French funding revives Tagbilaran-Panglao offshore bridge
TAGBILARAN CITY—The French government has formally assured funding for the long-delayed third Tagbilaran-Panglao Island bridge, signaling renewed momentum for one of Bohol’s most critical infrastructure projects and paving the way for its full construction.
Marc Raynal, director of the Development Centre for Studies and Expertise on Risks, Environment, Mobility and Planning of the French Embassy, made the assurance during his visit and meeting with provincial officials at the Bohol Capitol on Feb. 6, ahead of a comprehensive project assessment set today.
The Panglao-Tagbilaran City Offshore Bridge Connector (PTCOBC), a multibillion-peso undertaking, will be financed through the French government financing facility via a preferential loan to the Philippine government—effectively guaranteeing the continuation and completion of the iconic third bridge.
Raynal said his visit aims to assess the technical, administrative and operational readiness of both the implementing agencies and the contractor, underscoring the importance of strong institutional capacity in delivering complex infrastructure.
He expressed confidence in the project’s viability, citing encouraging levels of coordination among national agencies, the provincial government and prospective contractors.
“We are happy. So far, so good,” he said during his visit, noting that identified challenges are manageable.
‘Breakthrough’
Gov. Erico Aristotle Aumentado welcomed the funding commitment, describing it as a “breakthrough” for Bohol’s long-term connectivity and economic development.
He reiterated the provincial government’s readiness to cooperate fully with national agencies and foreign partners to ensure the project’s smooth implementation.
“There is no problem on the part of the province of Bohol. We are ready to accept the support from your government,” Aumentado said.
The governor said once completed, the PTCOBC is expected to transform mobility in Bohol, strengthen its tourism-driven economy and stand as a symbol of renewed international partnership in Philippine infrastructure development.
The third bridge is expected to ease worsening traffic congestion, particularly with Bohol Panglao International Airport now driving increased vehicle volume across the existing two bridges. The structure will serve as a vital transport artery for both passengers and goods.
It is envisioned as a four-lane, heavy-duty and cable-stayed bridge to ease congestion.
