Philippines - Highway Management Project

Document of The World Bank FOR OmCIAL USE ONLY Report No. P-5515-PH MEMORANDUM AND RECOMMENDATION OF THE PRESIDENT OF THE INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT TO THE EXECUTIVE DIRECTORS ON A PROPOSED LOAN IN AN AMOUNT EQUIVALENT TO US$150 MILLION TO THE REPUBLIC OF THE PHILIPPINES FOR A HIGHWAY MANAGEMENT PROJECT NOVEMBER 4, 1991 This document has a restricted distribution and may be used by recipients only in the performance of their official duties. Its contents may not otberwise be diclosed without World Bank authorization.  CURRENCY EOUIVALENTS (as of July 1991) Currency Unit - Philippine Peso (P) P 1 US$0.036 US$1.00 P 28 WEIGHTS AND MEASURES 1 kilometer (km) 0.62 mile (mi) ABBREVIATIONS AND ACRONYMS CIAP - Construction Industry Authority of the Philippines DPWH - Department of Public Works and Highways EIA - Environmental Impact Assessment EMB - Environmental Management Bureau EMK - Equivalent Maintenance Kilometer ERR