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Your email address will not be published.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

Headline2 weeks ago

Love in the Afternoon of Life

Love in later life—the 50s, 60s, 70s, and beyond—is a thriving, fulfilling reality. It offers companionship, improved well-being, and joy,...

Headline3 weeks ago

Your Most Important Relationship is With Yourself

Valentine’s Day shouldn’t be celebrated only for one day. Love should be celebrated everyday. Valentine’s Day, when expanded beyond romance,...

Headline1 month ago

The 2016 Trend Made Me Reflect On My Past & Present

Like many others, I couldn’t resist joining the 2016 throwback trend.  It was all over social media, with everyone sharing...

Headline2 months ago

How To Be Healthier Realistically

It’s a brand-new year and a brand new you! If you’re like me who had been indulging quite a bit...

Headline3 months ago

Celebrating The Spirit Of Christmas

For many people, Christmas is the loneliest time of the year — it could be due to the fact that...

Headline3 months ago

Fun Facts About Christmas

It’s definitely beginning to look and smell a lot like Christmas! The beautiful thing about Christmas is that it’s mandatory...

Lifestyle3 months ago

How To Keep The Music Playing

You and your partner or spouse have been in a long-term relationship. Somehow, over the years, the fizz has fizzled...

Headline3 months ago

Declutter Your Life

There will be days when we feel like too much is going on around us — too much unnecessary noise...

Health4 months ago

A Healthy Mind Matters

Like the rest of the world, I was deeply saddened and shocked when I read that TikTok influencer, Emman Atienza...

Columns5 months ago

We Are The Circle We Choose

There is a famous Japanese proverb that rings so true in our lives: “When the character of a man is...