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...
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...
San Miguel Corporation (SMC) announced it will again waive toll fees at all its expressways on the eve of New Year’s Day, an annual tradition the company’s infrastructure unit fulfills in the spirit of the holidays, and to show its appreciation for motorists’ continued patronage. SMC...
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...
Efficient implementation of catch-up plans has positioned the Marcos administration to exceed its infrastructure spending target for this year, data from the Development Budget Coordination Committee (DBCC) showed. The DBCC, an inter-agency body responsible for setting the government’s...
