Construction of the 3.48-kilometer Panguil Bay Bridge connecting Misamis Occidental and Lanao del Norte will definitely start this year. This was disclosed by DPWH Secretary Mark Villar in his official Facebook page.

Shown below is the bridge’s perspective posted in Sec. Villar’s social media account. Travel time between the two provinces will be significantly reduced from 2.5 hours to just 10 minutes.

Also as shown below, funds for the construction Access Roads of the bridge on both sides amounting to P250 Million have been included for this year’s budget. The bridge component will be funded thru the P4.89 billion loan agreement with Export-Import Bank of Korea-Economic Development Cooperation Fund (KEXIM-EDCF).

Read previous posts below.

PROJECT WATCH: Korean consultants inspect Panguil Bay Bridge project site

 

PROJECT WATCH: Panguil Bay Bridge project billboard installed onsite

 

PROJECT WATCH: Panguil Bay Bridge Consultancy Deal signed

 

Philippines, Korea sign P4.89 billion loan for Panguil Bay Bridge Project

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