The head of the Regional Development Council said that more foreign investors are now showing interests in the construction of the billion-peso interconnectivity bridges that will link Panay, Guimaras, and Negros islands.
Antique Gov. Rhodora Cadiao, RDC chair, said Thursday that big conglomerates from China and Korea are asking how they can invest in this construction project in Western Visayas.
“The interconnectivity bridges are among the thrusts of RDC as this project will start in the Visayas. This project worth billions of pesos will be realized very soon,” Cadiao said at a press conference at the RDC meeting at Seda Hotel in Bacolod City.
The project is already two years in the making and the President wants to finish it before he ends his term, she added.
Public Works and Highways Secretary Mark Villar said earlier that preparatory work for this 19-kilometer Panay-Guimaras-Negros bridge will begin this year. If completed, this will be the longest bridge in the country, he added.
Cadiao, however, said that the building of these bridges will affect the marine transportation companies in the region.
“We also take into consideration these things but we cannot stop the thrust of the Duterte administration’s ‘Build, Build, Build’ and ‘Spend, Spend, Spend’ program,” she said.
Cadiao also said that currently, the project is at bid and design stage where bidding will be done first and the chosen contractors will design it. The Panay-Guimaras bridge will be made first, then the Guimaras-Negros, she added.
“For the Panay-Guimaras bridge only, many foreign investors have already shown interest in building it. And that alone is already a multi-billion project,” she said.
Meanwhile, Cadiao also said that after talks with Bacolod Mayor Evelio Leonardia, she also wants to expedite the endorsement by the RDC of the P600 million Banago Port project for it to have its budget within the year.
During the press conference, however, she said that it should be endorsed first by the Bacolod Sangguniang Panglungsod before passing it to the RDC, and it should be fast-tracked.
Leonardia said that this project will be brought to Vice Mayor El Cid Familiaran, and he is yet to meet with the officials of Philippine Ports Authority to explain it.*MLG
back to top