By Maria Liezl Projella | Philippine Daily Inquirer
May 11, 2023
MANILA, Philippines — The construction of the Panguil bay bridge in Northern Mindanao is already 69 percent complete as of May 2023, the Department of Public Works and Highways (DPWH) reported.
In a statement on Wednesday, DPWH said the 3.17-kilometer sea-crossing bridge project is expected to be 90 percent finished by December 2023.
By March 2024, it should be 95 percent done.
Following this timeframe, the bridge will be opened by June 2024.
The P7.37 billion Panguil Bay Bridge will connect Tangub City, Misamis Occidental to Tubod, Lanao del Norte.
Travel between the two provinces takes two to two and a half hours.
The department said when the project is built, the trip will be cut to seven minutes.
DPWH Senior Undersecretary Emil Sadain said this milestone for Mindanao would contribute to the development of the area.
“This valuable infrastructure project will greatly enhance economic growth as it will serve as a vital gateway that connects and further strengthens the region’s infrastructure, providing seamless transportation of goods and services,” he said in a statement.
DPWH noted the construction for the bridge took longer than the initial timeline due to the COVID-19 pandemic in 2020 and 2021.
Building activity resumed in 2022.
Panguil bay bridge is funded by a loan agreement between Philippines and South Korea through the Economic Development Cooperation Fund.
Korean joint venture contractor NamKwang-Kukdong Gumgwang is the contractor of the project.