Samar I registers 80.48 percent accomplishment of CY 2017 infra projects

DPWH Samar First District Engineering Office closed the preceding year with an accomplishment of 80.48 percent on all its regular infrastructure projects under the General Appropriations Act (GAA)......»»

Category: newsSource: samarnews samarnewsFeb 13th, 2018

DPWH: 2017 Projects at 91.34 percent

The Department of Public Works and Highways Samar First District Engineering Office (DPWH-SFDEO) reports a 91.34 percent accomplishment on its 2017 Regular Infrastructure Projects......»»

Category: newsSource:  samarnewsRelated NewsMay 17th, 2018

DPWH-Biliran DEO’s 2017 projects is on-going with 74.16 percent accomplishment

As of May 31, 2018, the Department of Public Works and Highways (DPWH)- Biliran District Engineering Office has an accomplishment of 74.16 percent for 57 total projects under year 2017 infrastructure program......»»

Category: newsSource:  samarnewsRelated NewsJun 26th, 2018

DPWH-Biliran DEO’s 2017 projects posts 67.93 percent accomplishment

Biliran DEO posts 67.93 percent accomplishment for 2017 projects with a negative slippage of 5.55 percent as of March 31, 2018......»»

Category: newsSource:  samarnewsRelated NewsApr 28th, 2018

DPWH-Biliran DEO delivered project accomplishment ahead of the planned target as of August, this year

The District Engineering Office has sticked to its promise of fast-tracking the CY 2017 Infrastructure Projects as the district delivered 40.41 percent accomplishment ahead from the planned target accomplishmentt......»»

Category: newsSource:  samarnewsRelated NewsOct 19th, 2017

DPWH-Biliran DEO ending the year with 91.84 percent accomplishment of 2016 infra projects

DPWH Biliran District Engineering Office (BDEO) ends the year with high accomplishment posting 91.84 percent surpassing the 85 percent district target set by the DPWH Central Office......»»

Category: newsSource:  samarnewsRelated NewsFeb 23rd, 2017

Gov’t speeds up spending on infra

Gov’t speeds up spending on infra Mary Grace Padin MANILA, Philippines - The government is aiming to accelerate infrastructure development this year through reforms in the procurement and implementation of projects, the Department of Budget and Management (DBM) said yesterday. In a statement, the DBM said the improved set of implementing rules and regulations of Republic Act 9184 or the Procurement Law would help expedite the launch and completion of infrastructure programs in the pipeline. Reforms in the execution of projects, such as the introduction of geo-tagging for improved project monitoring and allowing non-stop construction work to hasten project completion, will also be implemented. “The bold reforms, the pipeline of projects, the hardworking and assertive administration, and the participative citizenry – these will make the dream of making the next six years the Golden Age of Infrastructure achievable,” Budget Secretary Benjamin Diokno said. The government has allocated a total of P847.2 billion for nationwide infrastructure projects this year, up 13.8 percent from a year ago. The amount also accounted for about 25 percent of this year’s budget. Under the General Appropriations Act approved by President Duterte last December, the bulk, or P349.1 billion of the infrastructure budget was allotted to the Department of Public Works and Highways (DPWH), the Department of Agriculture, the Autonomous Region in Muslim Mindanao, and other government agencies and local government units. More than P125 billion was also granted to the Department of Education for the construction and repair of basic education facilities, primary school buildings and technical-vocational laboratories. According to the DBM, the biggest chunk of budget for road construction this year went to the road network services with P216.9 billion, 33.4 percent higher than the 2016 allocation. More than P31.1 billion was allocated for Mindanao Logistics Infrastructure Network project, which will provide highways and bridges across Mindanao to connect cities and provinces to ports and production areas. Other major road projects in 2017 include the P1.5 billion UP-Miriam-Ateneo Viaduct in Katipunan Ave., Quezon City and the P1.2 billion road widening project in the General Luis-Kaybiga-Polo-Novaliches Road, among others. The government has also allotted a total of P12.3 billion for the construction and maintenance of access roads to tourist destinations. The Department of Transportation (DOTr), for its part, will spearhead the construction of bus transport systems that are envisioned to provide efficient, comfortable and inexpensive transportation to commuters in Metro Manila and Cebu......»»

Category: financeSource:  philstarRelated NewsJan 30th, 2017

Northwest Leyte infra projects construction in full swing

Ormoc City — The Leyte 4th District Engineering Office (DEO) has finished 73.84 percent of its regular infrastructure projects for 2016. District Engineer Lino Francisco Gonzales said the figure is higher than their target accomplishment of 67 perc.....»»

Category: newsSource: NewsAug 11th, 2016

Infra spending up 50% in 10 months

Construction of more roads, health facilities, school buildings as well as local projects in Mindanao nearly doubled the national government's infrastructure expenditures in October to P94.4 billion, Budget Secretary Benjamin Diokno said on Wednesday.   The latest Department of Budget and Management data showed that disbursements on infrastructure and other capital outlays jumped 83.4 percent in October from P51.5 billion a year ago.   In a press conference, Diokno explained that "billing claims and payments for completed infrastructure projects were made" that month.   Infrastructure spending in October also exceeded September's P65.2 billion.   ...Keep on reading: Infra spending up 50% in 10 months.....»»

Category: newsSource:  inquirerRelated NewsDec 12th, 2018

DPWH directs all contractors to finish all infra projects this year

BORONGAN CITY, October 2 (PIA) -- District Engineer Manolo A. Rojas of the Department of Public Works and Highways (DPWH) - Eastern Samar District Engineering Office (ESDEO) directed all contractor.....»»

Category: newsSource:  philippinetimesRelated NewsOct 2nd, 2018

DPWH-Biliran DEO hastens project implementation for on-going projects

DPWH Biliran District Engineering Office (DEO) continues to show progress on its 2018 project implementation with an increase of 13.11 percent accomplishment from the previous month......»»

Category: newsSource:  samarnewsRelated NewsSep 30th, 2018

Biliran DEO orders contractors to fast track delayed projects

Biliran DEO wants the contractors to accelerate their work in order to meet the 15 percent monthly target accomplishment of the district......»»

Category: newsSource:  samarnewsRelated NewsAug 27th, 2018

COA flags setbacks in DepEd’s P20-billion classroom PPP project

The Commission on Audit (COA) has called out the Department of Education over various "setbacks" in the implementation of the P20.14-billion public-private partnership projects meant to address the shortage in public school classrooms. The COA also found that an astounding 99 percent of the beneficiary schools under the DepEd Computerization Program had not received the information and communications technology packages. In its 2017 annual audit report, the COA said DepEd should look into the possibility of imposing "necessarily and appropriate penalty" on the contractors because delays in the PPP for School Infrastructure Program had defeated its purpose. A total of 1,327, or 3...Keep on reading: COA flags setbacks in DepEd’s P20-billion classroom PPP project.....»»

Category: newsSource:  inquirerRelated NewsAug 12th, 2018

Infra spending up 41.6% to P352.7B in first half

Government spending on infrastructure in the first half jumped 41.6 percent to P352.7 billion, exceeding the six-month target, as disbursements for some projects were front-loaded ahead of schedule.....»»

Category: newsSource:  philippinetimesRelated NewsAug 2nd, 2018

Infra gets lion’s share in Ilocos 2019 budget

VIGAN CITY — The infrastructure sector was allotted with ₱71 billion which comprise 54.8 percent of the region’s ₱129 billion allocation for the 2019 proposed budget, the National Economic and Development Authority (NEDA-1) regional office bared last June. The Department of Public Works and Highways will implement the projects......»»

Category: newsSource:  nordisRelated NewsJul 22nd, 2018

Despite ‘Build, Build, Build’ push, DPWH spent only a third of 2017 budget

The Duterte administration's infrastructure push continues to be hampered by bureaucratic bottlenecks, as shown by the Department of Public Works and Highways' use of only a third of its P662.69-billion funding in 2017. Even as the DPWH vastly improved its ability to earmark its budget for various purposes, the Commission on Audit found a slight decline in the agency's actual spending of the funds. In its 2017 annual audit report, the COA said only P222.66 billion, or 33.6 percent, of the DPWH's allotment was disbursed "due to the delayed/non-implementation of infrastructure projects." The year 2017 saw a slight dip from the disbursement rates of 34.14 percent (P185.12 billi...Keep on reading: Despite ‘Build, Build, Build’ push, DPWH spent only a third of 2017 budget.....»»

Category: newsSource:  inquirerRelated NewsJul 8th, 2018

Clark Infrastructure Pushes Central Luzon Growth to 9.3%

Key infrastructure developments in Clark are boosting Central Luzon’s gross domestic product (GDP) which grew to 9.3 percent in 2017, almost three percent higher than the country’s GDP of 6.7 percent for the same year. Central Luzon business chambers attributed the growth to the high-impact projects under the Build Build Build Infrastructure Program including the […].....»»

Category: newsSource:  metrocebuRelated NewsMay 28th, 2018

Borrowing limits eased for infra project financing

Monetary authorities have moved to relax borrowing limits to spur bank lending for infrastructure projects. The Bangko Sentral ng Pilipinas on Thursday said that its policymaking Monetary Board had approved a separate single borrower’s limit (SBL) — currently at 25 percent of a bank or quasi-bank’s (QB) net worth — for special purpose entities (SPEs) [...] The post Borrowing limits eased for infra project financing appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsApr 27th, 2018

Infra spending expected to boost GDP growth to 6.8%

The Asean+3 Macroeconomic Research Office (Amro) raised to 6.8 percent its 2018 growth forecast for the Philippines with the massive "Build, Build, Build" program expected to boost economic expansion. "After expanding by 6.7 percent in 2017, the Philippine economy is expected to grow by 6.8 percent in 2018 and 6.9 percent in 2019 as exports remain buoyant while budget execution gradually improves," the regional macroeconomic surveillance organization said in a statement. In January, Amro slightly cut to 6.7 percent from 6.8 percent previously its gross domestic product growth forecast for the Philippines, citing "the softening of private sector demand from the third-quarter 2017 GD...Keep on reading: Infra spending expected to boost GDP growth to 6.8%.....»»

Category: newsSource:  inquirerRelated NewsMar 17th, 2018

Eastern Visayas welcomes 2018 with 4.5 percent inflation rate

Three provinces in the region – Northern Samar, Eastern Samar, and Biliran posted faster inflation rates in January 2018 compared with their figures in December 2017......»»

Category: newsSource:  samarnewsRelated NewsMar 15th, 2018

Petron 2017 income jumps 30%

Petron Corp. yesterday said its consolidated net income surged by 30 percent to P14.1B in 2017 from P10.8 billion in the previous year given strong retail volumes. "We were able to capture the increase in fuel demand with the robust growth of the Philippine and Malaysian economies," Petron president and chief executive Ramon S. Ang said in a statement. "Underpinned by large-scale infrastructure projects, we see strong demand growth in both markets over the medium-term and this bodes well for our business," Ang said. Similarly, the oil refiner's consolidated sales revenue jumped by 26 percent to P434.6 billion last year from P343.8 billion in 2016. Further, operating income le...Keep on reading: Petron 2017 income jumps 30%.....»»

Category: newsSource:  inquirerRelated NewsMar 14th, 2018