Chinese investors open to PPP scheme for Manila Bay Bridge project

BATAAN CAPITOL – A group of Chinese investors yesterday has keenly expressed their interest in major development projects in this first-class province, one of which is the proposed “Manila Bay Bridge Project.”

This was revealed to IOrbit News by Bataan Governor Albert Raymond S. Garcia who presented the economic, infrastructure and social development plans of the provincial government to potential investors from Mainland China. Garcia also acquainted the Chinese businessmen on the advantages being offered by the province to its investors.

The group of prospective Chinese investors came from Yunnan Construction and Investment Holding Group Co. Ltd. accompanied by top officials of the Grand Innovasia Concept Corporation (GICC) led by its President, Miss Xiaojing T. Luo.

GICC is one of the major investors at the Freeport Area of Bataan in Mariveles town.

Governor Garcia said the Manila Bay Bridge Project is a proposed 20-kilometer bridge along Manila Bay that will connect Bataan to Cavite thus connecting two super regions, Central Luzon and CALABARZON, to the rest of Luzon through a series of superhighways, and expressways without passing through the traffic congested roads of Metro Manila.

The project would greatly reduce the number of vehicles passing through the Metro and thus decongest its perennial traffic woes. The length of the Bridge is about 20 kilometers connecting Mariveles, Bataan and Naic, Cavite, the shortest connection at the mouth of Manila Bay and could be designed to accommodate oil and gas pipelines, water pipelines, utility lines, fiber optics, power lines, etc., cargo or even passenger railways.

“The bridge project will bring lots of room for more development projects to Bataan,” Governor Garcia said. Though the project will undergo feasibility studies by the national government, Garcia added that there is an ongoing PPP scheme being implemented in a major bridge project in Cebu area that can be replicated here.

Meanwhile, other several projects on the pipeline via the Bataan Public-Private Partnership (PPP) scheme were also presented by Bataan PPP Investment Center chief, Attorney Aurelio “Joey” Angeles.

Among those in the pipeline are the Bataan –Manila Integrated Transportation System; Integrated Waste Management Facility; Lease of Property for Industrial Development; Establishment of Dialysis Centers in District Hospitals; Construction and Operation of Commercial Areas, lay overs and parking lots along Bataan Expressway; Mass Transportation (Monorail or Rapid Bus) at the Freeport Area of Bataan and the rest of the province; etc.

Be the first to comment

Leave a Reply

Your email address will not be published.


*


error: iOrbitNews content is protected !!!