Duterte OKs 7 infra projects worth P270 billion
INQUIRER.net / 02:51 PM November 15, 2016
President Rodrigo Duterte.
President Rodrigo Duterte has approved seven more infrastructure projects close to P270 billion, the country’s chief economist said on Tuesday.
In a text message to reporters, National Economic and Development Authority (Neda) Secretary Ernesto Pernia said the seven projects were approved during its second meeting in Malacañang on Monday, November 14.
The Neda board also approved the Investment Coordination Committee (ICC) Guidelines on processing China-assisted projects.
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The seven projects approved were:
Scaling up of the Second Cordillera Highlands Agricultural Resources Management Project
Expansion of the Philippine Rural Development Project
Improvement/Widening of General Luis-Kaybiga-Polo-Novaliches Road to Valenzuela City
New Cebu International Port
North-South Railway Project — South Line
Malitubog-Maridagao Irrigation Project, Stage 2
New Nayong Pilipino at Entertainment City
On September 14, nine projects were approved by the NEDA board worth over P171 billion. These were:
P74.6-billion Ninoy Aquino International Airport (Naia) public-private partnership (PPP) project
P37.8-billion Metro Manila Bus Rapid Transit (BRT) in EDSA
P23.5-billion first phase of the Metro Manila Flood Management Project
P10.2-billion Inclusive Partnership for Agricultural Competitiveness project
P8-billion second phase of the Maritime Safety Capability Improvement project for the Philippine Coast Guard
P7.8-billion change in scope of the New Bohol Airport Construction and Sustainable Environment Protection project
P4.8-billion increase in area of Bicol International Airport’s passenger terminal building in Albay
P2.4-billion modernization of Eastern Visayas Regional Medical Center in Leyte
P2.2-billion modernization of Gov. Celestino Gallares Memorial Hospital in Bohol./rga
Read more: http://newsinfo.inquirer.net/844453/duterte-oks-7-infra-projects-worth-p270-billion#ixzz4Q3yj5KX6
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