US $2.1bn in financing approved for Philippines bridge project ...United Arab Emirates

The Asian Development Bank (ADB) has approved US $2.1bn in financing for a new bridge project. The 32.15km Bataan–Cavite Interlink Bridge (BCIB) will connect the Bataan and Cavite provinces across Manila Bay in the Philippines. Once complete, the BCIB will ease traffic in Metro Manila, allowing for better movement of people and goods, increasing economic productivity in Luzon, a report said. The BCIB is said to be one of the government’s flagship infrastructure projects, and will complete the transport loop around Manila Bay and is said to better link Metro Manila to central Luzon and nearby Cavite, Laguna, Batangas, Rizal, and Quezon provinces. “The BCIB represents the latest installment in

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