C&G Law advised and assisted the Export-Import Bank of China with a RMB2.3 billion concessional loan to the government of the Republic of the Philippines to finance the implementation of the Samal Island-Davao City Connector Project, in particular the design and construction of a sea-crossing bridge planned to serve approximately 25,000 vehicles a day.
According to the government, the bridge is expected to provide “a resilient and reliable transportation link between Metro Davao and Samal Island, enhancing internal mobility and external linkage to support the growth potential of the Davao region”, and the project will provide ease of access to tourism activities in Samal, enhance community access to employment, education and other social services and alternate routes during emergency situations and disasters.
The matter is led by Partner, Annalisa J. Carlota and supported by Jemimah Estelle T. Bartolome (Senior Associate), Jackie Lyn M. Arenas (Associate), Justin Mark C. Chan (Associate) and Yves Peter Carlo D. Medina.
For more information about this project, click here.