BCIB gets funding from ADB

Philippine Standard Time:

BCIB gets funding from ADB

The Bataan-Cavite Interlink Bridge (BCIB) project is going to receive 2.1 billion dollar funding from the Asian Development Bank.

The BCIB is one of the national government’s flagship projects that involves building a 32.15-kilometer “climate resilient” bridge across the Manila Bay that will decongest Metro Manila and adjacent areas.
In a published report that appeared in Wednesday’s (December 13, 2023) Philippine Daily Inquirer, it said that Scott Morris, ADB vice president for East and Southeast Asia, said the BCIB was the latest installment in a package of infrastructure projects that the multilateral lender supports.

Bataan Congressman Alberts Garcia of the province’s Second District said the project will cut travel time between Bataan and Cavite to 1.5 hours from five hours, and to about two hours between Bataan and Metro Manila.

The ADB said that an updated environmental impact assessment report dated November 2023 “presents sufficient evidence and management proposals to support a conclusion that the BCIB project can be implemented as designed without generating impacts of a severity scale unacceptable to the wide range of stakeholders who stand to be affected.”

The post BCIB gets funding from ADB appeared first on 1Bataan.

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