ICC OKs PhP 13.5-B IMPROVEMENTS IN REG’L PROJECTS

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The NEDA Board Investment Coordination Committee – Cabinet Committee (ICC-CabCom) approved on July 27 improvements amounting to PhP13.5 billion for three regional projects, further strengthening the government’s commitment to regional growth. Changes in scope and cost were discussed for the Davao City Bypass Construction Project; Panguil Bay Bridge Project; and Flood Risk Management Project in continue reading : ICC OKs PhP 13.5-B IMPROVEMENTS IN REG’L PROJECTS

NEDA STATEMENT ON CEBU BRT, LRT-SUBWAY PROJECT PROPOSALS

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In light of recent news, the National Economic and Development Authority (NEDA) would like to clarify concerns regarding the Bus Rapid Transit (BRT) and the Light Rail Transit (LRT)-Subway projects in Cebu. NEDA stands firm and impartial in upholding standard practices and appropriate NEDA Board processes for all infrastructure project proposals. To provide context, Secretary continue reading : NEDA STATEMENT ON CEBU BRT, LRT-SUBWAY PROJECT PROPOSALS