QUEZON CITY (PIA) -- Filipinos can expect several infrastructure projects to be implemented under the administration of President Ferdinand R. Marcos Jr.
The National Economic and Development Authority (NEDA) is now finalizing a long list of flagship projects which are expected to be released at the end of the first quarter of 2023.
“So far, mga 206 iyong nasa listahan ngayon. And that’s just for iyong tinatawag nating magiging flagship. That could still be trimmed down... iyon nga tinitingnan natin iyong viability nito,” NEDA Undersecretary Rosemarie Edillon said.
[So far, there are 206 on the list which will be considered flagship projects. But this could still be trimmed down and reviewed for the viability of its implementation.]
The administration had an initial release of seven priority high-impact projects last week which is expected to significantly contribute to achieving the administration’s social and economic transformation goal for the Philippines.
- Establishment of the P6-billion, 300-bed capacity University of the Philippines (UP)-Philippine General Hospital (PGH) Cancer Center;
- Construction of the P17-billion new Dumaguete Airport Development Project in Bacong, Negros Oriental;
- P6.6-billion Department of Agriculture’s Mindanao Inclusive Agriculture Development Project (MIDP);
- Implementation of the P20-billion first phase of the Integrated Flood Resilience and Adaptation Project in three major river basins in the country;
- Davao Public Transport Modernization project;
- Metro Rail Transit Line 3 (MRT-3) rehabilitation; and
- Utilization of the Japan International Cooperation Agency (JICA) loan balance of P2.12 billion for the new Communications, Navigation, Surveillance-Air Traffic Management (CNS-ATM) system maintenance and resiliency enhancement.
The socioeconomic planning official also said these government projects will be funded through various arrangements such as public-private partnership (PPP), grants, and government allocation.
The implementation of these projects is expected to greatly help the government achieve its targets of economic growth, increased employment, and poverty reduction. (KSAA – PIA CPSD)