A Norwegian company has made an unsolicited proposal to connect Mindoro Island and Batangas province via a “floating bridge,” BusinessWorld reported the Department of Public Works and Highways as saying. The project will cost 53 billion pesos.

The 15-kilometer bridge would cover the 8.5-km distance between Mindoro and Verde Island and a 6.5-km stretch will link Verde Island and Batangas. The bridge will be built “over a 10- to 300-meter water depth,” according to DPWH.

Construction of the floating bridge would potentially cost $75,000 per meter. The estimate was based on Norway construction costs, DPWH Secretary Rogelio Singson told BusinessWorld.

“NEDA (National Economic and Development Authority has) already included the proposed Mindoro-Batangas Super Bridge in the list of priority projects,” DPWH said. However, Singson noted that the project will not be presented for the final approval of President Benigno Aquino III if the NEDA Board meets in December.

The approval by the NEDA Board, led by the President, is the last regulatory requirement before a PPP project can be offered to potential partners from the private sector. He added that there is “no feasibility study on the project yet.”

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