TORONTO – Investors who are seriously looking at infusing heavy capital for nuclear power projects in the Philippines are decisively assessing concerns on siting as well as certainty of regulatory frameworks being the challenges that could make or break a deal in the resurgence of this...
(Courtesy of DPWH) The Department of Public Works and Highways (DPWH) is expediting the widening of Orani Bridge 1 in Bataan which is expected to address traffic congestion along Roman Expressway. The Roman Expressway connects Bataan towns from Dinalupihan in the north to Mariveles in the south. It...
The Philippines has better infrastructure development due to stronger bilateral relations with South Korea and it is bound only to further improve, the Department of Public Works and Highways (DPWH) said on Thursday, February 29. DPWH Senior Undersecretary Emil Sadain met with executives from the...
President Marcos has approved 23 new infrastructure flagship projects (IFPs), including the Davao City Bypass. President Ferdinand 'Bongbong' Marcos Jr. and NEDA Secretary Arsenio Balisacan (Photo courtesy of Bongbong Marcos) "We've approved 23 new IFPs, including the Davao City Bypass...
The Marcos administration’s economic team removed 36 infrastructure flagship projects (IFPs) but added 23 new projects under the Build Better More program, the National Economic and Development Authority (NEDA) said. The NEDA board, chaired by President Marcos, has reduced the number of IFPs from...
"We get things done." President Ferdinand 'Bongbong' Marcos Jr. (Noel Pabalate) This was President Marcos' answer to praises he had been receiving for his response to issues surrounding the country's national security, economic competitiveness, tourism, and infrastructure development. In an...
(Photo: DPWH) The Department of Public Works and Highways (DPWH) and the Department of Transportation (DOTr) have agreed to develop an agreement that will provide specific guidelines for expediting the implementation of infrastructure projects. Officials from the DPWH and the DOTr are set to...
President Marcos has tasked government agencies to ensure that the infrastructure being built is responsive to the needs of the present and anticipates the worst following the recent flooding in Mindanao. President Ferdinand ‘Bongbong’ Marcos Jr. (RTVM screenshot) Marcos said this as he...
Prime Integrated Waste Solutions Inc. (PWS), a subsidiary of Razon-led Prime Infrastructure Capital, has advanced into operational phase the country’s first automated materials recovery facility (MRF) sited in Cebu that will be utilized for strategic waste management as well as storage, prior to...
The much-awaited giant initial public offerings (IPOs) of SM Prime Holdings’ real estate investment trust and Prime Infrastructure Inc. of billionaire Enrique K. Razon Jr. may not happen this year. In an online briefing, Abacus Securities Corporation Research Head Raymond Neil "Nicky" Franco...
The Department of Budget and Management (DBM) is confident that the national government has achieved its infrastructure spending target for last year. In the latest national government disbursement performance report, the DBM stated that the overall infrastructure spending for January to December...
Infrastructure spending posted a sharp increase in October last year, attributed to the robust disbursements made by the Department of Public Works and Highways (DPWH), data from the Department of Budget and Management (DBM) revealed. The Marcos administration’s infrastructure and other capital...