MANILA, Philippines - The government is spending P2.01 billion for the installation of road safety devices and maintenance of national roads around the country.
The Department of Budget and Management (DBM) said it approved the release of the funds to the Department of Public Works and Highways (DPWH).
"Besides sustaining our spending performance for infrastructure and economic development, this fund release will also go a long way in improving road conditions for motorists. The continued implementation of infrastructure and road projects is even more crucial now, especially because the reopening of schools and the rainy season are just a month away," Budget and Management Secretary Florencio B. Abad said.
Of the total, P1.81 billion will cover preventive maintenance of 474.14 kilometers of national roads. The funds will be charged against the Special Road Support Fund under the Motor Vehicle User’s Charge Act.
The remaining P206 million will be allocated for the installation, application, and construction of road safety devices along national roads.
"The Aquino administration’s active implementation of road maintenance projects will help bring immediate and long-term benefits to our country’s road users, many of whom need to have better and easier access to schools, hospitals, market centers, tourism spots, and other strategic places of activity,” Abad said.
The Budget chief said the road safety devices will minimize the likelihood of road accidents.
For 2012, the DPWH will prioritize road asset preservation programs, traffic decongestion initiatives in Metro Manila and other urban areas, enhanced infrastructure support for tourism destinations, and flood control projects.