NEDA approves PHP154 billion worth of infra projects in the Philippines
The National Economic and Development Authority (NEDA) has approved plans for seven high-impact...
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Category: Philippines
SUSI sets up investment platform for renewables in SEA
SUSI Partners has launched a new investment platform for renewable energy projects in Southeast Asia. The platform will focus on the development and operation of greenfield solar photovoltaic (PV), wind and hydropower assets in...
Read MoreFirms to develop ammonia co-firing at coal plant in Quezon
Quezon Power (Philippines) Limited Company (QPL) has partnered with South Korea-based Doosan Enerbility Company Limited to develop ammonia co-firing at a coal power plant in Quezon. The partners will conduct feasibility studies...
Read MoreDOTr receives funding for rail feasibility studies in the Philippines
The Department of Transportation (DOTr) has obtained USD6 million to fund feasibility studies for proposed rail projects in the Philippines. Over the next few months, the amount will be used to fund studies for the Panay...
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Manila MRT7 partial operations called off, full service to commence in 2025
The partial operations for Metro Manila’s Metro Rail Transit Line 7 (MRT-7) have been called off...
Read MoreMalolos-Clark rail project delayed
The Malolos-Clark Railway Project (MCRP) has been delayed by a year till June 2025 due to site turnover and payment issues. This section of the North-South Commuter Railway (NSCR) was initially scheduled to commence passenger...
Read MoreTacloban airport to attain international status in 2025
The Tacloban City Airport in the Philippines will be upgraded to an international airport by 2025 once ongoing upgradation and construction projects are completed. Some of the main work includes the construction of a new...
Read MoreGovernment of the Philippines’ infrastructure spending reaches PHP80 billion
The Government of Philippines’ infrastructure spending for the month of November 2022 reached PHP80.2 billion, a 40 per cent increase from the previous year. Most of this increase is due to a number of road projects being...
Read MorePartners set up infra investment fund for APAC
Germany-based Patrizia SE and Japan-based Mitsui have launched a new infrastructure investment fund for the Asia Pacific (APAC) region. The newly announced investment vehicle will primarily focus on the development of...
Read MoreUSTDA allocates PHP118 million to develop 5G infrastructure in the Philippines
The United States Trade and Development Agency (USTDA) has awarded a grant of PHP118 million to NOW Telecom Company Incorporated to develop 5G infrastructure in the Philippines. The grant will finance a feasibility study and...
Read MorePhilippine Ports Authority to implement e-ticketing on ferries
The Philippine Ports Authority (PPA) has announced plans to deploy an electronic ticketing system on ferries in the country, in an attempt to ease passenger queues at ticket counters during peak hours. The system will be...
Read MorePartners to develop e-MaaS business in ASEAN
SMRT Road Holdings Group has signed a memorandum of understanding (MoU) with Japan-based Marubeni Corporation to establish an electric mobility-as-a-service (e-MaaS) business in the ASEAN region. Under the terms of the MoU,...
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Metro Manila MRT line ridership reaches nearly 100 million
The Department of Transportation (DOTr) of the Philippines has reported that ridership on the...
Read MoreNLEX plans big ticket infra projects in the Philippines
NLEX Corporation, a subsidiary of Metro Pacific Tollways Corporation, plans to invest in key infrastructure and enhancement projects in the Philippines during 2023. Some of the main projects in the pipeline are the NLEX...
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Government of China pledges USD22 billion for projects in the Philippines
The Government of the Philippines has secured around USD22 billion worth of investment pledges...
Read MoreAboitizPower secures PHP20 billion loan to expand RE capacity in the Philippines
Aboitiz Power Corporation (AboitizPower) has secured a PHP20 billion loan from the Land Bank of the Philippines (LandBank) to expand its renewable energy (RE) capacity in the Philippines. The loan will cover expansion and new...
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All Metro Manila Subway contracts to be awarded in 2023
The Department of Transportation (DOTr) of the Philippines plans to award all of the remaining...
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Government of SK approves USD3 billion ODA for infra projects in the Philippines
The Government of South Korea (SK) has signed an agreement approving official development...
Read MoreACEN to invest an additional PHP1.46 billion for solar plant in Cagayan
ACEN Corporation will invest an additional PHP1.46 billion in Natures Renewable Energy Development Corporation (NAREDCO), a special purpose vehicle (SPV), for the development of the Cagayan North Solar Power Project in the...
Read MoreDOTr to integrate cashless payments across transport systems in the Philippines
The Department of Transportation (DOTr) and the Department of Science and Technology (DOST) have partnered to integrate cashless ticketing technologies across transport systems in the Philippines. Under the terms of the...
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