The Development Bank of the Philippines (DBP) granted a P254-million loan to renewable energy firm Upgrade Energy Philippines, Inc. (UEP) to spur investments in the sector amidst rising demand. UEP, an engineering, procurement and construction contractor, offers renewable energy and energy...
The upgrade of the Monsanas- Upper Dimorok-Lower Dimorok Road will improve mobility and the transport of goods in Zamboanga del Sur, the Department of Public Works and Highways (DPWH) said on Monday, Dec. 19. DPWH Regional Office 9 Director Cayamombao D. Dia reported that the newly-paved...
CITY OF ILAGAN, Isabela -- San Ignacio Energy Resources Development Corporation (‘San Ignacio’) which is part of the Nextnorth Energy group is developing over 450 Megawatts of solar PV and hydro projects in northern Luzon in a business venture that’s expected to provide employment to roughly...
• The company aims for all its projects to have net zero carbon footprint by 2030. • Arthaland Senior Vice-President Oliver Chan said the company is about 60 percent into implementing decarbonization. • Eluria, a luxury residential development in Legazpi Village in Makati City, features 100...
The Department of Transportation (DOTr) is privatizing several infrastructure projects in two batches as part of the state's public-private partnership program (PPP). The first batch includes the NCR EDSA Busway and the North Long Haul Inter-Regional Railway (NCR-Ilocos, Cagayan). The second batch...
The House Committee on Public Works and Highways on Thursday, Nov. 17, approved a substitute bill that aims to strengthen the Public-Private Partnership (PPP) scheme to expand the use of the program in major government infrastructure projects, such as expressways, railways, and airports, among...
The Department of Public Works and Highways (DPWD) has ordered its officials to implement stricter compliance to laws and policies relative to the imolemwntation of infrastructure projects in high-hazard areas, no build zones, and national protected areas. Photo: DPWH In a memorandum released to...
President Marcos has approved the review of the implementing rules and regulations (IRR) of the Build-Operate-Transfer (BOT) Law, the National Economic and Development Authority (NEDA) said. At the Economic Journalists Association of the Philippines (EJAP) forum on Wednesday, Aug. 17, Socioeconomic...
The House of Representatives has converted the special Committee on Flagship Programs And Projects into a standing committee. The House plenary (PPAB) Senior Deputy Majority Leader Ilocos Norte 1st district Rep. Sandro Marcos motioned to convert the particular special committee during the plenary...
The Department of Finance (DOF) wants to amend the implementing rules and regulations (IRR) of the Build-Operate-Transfer (BOT) Law to lure private investments to Public-Private Partnerships (PPP). In a statement on Tuesday, Aug. 16, Finance Secretary Benjamin E. Diokno said the DOF is planning to...
TACLOBAN CITY - The national government has approved high-impact infrastructure projects that will be implemented in the coming years in Northern Samar province. This includes the construction of Laoang Bridges 2 and 3, which Northern Samar Governor Edwin Ongchuan has been pushing since he became...
Senator Sonny Angara expressed support for the recent call of President Marcos Jr. for local government units (LGUs) to work with the private sector in their projects. Angara, chairman of Senate Committee on Finance, believed public-private partnerships (PPPs) will be helpful at a time when...
