The P4.9-billion Panguil Bay Bridge Project to be constructed by Korean firms

Updated Oct 07, 2020 | Same topic: Latest Consumer Reports

The government has given the go-signal for the P4.9-billion Panguil Bay Bridge Project.

The Department of Public Works and Highways (DPWH) announced that the agency has signed a contract with Korean firms for the construction of the Panguil Bay Bridge.

The Panguil Bay Bridge is a 3.48-kilometer, two-lane bridge aimed to connect the city of Tangub in Misamis Occidental to the municipality of Tubod in Lanao del Norte. The P4.9-billion infrastructure project is expected to boost and sustain the economic growth in Mindanao regions through more seamless and efficient transport of goods and services.

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The Panguil Bay Bridge is a 3.48-kilometer, two-lane bridge aimed to connect the city of Tangub in Misamis Occidental to the municipality of Tubod in Lanao del Norte

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The Bridge is funded under loan agreement with the Korean Economic Development Cooperation Fund (KEDCF).

Representing the consultants’ side were Pyunhwa Engineering Consultants Ltd., Yooshin Engineering Corporation, and Kyong-Ho Engineering & Architect Co. Ltd.

The DPWH, represented by Undersecretary Emil K. Sadain led the contract singing of the memorandum of agreement (MOA) stipulating that the above Korean companies shall assist the Department in: