President Marcos said that the newly signed agreements for five infrastructure projects in the country will have a transformative impact on the lives of Filipinos, especially those living in Cebu, Bohol, Dumaguete, and Siargao. MPC pool Marcos said this as he witnessed the signing of various...
The Department of Energy (DOE) is firming up a policy that will reduce the performance bond requirement for offshore wind projects to a leaner five percent, a departure from the typical 20 percent required in green energy auctions (GEA) for other renewable energy (RE) technologies. At a year-end...
The Asian Development Bank (ADB) has approved a $30 million loan to support the government’s public-private partnership (PPP) projects, aiming to bolster infrastructure development, advance climate action, and enhance economic competitiveness. In a statement on Friday, Dec. 13, the Manila-based...
Two proposed transport infrastructure projects by Megawide Construction Corporation and Maplecrest Group, Inc. are now under comparative challenge status, according to the Public-Private Partnership (PPP) Center. The Cavite Bus Rapid Transit (BRT) System and the Baguio City Integrated Terminal...
The Japan International Cooperation Agency (JICA) is committed to assisting the Philippines in rolling out quality road and bridge infrastructure projects paving the way towards inclusive, resilient as well as sustainable growth and development. "JICA is in the unique position to support the...
The Asian Development Bank (ADB) is pushing to equip local government units (LGUs) in the Philippines with the know-how to roll out more public-private partnership (PPP) projects. "The success of PPP projects largely depends on the capability of implementers. The PPP Center alone will not be able...
Senator Joseph Victor “JV” Ejercito called for the inclusion of key railway projects in the programmed appropriations of the 2025 proposed budget for the Department of Transportation (DOTR). Ejercito, who sponsored DOTr’s proposed budget for fiscal year 2025, expressed his intention to...
As requested by the Philippines, the World Bank has extended by two more years its soon-to-lapse loan for a big-ticket infrastructure project aimed at mitigating flooding in Metro Manila, which had been plagued by delays and underspending due to government inefficiency. Official documents showed...
President Marcos said that Filipino commuters will now see a great reduction in travel time in Metro Manila as he led the inauguration of the Light Rail Transit Line 1 (LRT-1) Cavite Extension Project (L1CE) Phase 1, marking a significant milestone in modernizing the transport system in the...
The construction period for two of the government's flood mitigation projects in Cavite and Metro Manila has been extended to up to five more years and consequently received additional funding. President Marcos on Tuesday, Nov. 5, first approved the extension of the construction period and...
"Go ahead." President Marcos is unfazed as he welcomed calls to investigate the government's flood control projects following the onslaught of Severe Tropical Storm Kristine that left several areas in the country flooded last month. President Ferdinand ‘Bongbong’ Marcos Jr. (RTVM screenshot)...
The Senate is keen on scrutinizing once again all funds allocated for flood control mitigation but there is a necessity to also inquire into the government’s programs on climate change and climate adaptation, Senate President Francis “Chiz” Escudero said on Sunday, November 3. The...
