Duterte is set to approve P307-B infrastructure budget - Duterte Latest News PH

Duterte is set to approve P307-B infrastructure budget

Cebu, Philippines- President Rodrigo Duterte is set to approve at least 10 infrastructure projects worth P307-billion next month in line with the administration’s goal to ramp up infra spending.

According to National Economic and Development Authority (Neda) Secretary Ernesto M. Pernia, among the other issues that needs to be addresses are the power cost and tax reform on Tuesday.

Meanwhile, Neda Investment Coordination Committee-Cabinet Committee (ICC-CabCom) submitted six projects for approval to the President.

The six projects were as follows:

• P68.26-billion Metro Manila Bus Rapid Transit (BRT) – 48.6-kilometer leg of the Metro Manila Bus Rapid Transit (BRT) connecting Edsa, Ayala Avenue, Ortigas Business District, Bonifacio Global City and Ninoy Aquino International Airport.

• P9.33-billion Plaridel Bypass Toll Road – The project involves the conversion of existing 2-lane Plaridel Bypass Road into a 4-lane toll road with expressway standards. The new 4-lane toll roads will improve the road capacity and save travel time of about 80 minutes per vehicle.

• P8.02-billion Phase II of the Maritime Safety Capability Improvement Project for the Philippine Coast Guard (PCG) – two 92-meter heavy weather, high endurance Multi-Role Response Vessels or MRVs. The project will strengthen PCG’s coast or watch patrol and search and rescue capabilities and help them comply with international commitments on maritime safety and security, and marine environmental protection.

• P2.4-billion modernization of the Eastern Visayas Regional Medical Center in Tacloban City. The proposal seeks to expand the hospital’s bed capacity from 325 to 500, transfer to a new site in Tacloban City, and establish a new IT system and medical equipment.

• P2.22-billion modernization of Gov. Celestrino Gallares Memorial Hospital Project -will expand the hospital’s 225-bed capacity to 500 and transfer to a new site in Cortez, Bohol from Tagbilaran City. It will also include site development, warehouse building, medical equipment, and IT systems.

• North-South Railway Project -653-kilometer south line is set to be undertaken through Public-Private Partnership (PPP) in two separate projects: The Commuter Line, from Tutuban to Los Baños, and the Long Haul Line, from Los Baños to Sorsogon with a branch from Calamba to Batangas City.

The Department of Transportation (DOT) was set to submit the adjusted project cost for the North-South Railway Project in which is estimated to go up as much as P170.7 billion due to technical re-bump on its gauge technology.

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Source: NEDA , inq



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