Bataan Cavite Interlink Bridge Finally Sisimulan na! 

Bataan Cavite Interlink Bridge Update
THE Asian Infrastructure Investment Bank (AIIB) said Friday it approved a funding of up to $1.14 billion for the construction of the Bataan-Cavite Interlink Bridge (BCIB) across Manila Bay.
The BCIB project is structured following a multi-tranche approach, with the first tranche amounting to $350 million. Spanning a distance of 32.15 kilometers, the project was designed to provide strategic convergence points between Central Luzon and Calabarzon.
The project is expected to reduce travel time from Mariveles, Bataan to Naic, Cavite from five hours to 1.5 hour only.
The Bataan-Cavite Bridge project, envisioned to be one of the world's longest maritime bridges, is set to be bankrolled through a multi-tranche financing scheme, under which $2.1 billion will be financed by the ADB, while $1.14 billion will be co-financed by the AIIB.
The remaining $664.23 million of the entire estimated project cost of the Bataan-Cavite Bridge will be funded by the Philippine government.
The project will be divided into seven contract packages with the construction to begin first in the two on-land packages.
Package 1 is the 5-kilometer Bataan Land Approach and Package 2 is the 1.35-kilometer Cavite Land Approach.
Packages 3 and 4 are Marine Viaducts in the North and South with a total length of 20.65 kilometers.
Meanwhile, Packages 5 and 6 are the North Channel and South Channel Bridges with a length of 2.15 and 3.15 kilometers.