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DPWH completes infra projects in Aurora, Ecija
DPWH completes infra projects in Aurora, Ecija.....»»
DENR mobilizing $278 million foreign-funded projects
The Department of Environment and Natural Resources is mobilizing over $278 million worth of foreign-funded projects this year for biodiversity, climate change and environment programs to strengthen environmental resiliency and sustainability in local government units......»»
NEDA approves 23 new priority infrastructure projects
The National Economic and Development Authority Board has approved the inclusion of 23 projects in the list of infrastructure flagship projects to be prioritized under the current administration, bringing the total cost to P9.14 trillion......»»
Cebu City: DEPW completes 7 projects worth P26.5M, 27 more to follow
CEBU CITY, Philippines – The Department of Engineering and Public Works (DEPW) in Cebu City has already completed the implementation of seven projects amounting to P26.5 million, while 27 more are already in the pipeline. Engineer Niva Bayucot, acting head of DEPW, said that the seven projects were funded from the Local Development Fund (LDF)......»»
Uncertainty looms over Davao-Samal Bridge project amid RoW hurdles
The construction of the Samal Island-Davao City Connector (SIDC), also known as the Davao-Samal Bridge project, has faced numerous setbacks due to right-of-way (ROW) acquisition challenges. The project was halted on January 3, 2024, due to issues with landowners near a pier in Lanang at Davao City, leading to delays in the project's implementation. While there have been conflicting statements regarding the project's status, the National Economic and Development Authority-Davao Region (Neda-Davao) aims to complete the detailed engineering plans for the substructure of the west land via dock once the Deed of Transfer Possession in Davao City is released. However, ROW issues continue to persist. Despite these challenges, the project is still considered a priority and is included in the Davao Region Development Plan (DRDP) for 2023–2028. The project is funded through China’s Official Development Assistance with an estimated budget of P23.04 billion, and negotiations with the Philippine government are ongoing with a target completion date in 2027. The uncertainty surrounding the project's timeline remains as ROW hurdles persist, impacting the much-anticipated toll-free four-lane concrete exodus bridge spanning a 3.98-kilometer distance......»»
Near-target 2023 GDP growth acceptable amidst economic challenges – Neda chief
INQUIRER/ MARIANNE BERMUDEZ MANILA, Philippines — The country’s chief socioeconomic planner, Secretary Arsenio Balisacan of the National Economic and Development Authority (Neda), said that a 2023 economic growth slightly lower than the previous year’s 7.6 percent but near the government’s 6 to 7 percent target range would be considered acceptable, given the challenges faced by the.....»»
Prime Infra unit starts first auto MRF plant
Prime Integrated Waste Solutions Inc., a subsidiary of Enrique Razon’s Prime Infra, has inaugurated the country’s first automated materials recovery facility (MRF) that will help address solid waste management problems......»»
P173-M infra projects in Cotabato barangays up
The Cotabato provincial government has enlisted the support of the local communities in monitoring 24 new infrastructure projects, costing P173 million, in different barangays intended to boost the investment potentials of the province......»»
Trabaho Para sa Bayan Act Implementing Rules Now Inked
The Inter-Agency Council Trabaho Para sa Bayan Act (TPB-IAC) officially signed the implementing rules and regulations (IRR) on March 12, 2024, at the NEDA Central Office in Mandaluyong. The Trabaho Para sa Bayan Plan Act or Republic Act 11962 implementing rules was signed by was signed by National Economic and Development Authority (NEDA) Secretary Arsenio […].....»»
NEWS BRIEFS | Misamis Oriental Updates, 31 January 2024
P12.75 billion ok’d for Laguindingan airport expansion The National Economic Development Authority (NEDA) said it approved the expansion of Laguindingan Airport in Misamis Oriental, which has become the most overcrowded airport in the region. NEDA Secretary Arsenio Balisacan approved the “parameters, terms, and conditions of the upgrade of the airport,” Mindanao’s second busiest airport. The […].....»»
NEDA Chief: More reforms needed to unlock full benefits of Cha-cha
MANILA, Philippines —Socioeconomic Planning Secretary Arsenio Balisacan on Saturday reiterated his support for the proposed amendments particularly to the restrictive economic provisions of the Constitution. Those changes, the National Economic and Development Authority (Neda) chief said in a statement, are crucial for the economic advancement and competitiveness of the Philippines. Balisacan issued the statement to.....»»
Infrastructure projects get better loan terms from Japan
The Philippines has secured better financing terms for two big-ticket infrastructure projects funded by the Japanese government aimed at improving public transport and road connectivity......»»
FACT CHECK: Vlog posts misleading facts and photos of BBM’s infra projects
While the video accurately listed the pending infrastructure of the administration, it incorrectly used photos that were taken from other countries to refer to certain local projects......»»
Batanes seaport to be funded by US
A plan is underway to construct a United States-funded civilian port in Batanes, chosen for its strategic significance and proximity to Taiwan......»»
DPWH to fund P5.385B worth of projects in Lapu-Lapu in 2025
LAPU-LAPU CITY, Cebu — The Department of Public Works and Highways (DPWH) will fund P5.385 billion worth of projects for Lapu-Lapu City in 2025. These projects were submitted to Mayor Junard “Ahong” Chan during its City Development Council (CDC) meeting. The amount has four components, which consist of the Asset Preservation Program, National Road Network.....»»
Cebu City sets 14 road opening, widening projects worth P3.8B
CEBU CITY, Philippines – The Cebu City government is set to implement 14 road opening and widening projects this year in a bid to ease traffic. Engr. Miralex Toribio, acting assistant city engineer of the Department of Engineering and Public Works (DEPW), disclosed that around P3.8 billion worth of road opening and widening projects.....»»
Government to address price hikes – NEDA
The government is stepping up efforts to address price increases in basic commodities such as rice following a recent survey indicating that Filipinos are dissatisfied with efforts to manage inflation, according to the National Economic and Development Authority......»»
Philippine government retains 6.5 to 7.5 pct GDP growth target for 2024
MANILA, Jan. 26 (Xinhua) -- National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan on Friday expressed optimism that the Philippine government will achieve a gross domestic product growth of 6.5 percent to 7.5 percent in 2024. "This growth will be supported by low and manageable inflation, a labor force with access to more and better jobs, a stronger fiscal position in the form of a lower.....»»
Philippine government retains 6.5 to 7.5 pct GDP growth target for 2024
MANILA, Jan. 26 (Xinhua) -- National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan on Friday expressed optimism that the Philippine government will achieve a gross domestic product growth of 6.5 percent to 7.5 percent in 2024. "This growth will be supported by low and manageable inflation, a labor force with access to more and better jobs, a stronger fiscal position in the form of a lower.....»»
Government sticks to 6.5-7.5 percent growth target for 2024
Despite global and domestic headwinds, the government is still aiming to attain a 6.5 to 7.5 percent economic growth for this year, according to National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan......»»