Once the Bataan-Cavite Interlink Bridge (BCIB) is completed, the private sector may assume complete responsibility for its operations and maintenance, including any outstanding debt, the National Economic and Development Authority (NEDA) said. NEDA Secretary Arsenio M. Balisacan said the government...
President Marcos directed the Department of Energy to look into the proposal to allow third parties to construct transmission projects in the country. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of PPA/Yummie Dingding) "I have also directed the Department of Energy and the ERC (Energy...
The Department of Finance (DOF) secured concessional financing for big-ticket infrastructure projects under President Marcos’ Build Better More Program as well as grants for various development projects to support the country’s rapid growth. Since the beginning of the Marcos administration, the...
The Marcos administration has assured that the newly enacted Public-Private Partnership (PPP) Code of the Philippines will not lead to any interruptions in the ongoing projects. In a statement on Saturday, Dec. 23, the PPP Center said the government has a policy-making body to ensure a smooth...
The Public Private Partnership (PPP) Center will assist members of the Union of Local Authorities in the Philippines (ULAP) enhance their skills in developing and carrying out infrastructure projects. In statement, Ma. Cynthia C. Hernandez, PPP Center executive director said they will provide...
The goals laid down at the COP28 Global Stocktake had fallen short on the target for total phaseout of fossil fuels in energy systems, although there had been more aggressive commitments on deeper emissions cut as well as reinforcements on climate finance. In his closing speech, UN Climate Change...
ACT-CIS Party-list Rep. Erwin Tulfo (Facebook) ACT-CIS Party-list Rep. Erwin Tulfo wants the government to speed up its construction of infrastructure projects to the level of other countries. For this purpose, Tulfo led the filing of House Bill (HB) No....
Another transmission project of the National Grid Corporation of the Philippines (NGCP) in the Visayas grid - the 138-kilovolt Panay-Guimaras interconnection project - will be facing delays due to a temporary restraining order (TRO) issued by the Supreme Court. According to the company, the TRO...
(File photo by DOTr/PNR) The Department of Transportation (DOTr) is upbeat that two of its rail projects -- the North-South Commuter Railway (NSCR) and South Long Haul (SLH) -- will help "revive" the country's rail industry. DOTr Secretary Jaime Bautista said that the two rail projects will elevate...
The proposed Public-Private Partnership (PPP) code would harmonize the regulations of the national government with those of local government units (LGUs), which will spur greater investment. Ma. Cynthia C. Hernandez, PPP Center executive director, said the new code will bolster the government’s...
The National Economic and Development Authority (NEDA) said on Wednesday, Nov. 22, that it expects an executive order that will fast track the Marcos administration’s infrastructure flagship projects (IFPs) will be released “very soon.” NEDA Undersecretary for Investment Programming Joseph J....
The Sandiganbayan has ordered former Department of Agrarian Reform (DAR) undersecretary Narciso B. Nieto to present his evidence starting on Nov. 28 on graft and malversation of public funds cases filed against him in the alleged misuse of the P20 million priority development assistance...
