NEDA Board Approves P32-B Project

MANILA, Philippines -- The National Economic and Development Authority (NEDA) board recently approved five projects on transportation, infrastructure and health worth P32.67 billion.

These projects aim to build and rehabilitate vital infrastructure such as roads, bridges, and hospitals to improve the delivery of basic services and movement of trade.

First of these five projects is the Light Railway Transit (LRT) Line 2 East Extension Project that involves the design and construction of a 4.19-kilometer extension from the existing Santolan Station to Masinag Junction. Two stations will be located at Emerald Drive, Cainta, Rizal and Masinag Junction, Antipolo City, Rizal.

''The project will provide rapid and reliable mode of transit to the east of Manila and to various strategic commercial, industrial and educational districts in Metro Manila,'' NEDA Deputy Director-General Rolando G. Tungpalan said.

The total length of the LRT Line 2 will be around 16.75 kilometers upon completion of the extension. The project's total approved cost is P9.76 billion, an amount to be entirely financed by its proponent, the Department of Transportation and Communication (DOTC).

''This project aims to reduce the use of motorized vehicles that contribute to both air and noise pollution,'' he added.

A public-private partnership (PPP) project, the Modernization of the Philippine Orthopedic Center (POC) was approved by the ICC CabCom. This project involves construction of 700-bed capacity tertiary orthopedic hospital within the National Kidney and Transplant Institute Complex along East Avenue, Quezon City.

''There is a need to upgrade the facilities and enhance the operational efficiency of the POC. This addresses the challenge of transforming it into the country's primary center for bone and joints disease that will be at par with global standards,'' Tungpalan said.

The project, with an approved cost of P5.69 billion, also comprises the supply, installation, operations and management of modern diagnostics equipment and IT facilities, as well as the operation and maintenance of the entire facility. The project's proponent is the Department of Health (DOH).

Another ICC CabCom-approved project is the Upgrading and Rehabilitation Project of the Navotas Fish Port Complex (NFPC) that will improve the port's facilities and services and facilitate unloading, handling and distribution of fish and fishery products. The NFPC is one of the National Capital Region's (NCR) major fish landing facility that contributes an annual average of 80 percent to the region's total fish supply.

Editor’s note:Yahoo Philippines encourages responsible comments that add dimension to the discussion. No bashing or hate speech, please. You can express your opinion without slamming others or making derogatory remarks.

  • The return of Gigi Reyes Ellen Tordesillas, Contributor - The Inbox
    The return of Gigi Reyes

    By Ellen T.Tordesillas This is going to be fascinating. Atty. Gigi Reyes, former chief of staff of Sen. Juan Ponce-Enrile who is included among those accused of plunder in connection with the misuse of Priority Development Assistance Fund, came back … Continue reading → …

  • Viernes Santo in Kalibo VERA Files - The Inbox
    Viernes Santo in Kalibo

    Photos by Little Wing Luna, VERA Files Text by Mitch Meñez Kalibo, Aklan--Viernes Santo or Good Friday is the most solemn of all the days in Holy Week. It commemorates the Passion and Death of Jesus on the Cross. The … Continue reading → …

  • Hugas Dugo VERA Files - The Inbox
    Hugas Dugo

    Text by Kimmy Baraoidan, VERA Files Photos by Chris Quintana and Kimmy Baraoidan Pakil, Laguna--In the small town of Pakil, Laguna resides a group of men who call themselves Hugas Dugo. Most members of the group are residents of the … Continue reading → …

POLL
Loading...
Poll Choice Options