The National Economic and Development Authority (NEDA) Board has approved the Cebu-Mactan Bridge (4thBridge) and Coastal Road Construction Project (New Mactan Bridge Construction Project) worth
PhP76.41 billion to be funded through official development assistance (ODA).
On January 29, NEDA said that the New Mactan Bridge Construction Project and 7 other projects were approved.
“These projects are the building blocks of our people’s dreams and aspirations. As such, we intend to roll out as many as we can to ease congestion and spread growth throughout the country,” Socioeconomic Planning Secretary Ernesto M. Pernia said.
NEDA said the 4th Cebu-Mactan bridge project aims to improve the capacity of the existing road network in Cebu and facilitate faster movement of trade, people, and convenience in Metro Cebu.
“The project involves the construction of a 3.3-km bridge with an elevated viaduct of 3.385-km, with two lanes in each direction. It also includes the construction of a 4.9-kmfour-lane coastal road with a 4.751-km elevated viaduct. Interchanges will be constructed at the linkage between the two projects in Mandaue City,” NEDA said.