhilStar Department of Trade and Industry (DTI) Secretary Ramon Lopez has urged Japanese firms to invest in the Philippines as opportunities for manufacturing, construction, and energy remain high despite the pandemic. In a virtual Philippine economic briefing for Japanese companies Tuesday, Lopez said Japanese investors may look into ...
OceanaGold Corporation advises that Mr. Michael Holmes has resigned as the President and Chief Executive Officer (“CEO”) of the Company, as well as from the Board of Directors (the “Board”), effective September 8, 2021. The Board has engaged a leading executive search firm to commence a global search for the Company’s next President and CEO. In recognitio...
Metallic mineral production value advanced by 24.50% or PHP13.50 billion in H1 2021 from PhP55.13 billion to PhP68.63 billion, year-on-year. The telling factor for this sterling performance was the continued strong metal prices during the period. Prices of base metals, copper, and nickel grew by 65% and 40%, respectively. Likewise precious metals, gol...
Transport infrastructure is expected as the key driver for the Philippine construction sector growth, Fitch Solutions said Thursday. In a commentary, the research unit of the Fitch Group said the Philippine construction industry is expected to grow by 24.2 percent year-on-year this year, and by 16.1 percent in 2022. “We expect transport infrastructu...
Photo Credit: Panay News Department of Energy (DOE) Secretary Alfonso Cusi said the country may expect additional 7,712 megawatts of power supply from 2021 to 2027. During President Rodrigo Duterte’s Talk to the People late Thursday night, Cusi said the construction of new power sources is underway this year and in the coming years to augment the ne...
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