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Manila Bulletin devider Business devider DBM allots P882B to DPWH for 2024 infra projects

DBM allots P882B to DPWH for 2024 infra projects

Published Sep 4, 2023 06:47 am

At A Glance

  • The Department of Budget and Management (DBM) has allocated P882.2 billion to the Department of Public Works and Highways (DPWH) for socio-economic development initiatives.<br>The DPWH will prioritize the construction of public facilities, including roads and bridges, to stimulate economic recovery after the pandemic.<br>Major DPWH programs include Flood Management, Convergence and Special Support Program, and Network Development.<br>The Flood Management program has a budget of P215.6 billion for 965 projects aimed at flood mitigation.<br>The Convergence and Special Support Program has a proposed budget of P174.089 billion.<br>Network Development will receive P148.112 billion for the construction of new roads and the improvement of existing ones.<br>The Tourism Road Infrastructure Program has a budget of P13.968 billion for access roads to tourism destinations.<br>The Roads Leveraging Linkages for Industry and Trade Infrastructure Program has a budget of P10.02 billion.<br>The proposed 2024 DPWH budget will cover operational requirements and the implementation of local and foreign-assisted programs.

The Department of Budget and Management (DBM) said it has allocated P882.2 billion to the Department of Public Works and Highways (DPWH) for next year to expedite the government’s socio-economic development initiatives.

Budget Secretary Amenah F. Pangandaman said the DPWH's proposed budget will support the Marcos administration's 8-Point Socioeconomic Agenda by creating jobs and reducing transportation costs in the Build Better More Program.

“As highlighted by the President during his second State of the Nation Address (SONA), infrastructure development is one of the key drivers of our continuing economic growth. As such, we will sustain this momentum through the Build Better More Program,” Pangandaman said.

She said that DPWH's top priority is to construct additional public infrastructure, such as roads and bridges, to facilitate the country's recovery from the economic setbacks endured during the Covid-19 pandemic.

For 2024, the DPWH has allocated P215.643 billion to the Flood Management program, P174.089 billion to the Convergence and Special Support Program, and P148.112 billion to Network Development, which will involve the construction, widening, and improvement of various roads.

Likewise, the Tourism Road Infrastructure Program has a dedicated budget of P13.968 billion to construct access roads leading to designated tourism destinations, and P10.02 billion is allocated to the Roads Leveraging Linkages for Industry and Trade Infrastructure Program.

Additionally, P3.8 billion is set aside for the Tatag ng Imprastraktura para sa Kapayapaan at Seguridad (TIKAS) Program for military and police facilities, and P15.232 billion for the Special Road Fund, which will be used for the construction, upgrading, repair, and rehabilitation of roads, bridges, and road drainage.

Lastly, the Quick Response Fund (QRF) has a budget of P1.0 billion and will be used for reconstruction and rehabilitation efforts in areas affected by calamities, epidemics, crises, and catastrophes.

The proposed 2024 DPWH budget will cover operational requirements and the implementation of local and foreign-assisted programs.

Related Tags

Department of Public Works and Highways Department of Budget and Management Budget Secretary Amenah F. Pangandaman
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