The construction of a new Dumaguete airport, rehabilitation of the MRT and the creation of the flood control system in Mindanao are among the seven “high impact projects,” which were approved by the Neda Board during its meeting on Thursday. Know more:
The construction of a new Dumaguete airport, rehabilitation of the Metro Rail Transit and the creation of the flood control system in Mindanao are among the seven “high impact projects,” which were approved by the National Economic and Development Authority Board during its meeting on Thursday.
“In the next six years, we can look forward to seeing more of our agencies and sectors working hand in hand toward creating a prosperous, inclusive, and resilient society,” he added.Among the said projects is the P6-billion University of the Philippines-Philippine General Hospital Cancer Center-the first Public Private Partnership project of the Marcos administration.
These include the new P17-billion Dumaguete Airport Development Project of the Department of Transportation , which will be partially funded by the Export Import Bank of Korea Economic Development Cooperation Fund. Also approved is the Mindanao Inclusive Agriculture Development Project of the Department of Agriculture , “which aims to increase agricultural productivity, resiliency and access to markets and services of organized farmers and fisherfolk groups” in ancestral domains in Mindanao.The ICC also gave its go signal for the first phase of the P20-billion Integrated Flood Resilience and Adaptation Project of the Department of Public Works and Highways .
The project will include the maintenance and resiliency enhancement of the CNS/ATM as well as the feasibility study for the independent back-up of the system.
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