The newly signed the agreements involve a loan of US$1.1 billion to support the construction of the bridge and the associated coastal road in the Visayas and supplemental financing of US$172 million for the Davao City Bypass.
JICA will also finance the detailed engineering design of the bridge project.
The government of the Philippines is ramping up investments under its ‘Build, Build, Build’ infrastructure programme to aid recovery from the coronavirus crisis.
The project that covers the Cebu-Mactan Fourth Bridge and the Coastal Road has a total estimated cost of US$1.59 billion. It is aimed at improving the capacity of the existing road network connecting mainland Cebu and Mactan Island. Work on the project includes the construction of more than 8km of viaducts in addition to the bridge and a coastal road.
The bridge will be built as a steel box girder with orthotropic steel deck. It has been designed to allow future expansion from four lanes to six.