KOIKA grants $ 1.3M to RP for road feasibility study

August 26, 2010 11:23 am 

MANILA, Aug. 25 — The Korean Government, through the Korea International Cooperation Agency (KOICA), on Wednesday signed an agreement with the Department of Public Works and Highways for a feasibility study on the construction of Circumferential Road 6 (C-6).

The C-6 highway is seen as one of the possible solutions to this problem. As a vital link between the North and South expressways, the highway is expected to help ease congestion in Manila’s major roads, particularly EDSA, Quirino Highway and C-5.

Results of the study are expected to be available by next year.

“KOICA will provide $ 1.3 million or some P55 million in grant assistance for this project. It will cover surveys and investigation of the site, traffic and demand analysis, and economic and financial analysis, to be done by Korean experts. In addition, KOICA will send relevant Filipino personnel to train in Korea, and provide some equipment to our partner agency,” Kim Jinoh, KOICA Resident Representative said.

He added that as one of Korea’s longstanding allies in the region, Korea is very glad to provide this assistance to the Philippines. “This is a gesture of thanksgiving for over six decades of strong and fruitful partnership between the two countries. Rest assured that KOICA is committed to further strengthening this partnership, and we look forward to working with DPWH on other initiatives as well,” said Mr. Kim.

Assistant Secretary Catalina Cabral signed the agreement on behalf of the Philippine Government and the DPWH. (PNA) DCT/DGA/utb

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