Connect with us

Business and Economy

6 projects up for NEDA board approval next year

Published

on

The National Economic and Development Authority (NEDA) board is set to deliberate on six infrastructure projects, including the PHP37.6 billion worth of new projects for approval next year. (Photo by Brian Evans/Flickr, CC BY-ND 2.0)

The National Economic and Development Authority (NEDA) board is set to deliberate on six infrastructure projects, including the PHP37.6 billion worth of new projects for approval next year. (Photo by Brian Evans/Flickr, CC BY-ND 2.0)

MANILA — The National Economic and Development Authority (NEDA) board is set to deliberate on six infrastructure projects, including the PHP37.6 billion worth of new projects for approval next year.

“NEDA approved 20 projects this year and we expect to have six more. The six projects we are trying to secure NEDA board (approval) through ad referendum, these are for clearance,” NEDA Assistant Secretary for Investment Programming Jonathan Uy told reporters on Thursday.

Uy said the three new projects include the Safe Philippines Project, the Bridge Construction Acceleration Project and the acquisition of six marine disaster response helicopters for the Philippine Coast Guard.

The PHP20.21-billion Safe Philippines Project of the Department of the Interior and Local Government (DILG) aims to strengthen the capabilities of local government units (LGUs) in managing public order and safety through the construction of 18 integrated operations and command centers that are equipped with video surveillance systems and a remote backup data center.

Uy said the NEDA board is also expected to tackle the additional financing for the new Bohol Panglao International Airport, the completion of Samar Pacific Coastal Road Project, and resolve the legal issues in Jalaur River Multipurpose Project in Iloilo.

He further said the government targets to roll out 12 to 15 projects next year.

 

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Maria in Vancouver

Lifestyle4 days ago

Nobody Wants This…IRL (In Real Life)

Just like everyone else who’s binged on Netflix series, “Nobody Wants This” — a romcom about a newly single rabbi...

Lifestyle2 weeks ago

Family Estrangement: Why It’s Okay

Family estrangement is the absence of a previously long-standing relationship between family members via emotional or physical distancing to the...

Lifestyle2 months ago

Becoming Your Best Version

By Matter Laurel-Zalko As a woman, I’m constantly evolving. I’m constantly changing towards my better version each year. Actually, I’m...

Lifestyle2 months ago

The True Power of Manifestation

I truly believe in the power of our imagination and that what we believe in our lives is an actual...

Maria in Vancouver3 months ago

DECORATE YOUR HOME 101

By Matte Laurel-Zalko Our home interiors are an insight into our brains and our hearts. It is our own collaboration...

Maria in Vancouver3 months ago

Guide to Planning a Wedding in 2 Months

By Matte Laurel-Zalko Are you recently engaged and find yourself in a bit of a pickle because you and your...

Maria in Vancouver4 months ago

Staying Cool and Stylish this Summer

By Matte Laurel-Zalko I couldn’t agree more when the great late Ella Fitzgerald sang “Summertime and the livin’ is easy.”...

Maria in Vancouver5 months ago

Ageing Gratefully and Joyfully

My 56th trip around the sun is just around the corner! Whew. Wow. Admittedly, I used to be afraid of...

Maria in Vancouver5 months ago

My Love Affair With Pearls

On March 18, 2023, my article, The Power of Pearls was published. In that article, I wrote about the history...

Maria in Vancouver6 months ago

7 Creative Ways to Propose!

Sometime in April 2022, my significant other gave me a heads up: he will be proposing to me on May...