President Marcos has pitched his administration's $161-billion infrastructure development program in inviting European businesses and investors to the country. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of Malacañang) During the 2024 European-Philippines Business Dialogue and...
As part of his administration's goal for achieving a meaningful economic transformation , President Marcos has ordered the streamlining of the permitting processes for the country's infrastructure flagship projects (IFPs) to expedite their implementation. File photos Executive Secretary Lucas...
The Department of Budget and Management (DBM) reported that infrastructure spending rose in the first two months of the year due to road projects and defense modernization program. Total infrastructure and other capital outlays of the national government amounted to P120.5 billion from January to...
President Marcos is on a mission to create one million digital jobs which could bring in P24 billion to fund public services and infrastructure projects by 2028. DIGITAL INFRASTRUCTURE — President Ferdinand 'Bongbong' Marcos Jr. convenes the Private Sector Advisory Council (PSAC) in...
BACOLOD CITY – PrimeWater Infrastructure Inc. has unveiled two projects to bolster the water supply of households in the northern part of this city by a total of four million liters per day (MLD). The groundbreaking of the Forbes Hill Water Source Interconnection and the Highland Hills projects...
The consortium-members of the Malampaya gas field will inject up to $800 million worth of investments to stretch the facility’s production life cycle, as anchored on the 15-year extension granted by the government on the project’s Service Contract (SC) 38. As emphasized by Prime Infrastructure...
Finance Secretary Ralph G. Recto has commended the Prime Infrastructure Capital Inc. for investing in two big-ticket storage power projects in Luzon. Recto said these investments will help ensure a stable electricity supply for the people and contribute to the country's goal of transitioning to a...
Over 20 Public-Private Partnership (PPP) projects will be submitted for the approval of the National Economic and Development Authority’s Investment Coordination Committee’s (NEDA-ICC) this year. PPP Center Executive Director Ma. Cynthia C. Hernandez, during a press conference at the signing of...
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...
