Home | Money Matters | Duterte ground breaks P7.8 billion Panguil Bay Bridge

Duterte ground breaks P7.8 billion Panguil Bay Bridge

By Francisco Dosdos
Correspondent .

President Rodrigo Duterte led the groundbreaking of Panguil Bay Bridge (PBB) at the access road in barangay Sagadan here November 28.

With the President were Korean Ambassador to the Philippines Han Dong-man, DPWH Secretary Mark Villar, DND Secretary Delfin Lorenzana, Lanao del Norte 2nd District Congressman Abdullah Dimaporo, Lanao del Norte 1st District Congressman Mohamad Khalid Dimaporo, Lanao del Norte Governor Imelda Quibranza Dimporo and this town Mayor Leoncio Bagol.

It was gathered that the PBB will cost about P7.8 Billion Pesos and will be finished in three years.

It was also said to be 3.7 kilometers long and 20 meters (two lanes) wide.

The bridge had been envisioned for many years but it is only this time that it would be realized through the financing of the Korean Development Cooperation Fund.

It was also said that the bridge when completed will shorten the travel time from Misamis Occidental to Lanao del Norte.

It would also benefit the provinces in the Northern Mindanao Development Corridor comprising Surigao del Norte, Agusan del Norte, Camiguin, Misamis Oriental, Lanao del Norte and Misamis Occidental, it was said.

The the PBB will also speed up commercial and industrial development in the Northern Mindanao Development Corridor,  it was reported.

 

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