P900 billion worth of infra projects up for NEDA board OK | ABS-CBN
ADVERTISEMENT

Welcome, Kapamilya! We use cookies to improve your browsing experience. Continuing to use this site means you agree to our use of cookies. Tell me more!
P900 billion worth of infra projects up for NEDA board OK
P900 billion worth of infra projects up for NEDA board OK
Warren de Guzman,
ABS-CBN News
Published Apr 03, 2018 07:38 PM PHT

MANILA - Nine infrastructure projects worth P900 billion are up for the National Economic and Development Authority (NEDA) board's approval, including an unsolicited proposal to build an airport in Bulacan, an official said on Tuesday.
MANILA - Nine infrastructure projects worth P900 billion are up for the National Economic and Development Authority (NEDA) board's approval, including an unsolicited proposal to build an airport in Bulacan, an official said on Tuesday.
These projects were already approved by the NEDA Investment Coordination Committee and will now be taken up by the NEDA Board chaired by President Rodrigo Duterte, NEDA Undersecretary Rolando Tungpalan told reporters.
These projects were already approved by the NEDA Investment Coordination Committee and will now be taken up by the NEDA Board chaired by President Rodrigo Duterte, NEDA Undersecretary Rolando Tungpalan told reporters.
One of the projects up for the board's approval is San Miguel Corp's P700 billion unsolicited proposal to build and operate an airport in Bulacan.
One of the projects up for the board's approval is San Miguel Corp's P700 billion unsolicited proposal to build and operate an airport in Bulacan.
Also included are the building of 10 additional bridges crossing the Pasig River and the Subic-Clark railway.
Also included are the building of 10 additional bridges crossing the Pasig River and the Subic-Clark railway.
ADVERTISEMENT
Tungpalan also noted that China is stepping up efforts to finance projects under the government's Build Build Build (BBB) program. He said there is a new basket of projects being proposed by the Chinese, which includes regional airports.
Tungpalan also noted that China is stepping up efforts to finance projects under the government's Build Build Build (BBB) program. He said there is a new basket of projects being proposed by the Chinese, which includes regional airports.
However, these are raw proposals that cannot be disclosed to the public yet, he said.
However, these are raw proposals that cannot be disclosed to the public yet, he said.
Read More:
China
Build Build Build
Infrastructure
NEDA
National Economic and Development Authority
Bulacan airport
San Miguel Corp.
ADVERTISEMENT
ADVERTISEMENT