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President Marcos: Look for new fund source for Mindanao railway
President Marcos yesterday ordered the transportation and finance departments to look for funds for the Tagum-Davao-Digos railway, a project that has been stalled after the government decided to no longer tap Chinese loans for its financing......»»
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.....»»
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......»»
185 infrastructure projects to take off after PPP rules signing
An estimated P9.14 trillion worth of 185 flagship projects under the administration of President Marcos may soon commence, following the signing of the implementing rules and regulations of Republic Act 11966 or the Public-Private Partnership Code, lawmakers said......»»
Fines, guidelines sought to address road projects that cause traffic
The rising traffic congestion in Davao City due to many ongoing road infrastructure projects is being tackled by the Davao City Council in the past few months......»»
Xinhua world economic news summary at 0900 GMT, Jan. 14
MANILA -- The approved investment projects in 2023 amounted to 1.26 trillion pesos (roughly 22.5 billion U.S. dollars) in 2023, 73 percent higher than in 2022, Philippine Department of Finance (DOF) said Sunday. Citing an updated report of Board of Investments (BOI), the DOF said in a press release that the approved investments comprised 311 projects, mainly on renewable energy, telecommunication infrastructure,.....»»
Xinhua world economic news summary at 0900 GMT, Jan. 14
MANILA -- The approved investment projects in 2023 amounted to 1.26 trillion pesos (roughly 22.5 billion U.S. dollars) in 2023, 73 percent higher than in 2022, Philippine Department of Finance (DOF) said Sunday. Citing an updated report of Board of Investments (BOI), the DOF said in a press release that the approved investments comprised 311 projects, mainly on renewable energy, telecommunication infrastructure,.....»»
Quick rollout of PPPs to boost economic growth
The rollout of more infrastructure projects that involve the private sector is expected to prop up economic growth with the government likely to make up for its lagged spending last year, according to banking giant UBS......»»
‘Mining should be part of government priority projects’
The government should include mining in its investment priority projects and extend more fiscal incentives to further attract investments in the sector, according to the Chamber of Mines of the Philippines......»»
DBM: Infrastructure, capital expenditures breach P1 trillion
Expenditures of the national government for infrastructure and other capital outlays grew to P1.02 trillion from January to November 2023 from only P861.8 billion in the same period in 2022, according to the Department of Budget and Management......»»
Infrastructure spending hits lowest level in November
Government spending for infrastructure dropped to a year-low in November last year even after state agencies were ordered to catch up on their expenses to boost economic growth......»»
World Bank urges Philippines to address funding, infrastructure challenges
The Philippines need to address challenges in terms of funding, lack of digital infrastructure and technical competencies as local government units are looking to develop smart cities, the World Bank said......»»
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.....»»
Philippines approved investment projects up 73 pct in 2023
MANILA, Jan. 14 (Xinhua) -- The approved investment projects in 2023 amounted to 1.26 trillion pesos (roughly 22.5 billion U.S. dollars) in 2023, 73 percent higher than in 2022, Philippine Department of Finance (DOF) said Sunday. Citing an updated report of Board of Investments (BOI), the DOF said in a press release that the approved investments comprised 311 projects, mainly on renewable energy, telecommunicati.....»»
Philippines approved investment projects up 73 pct in 2023
MANILA, Jan. 14 (Xinhua) -- The approved investment projects in 2023 amounted to 1.26 trillion pesos (roughly 22.5 billion U.S. dollars) in 2023, 73 percent higher than in 2022, Philippine Department of Finance (DOF) said Sunday. Citing an updated report of Board of Investments (BOI), the DOF said in a press release that the approved investments comprised 311 projects, mainly on renewable energy, telecommunicati.....»»
Fast track consenting in the fast lane
The Government is progressing changes to resource management laws as part of its 100 Day Action Plan, with the first steps taken to establish a new fast-track consenting one-stop shop regime."This new regime, which forms part of National's coalition agreement with New Zealand First, will improve the speed and process for resource approvals for major infrastructure projects, unlocking opportuni.....»»
‘Use PPPs for infrastructure, not to raise revenues’
A member of a losing consortium in the privatization of the Ninoy Aquino International Airport has urged government to stop using revenue gains as a bid parameter in awarding public-private partnership projects......»»
Learn how to monitor, evaluate government programs and projects
Pursuant to National Budget Circular 565 mandated by the Department of Budget and Management, key LGU officials and officers are required to strengthen their institution’s results-based monitoring, evaluation, and reporting of all government programs and projects......»»
Government pushes P839 billion water infrastructure projects
“Many of our communities still suffer from a lack of potable water while others endure the devastating effects of flooding year after year due to climate change.”.....»»
Razon unit strengthens exposure in water infrastructure
The Razon Group’s joint venture with a privately owned Australian construction company plans to beef up its presence in the water infrastructure space to support its growth in the coming years......»»