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Your email address will not be published.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

Lifestyle1 week ago

Dr. David Suzuki’s Legacy: A Celebration at 90

Celebrating Dr. David Suzuki’s 90th birthday on Friday, May 22  was a true privilege and a great pleasure! My husband,...

Lifestyle2 weeks ago

What I Know Now About Motherhood

Did you know that a mother’s cells can live in her child’s body for their entire lives? This fascinating phenomenon...

Headline1 month ago

Age with Audacity

At 25, I imagined life at 50 would mean I’d be past my prime and grumpy.  Little did I know,...

Lifestyle1 month ago

Spring Clean Your Body, Mind and Home

Spring has sprung! This season is perfect for spring cleaning, but why stop at our homes?  We can also rejuvenate...

Lifestyle2 months ago

Hear Us Roar

There is absolutely nothing wrong with a woman who wants her happily ever after. I certainly did. After 21 years...

Lifestyle3 months ago

The Real Rich

Margaret Atwood aptly captured this dynamic with the phrase, “Old money whispers, new money shouts.”  Let me elaborate on this...

Headline3 months 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,...

Headline4 months 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,...

Headline4 months 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...

Headline5 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...