The National Economic and Development Authority (NEDA) Board during its 6th board meeting under President Rodrigo R. Duterte’s administration at the Bangko Sentral ng Pilipinas on April 25 approved the Pasig-Marikina River and Manggahan Floodway Bridges Construction Project and Bridge Construction Acceleration Project for Socioeconomic Development.
These two projects will be implemented by the Department of Public Works and Highways (DPWH) and will see the construction of 10 priority bridges crossing Pasig-Marikina River and Manggahan Floodway; and five iconic 4-lane bridges and twenty-five 2-lane truss bridges across the country.
NEDA said the Pasig-Marikina River and Manggahan Floodway Bridges Construction Project with total cost of P27.368 billion will improve road transport network capacity and efficiency in Metro Manila by providing additional fix links and alternative routes.
Meanwhile, the Bridge Construction and Acceleration Project for Socioeconomic Development Project involves the full turnkey construction of five iconic 4-lane bridges and twenty-five 2-lane truss bridges, altogether with a total length of 2,848 lineal meters, in nine regions of the country, NEDA said.
“The project has an estimated cost of PhP11.369 billion, and is expected to be completed by 2022,” it added.