According to the report presented by the Department of Public Works and Highways (DPWH) during the recent Infrastructure Monitoring Advisory Group (IMAG) meeting sponsored by the provincial government, the contract package 2A of the project is 6.27 percent while the contract package 2B is 7.04 percent.
The road concreting under the contract package 2A which costs more than Php 308-M started on November 25, 2009. On the other hand, the work on the more than Php325-M contract package 2B started December 8 of the same year.
Contract Package 2A covers Marawi-Masiu-Bayang section while contract package 2B covers Bayang-Pualas-Marantao-Marawi section.
The Lake Lanao Circumferential Road project forms part of the three identified projects jointly funded by the Saudi Fund for Development and the Philippine Government under the Mindanao Road Map Project (MRIP).
The other projects under the MRIP included the construction of Contract Package 1A and 1B of Cotabato city East Diversion Road and Contract Package 3A and 3B of Basilan Circumferential Road. (Apipa Bagumbaran - PIA Marawi city)
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