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Friday, March 29, 2024

DPWH, Sokor firms sign MoA on PH project

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The Department of Public Works and Highways signed a memorandum of agreement with Korean firms for the construction and consultancy services of the P4.9-billion cable-stayed Panguil BayBridge Project in Northern Mindanao.

Public Works Undersecretary Emil Sadain said that Yooshin Engineering Corp., Pyunhwa Engineering Consultants Ltd., and Kyong-Ho Engineering & Architect Co. Ltd., will provide the conceptual design, design review, construction supervision, and post-construction supervision of the modern bridge in Mindanao which will start this month.

The proposed cable-stayed bridge would be the first in Northern Mindanao which is expected to bring more economic opportunities in the region, the Public Works official said.

The contract for the new mega-bridge project was signed between the DPWH led by Sadain and Public Works project director Sharif Madsmo H. Hasim, project manager Teresita V. Bauzon, director Nimfa E. Potante and chief accountant Mary Antoinette Z. Puno.

The Korean side was represented by vice chairman Hyun Tae Kang and president Kuan Jung Joo of Yooshin Engineering Corporation; vice president Soo Young Park of Pyunhwa Engineering Consultants Ltd.; and vice president Ryu Jae Hun of Kyong-Ho Engineering & Architectects Co. Ltd.

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The Panguil Bay Bridge Project is a 3.48-km, two-lane bridge that will connect the city of Tangub in Misamis Occidental to the municipality of Tubod in Lanao del Norte. “Funded under loan agreement with Korean Economic Development Cooperation Fund (KEDCF), the 4.9-billion mega infrastructure project is expected to accelerate and sustain the economic growth in ₱Mindanao regions by providing efficient and seamless transport of goods and services,” Sadain added.

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