These projects include the P57 billion 3.3-kilometer Cebu-Mactan fourth bridge and the 4.9-km four-lane coastal road, the and the P18.5 billion Davao City bypass.
The government has been trying hard to catch up with its infrastructure targets in a bid to revive the local economy.
Debts are expected to rise further from end-April’s P8.6 trillion.
The Davao project is seen as more game-changing as the long four-lane road will include a mountain tunnel that will use Japanese expertise in construction.
It is targeted for completion by 2023.