The Project is in the northern coastline of Manila Bay that involves financing, design and construction of the following components:
a. City Flood Control in the coastal waters of Navotas City;
b. Coastal Sea Barrier through the northern part of Manila Bay covering the coastal areas of Bulacan, Pampanga and Bataan;
c. An expressway that will connect Bataan with Metro Manila and providing direct access to the provinces of Bulacan and Pampanga with a Concession Period of 50 years.
This project aims to:
- improve adaptive capacity against city coastal flooding of northwest Metro Manila;
- improve adaptive capacity against typhoon waves of the coastal zone in the northern part of Manila Bay;
- increase efficiency of logistics;
- provide space to accommodate urban growth and industrial development; and
- enhance the littoral ecological system of Manila Bay.
Coastal Development Consortium (CDC) consists of San Miguel Holdings Corporation (SMHC) and New San Jose Builders Inc. (NSJBI)
Php 399.66 Billion (constant costs in price levels of 2014)
- City Flood Barrier – requires upfront investments in the amount of US$ 1.4 Billion (PhP 60.84 Billion).
- Expressway – requires investments in the amount of US$ 0.9 Billion (PhP 40.36 Billion)
- Coastal Barrier – requires investments up to US$ 5.4 Billion (PhP 237.02 Billion).
- For evaluation of NEDA-ICC