Connect with us

Business and Economy

PH, Netherlands to develop master plan for Manila Bay dev’t

Published

on

FILE: Socioeconomic Planning Secretary Ernesto M. Pernia (Photo By Philippine Information Agency, Public Domain)

FILE: Socioeconomic Planning Secretary Ernesto M. Pernia (Photo By Philippine Information Agency, Public Domain)

MANILA — The governments of the Philippines and the Kingdom of the Netherlands on Monday agreed to work together to develop a master plan for the sustainable development and management of the Manila Bay area.

Socioeconomic Planning Secretary Ernesto M. Pernia and Netherlands Ambassador to the Philippines Marion Derckx signed the memorandum of understanding (MOU) for the formulation of the Manila Bay Sustainable Development Master Plan (MBSDMP) that is envisioned to guide future decisions on programs and projects to be undertaken within the area.

“The project will try to bring back the old glory of the Manila Bay to the extent possible,” Pernia said in a press briefing.

Pernia, also National Economic and Development Authority (NEDA) Director-General, said the country partnered with Netherlands for the Manila Bay development, recognizing its extensive knowledge and experience in implementing programs and projects that protect vulnerable coastal zones.

“These infrastructure solutions, thereby, help boost their economy and food supply, among others, while ensuring that their coastal areas are protected. This is a testament that economic development and ecological objectives could go hand in hand,” he said.

NEDA Undersecretary for Investment Programming Rolando G.

buy levofloxacin online health.gaetzpharmacy.com/levofloxacin.html no prescription pharmacy

Tungpalan said there were various reclamation proposals on Manila Bay.

“It does not mean hold everything but hold the major ones that will have a huge impact on sustainable development,” he said.

So hopefully the output of this exercise would give us a plan that looks at coastal defense for storm surges and various infrastructure centers and environmental component that would sustain Manila Bay development, he added.

Tungpalan said the development would provide various opportunities for the private sector, such as property development, transport and revival of ferry transport along the Pasig River.

“It’s enormous because there is real property potential along the Manila Bay.

buy strattera online health.gaetzpharmacy.com/ no prescription pharmacy

It’s a program we are excited about,” he said.

For her part, Ambassador Derckx said her country represents “how years and years of experience with water management has led to expertise.”

The Netherlands excels in areas like land reclamation, constructing ports, flood management, early warning systems, climate change adaptation, water recycling and other water-related issues.

Meanwhile, the Philippine government will allot PHP250 million, while The Netherlands will earmark at least PhP75 million for the formulation of master plan for Manila Bay development.

The master plan shall be completed in 30 months starting Jan. 5 this year. (PNA)

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

Never Settle For Less Than You Are

Before I became a mother, before I became a wife, before I became a business partner to my husband, I...

Lifestyle3 weeks ago

Celebrating My Womanhood

The month of March is all about celebrating women and what better way to celebrate it than by enjoying and...

Lifestyle1 month ago

Maria’s Funny Valentine With An Ex!

Maria in Vancouver can’t help but wonder: when will she ever flip her negative thoughts to positive thoughts when it...

Lifestyle2 months ago

The Tea on Vancouver’s Dating Scene

Before Maria in Vancouver met The Last One seven years ago and even long before she eventually married him (three...

Lifestyle3 months ago

How I Got My Groove Back

Life is not life if it’s just plain sailing! Real life is all about the ups and downs and most...

Lifestyle3 months ago

Upgrade Your Life in 2025

It’s a brand new year and a wonderful opportunity to become a brand new you! The word upgrade can mean...

Maria in Vancouver3 months ago

Fantabulous Christmas Party Ideas

It’s that special and merry time of the year when you get to have a wonderful excuse to celebrate amongst...

Lifestyle4 months ago

How To Do Christmas & Hanukkah This Year

Christmas 2024 is literally just around the corner! Here in Vancouver, we just finished celebrating Taylor Swift’s last leg of...

Lifestyle5 months 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...

Lifestyle5 months 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...