Luzon to Mindanao bridge link to be studied, budget chief says


Posted at Nov 28 2016 01:20 PM | Updated as of Nov 28 2016 04:25 PM

MANILA - The government will study the feasibility of building a bridge link between Luzon, Visayas and Mindanao as President Rodrigo Duterte moves to overhaul the country’s creaking infrastructure, a Cabinet official said Monday.

Duterte plans to spend up to P9 trillion in the next six years to build new roads, bridges and transport terminals in a construction spree that is expected to generate at least one million jobs, Budget Secretary Benjamin Diokno said.

Diokno said he would ask the National Economic Development Authority to study the possibility of a linking the country’s three main islands through a bridge.

Aside from construction, the new jobs will be generated in the tourism and manufacturing sectors, he added.

Higher public spending and robust consumption, coupled with increased investments once foreign ownership restrictions are lifted could drive economic growth to 10 percent, he said.