The Investment Coordination Committee-Cabinet Committee (ICC-CabCom) have endorsed seven projects in its last meeting last Wednesday, to be approved by the National Economic and Development Authority (NEDA) board.
In a statement, NEDA Director General Ernesto M. Pernia said that the endorsed projects "will ensure the realization of the Duterte administration's goal to reduce poverty and inequality by focusing on regional, rural, and agricultural development."
Six out of the seven endorsed projects are outside Metro-Manila. These are the following:
1. New Cebu International Container Port (NCICP) Project - To be situated in Barangay Tayod, Consolacion Cebu, this P9.2-billion worth of project aims to decongest the existing Cebu International Port.
It would be handled by the Department of Transportation and the Cebu Port Authority starting third quarter of 2017 until the second quarter of 2020.
2. Second Cordillera Highlands Agricultural Resources Management Project (CHARMP2)- involves poverty reduction and livelihood programs for the indigenous community in the upland areas of Cordillera Administrative Region (CAR).
3. Philippine Rural Development Project (PRDP)- An ongoing project of the Department of Agriculture (DA), this is the biggest among the seven projects in terms of cost. It will focus on adding agricultural infrastructures such as farm-to-market roads and bridges.
It covers 16 regions and 80 provinces including Davao del Norte, Iloilo, Isabela and Oriental Mindoro.
The project is proposed to add 206 farm-to-market roads to reach a total of 386; 24 market roads and bridges for a total of 44; two rural road bridges for a total of eight; five communal irrigation systems for a total of seven; 17 level two potable water supply for a total of 27; and 65 other agricultural support infrastructure for a total of 129.
4. Malitubog-Maridagao Irrigation Project Stage 2 (MMIP-II)- Situated in North Cotabato and Maguindanao areas, this P5.4-billion project will irrigate almost 10,000 hectares of land in 56 conflict-affected areas.
5. Chico River Pump Irrigation Project- aims to irrigate around 8,700 hectares of agricultural land, benefit 4,350 farmers, and serve 21 barangays in Cagayan and Kalinga at an estimated cost of P2.7-billion.
6. Plaridel Bypass Toll Road Project- A P9.33-billion project to be implemented by the Department of Public Works and Highways (DPWH) under the Public-Private Partnership (PPP) Program. It aims to upgrade the existing 2-lane Plaridel bypass road in the province of Bulacan to a 4-lane toll road expressway, including the construction of 2 service roads along the Barangay Burol access to Angat River.
Only the expansion and improvement of General Luis Road is within Metro Manila. At an indicative cost of P2.80-billion, the road which runs from Quezon City to Valenzuela City will be expanded from 2 to 4 lanes almost throughout the identified stretch with expansion from 4 to 6 lanes in some sections especially intersections, and rehabilitation of existing bridges.
Source: Rappler, Malaya Business Insight, and PPP Center.