The Ministry of Finance of the Philippines has signed the framework and loan agreement for US$350 million with the Government of China for the development of a bridge connecting Davao City to Samal Island in Southern Philippines.

The Davao City-Samal Island connector bridge is 3.86 km long and will have four lanes in both directions. The project is expected to generate job opportunities and contribute to local economy as well as improve the livelihood of the inhabitants residing nearby.