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Nine infra projects worth Php 738-B up for NEDA approval

Nine infra projects worth Php 738-B up for NEDA approval image

Eric Tipan / PH Government | June 23, 2017 10:22

President Duterte expected to approve Php 738 billion worth of infra projects

Motorists, brace yourself for a lot more construction if you expect a reduction in vehicular traffic in the coming years.

Nine infra projects worth Php 738-B up for NEDA Board approval

Nine infrastructure projects are in line for approval by the National Economic and Development Authority (NEDA) Board headed by President Rodrigo Duterte when it convenes next week. 

Worth a total of Php 738 billion, it includes five transportation-related projects while the other four are the Php 15.35-billion Clark International Airport New Terminal Building Project, the Php 10.86-billion New Centennial Water Source-Kaliwa Dam Project, the Php 8.9-billion Cavite Industrial Area Flood Management Project, and the Php 2.67-billion Chico River Pump Irrigation Project.

According to NEDA Director General Ernesto Pernia, the administration will focus on projects that will reduce traffic and that can be finished within three years.

Top priority are the Php 230-billion Mega Manila subway project, the Php 151-billion Philippine National Railways (PNR) Long-haul (Calamba-Bicol), the Php 150-billion Malolos-Clark Airport-Clark Green City Rail, the Php 134-billion PNR South Commuter Line (Tutuban-Los Banos) and the Php 35.3-billion Mindanao Railway Project-Tagum-Davao-Digos.

“These are the ones that seem to be needed by the people and would help decongest Metro Manila. Many of them are going to break ground this year. And many of them are pretty ambitious like a subway in Metro Manila,” said Pernia.