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
The consistent concentration of growth from three regions reveal the need to address inequality in the distribution of development within the country, according to the Natnal Economic and Development Authority (NEDA). According to the Philippine Statistics Authority, the National Capital Region (NCR) remains the top contributor to the country’s Gross Domestic Product (GDP) from 2010-2015 continue reading : LAGGING REGIONS NEED TO CATCH UP- NEDA