Active Mixed AidData Chinese Aid

Government of China in financing talks with Government of Philippines over East-West Bank Bridge 2 Project (linked to Record ID#s #63280, #63281, #63284, #63289, #63293, #88516)

Funder	Export-Import Bank of China (China Eximbank)
Recipient Organization	Government of the Philippines
Country	Philippines
Start Date	Jan 01, 2018
End Date	Oct 04, 2030
Duration	4,659 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`63292`

Grant Description

Government of China in financing talks with Government of Philippines over East-West Bank Bridge 2 Project Pasig-Marikina River and Manggahan Floodway and Bridges Construction Project (or the Metro Manila Logistics Improvement Project) involves the construction of twelve priority bridges crossing the Pasig-Marikina River and Manggahan Floodway.

NEDA Board approved the project in April 2018 and the feasibility study was completed in June 2018.

The Department of Public Works and Highways submitted to DOF on June 6, 2018, the requisite documents to facilitate the application for the preferential buyer's credit loan from China.

On Aug. 22-24, 2018, the project was under discussion as one of the projects under the “second basket” for Chinese loan financing. The start of civil works was planned to start in January 2021 and be completed in December 2023.

On December 21, 2020, two Chinese companies signed commercial contracts with the Philippine Ministry of Public Construction for three bridge projects in Manila. One of these is the East-West Bank Bridge 2 Project.

East-West Bank Bridge Project 2 will cross the Manggahan Floodway from the Eastbank Dike Road to the Westbank Dike Road in Cainta, Rizal, and will be between Legaspi Bridge and Barkadahan Bridge. The bridge has a total project cost of PHP 3 billion, and a length of 930 meters.

It is part of DPWH’s Metro Manila Logistics Improvement Project (recorded in the umbrella Record ID#63280) to build 12 new bridges across the Pasig and Marikina Rivers, and the Manggahan Floodway.

This project is part of the Metro Manila Logistics Improvement Project (recorded in the linked Record ID#63280), which also includes: North & South Harbor Bridge [Contract 1] (recorded in Record ID#63293) Palaca-Villegas Bridge [Contract 2] (recorded in Record ID#63281) Beata-Manalo Bridge [Contract 2] (recorded in Record ID#63284) Blumentritt-Antipolo Bridge [Contract 2] (recorded in Record ID#63289) East-West Bank Bridge 1 Project (recorded in Record ID#88516).

The value of the preferential buyer's credit supporting this project is unknown.

📋 Staff Comments

As of December 2020, two commercial contracts for the implementation of the bridges have been signed by two Chinese companies and the Department of Public Works and Highways of the Philippines (Xinhua News).

📚 Sources & References

Bridges
INFRASTRUCTURE FLAGSHIP PROJECTS AS OF JULY 27, 2018NEDA Board Approved - 35 projects
High-level meeting in Beijing this week on China-supported PHL infra projects, 12 projects pitched for China financing
Bridges Contract
Feasibility Study for Beata-F.Y. Manalo Bridge project
The China-Philippines intergovernmental cooperation project adds a new chapter. Manila’s three bridges project signed a commercial contract. Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.