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Malacañang welcomes China’s grant to finance two bridges

Updated

By Genalyn D. Kabiling
Malacañang has welcomed China’s latest grant to finance the construction of two bridges that aim to ease traffic woes in Metro Manila.

Malacañang Palace. (Photo by Richard V. Viñas) | Manila Bulletin

Malacañang Palace. (Photo by Richard V. Viñas) | Manila Bulletin

Presidential spokesman Ernesto Abella said the financial grant covers the design and construction of the Binondo-Intramuros Bridge in Manila and Estrella-Pantaleon Bridge in the cities of Makati and Mandaluyong.

The agreement, Abella said, was recently signed by Public Works Secretary Mark Villar and China’s Economic and Commercial Counselor Jin Yuan.

“According to the initial project design, the Binondo-Intramuros Bridge will have four lanes and a total length of 807 meters,” Abella said.

“Similarly, the Estrella-Pantaleon Bridge will be a four-lane bridge,” he added.

China’s infrastructure grant for the Philippines was among the four bilateral pacts signed by the two countries during President Duterte’s visit to Beijing last May.

Under the “Agreement on Economic and Technical Cooperation,” China offered a 500-million yuan (P3.6 billion) grant to the Philippines “to conduct feasibility studies for major projects, construction of the drug abuse treatment and rehabilitation centre and bridges crossing the Pasig River, and other projects agreed by both sides.”

“We have always been very thankful to China for its generosity,” the President said during his visit to Beijing.

Apart from the grant from China, the two countries agreed to step up cooperation on energy, human resource development, and information and communication during Duterte’s visit to Beijing.

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