| Project Detail |
Project Name
Laguna Lakeshore Road Network Project
Project Number
52321-001
Country / Economy
Philippines
Project Status
Approved
Project Type / Modality of Assistance
Loan
The investment project is aligned with the following impact: Adequate, quality, sustainable, resilient, and safe transport infrastructure provided in the Greater Capital Region for the economic transformation of the country. The investment project will have the following outcome: Efficiency of road travel improved and the following outputs: (i) Output 1: Climate-resilient expressway along Laguna Lakeshore built; and (ii) Output 2: Institutional capacity of the Department of Public Works and Highways strengthened.
Project Rationale and Linkage to Country/Regional Strategy
The investment project is aligned with ADBs country partnership strategy for the Philippines, 2024-2029, which supports accelerating infrastructure and long-term investment. The investment project is also aligned with ADBs Strategy 2030 and will support the following operational priorities: addressing remaining poverty and reducing inequalities; making cities more livable; accelerating progress in gender equality; tackling climate change, building climate and disaster resilience, and enhancing environmental sustainability; and strengthening governance and institutional capacity.
Impact
Adequate, quality, sustainable, resilient, and safe transport infrastructure provided in the Greater Capital Region for the economic transformation of the country |
