Posts Tagged ‘National Economic and Development Authority (NEDA)’

‘Govt spending may beat 2016 target’

The Manila Times, 14 April 2014

By Mayvelin U. Caraballo

 

The government may hit its goal of infrastructure spending equivalent to 5 percent of gross domestic product (GDP) earlier than the 2016 target under its revised five-year plan, the National Economic and Development Authority (NEDA) said Monday.

Explaining the updated Philippine Development Plan 2011-2016, NEDA Deputy Director General Emmanuel Esguerra said the plan involves stepping up infrastructure spending to sustain the country’s economic growth.

“In 2013, infrastructure spending was lower than 3 percent [of GDP] but as we go along, and as the various infrastructure projects come on stream, we expect that that should increase the spending,” Esguerra told reporters.

“It is possible to reach that figure [5 percent of GDP] probably earlier than 2016 given the pace of construction that needs to be accelerated in light of the devastation of Super Typhoon Yolanda,” he added.

According to the updated Plan, infrastructure development will be accelerated to support rapid and sustained growth and promote inclusivity.

Private sector investment is expected to contribute to the 5 percent target on public infrastructure spending through public-private partnerships.

The Plan stated that infrastructure spending is necessary to catalyze development in key sectors such as agriculture, industry and services, information technology and business process management, as well as energy.

The provision of adequate infrastructure also addresses inequalities in opportunities, as the government will massively construct, rehabilitate and upgrade basic health care hospitals and facilities, close the student-classroom gap, provide water supply and sanitation facilities in rural and hard-to-reach areas, and provide housing units to over 500,000 households, it said.

To date, the government’s infrastructure spending has reached P23.8 billion, reflecting an increase of P7.4 billion or 45.1-percent from the P16.4 billion recorded in the same month last year.

The Department of Budget and Management attributed the surge primarily to disbursements related to reconstruction and rehabilitation efforts on areas affected by calamities last year, most notably Super Typhoon Yolanda.

Meanwhile, the NEDA said the purpose of the updated Plan is to make the necessary adjustments in policy, strategies, measures and programs based on updated information, and lessons learned during the first half of the Plan’s implementation since its launch in 2011.

“I wish to emphasize that the Updated Plan, as the country’s roadmap to inclusive growth and poverty reduction, is clearly linked with, and serves as guide for programming, budgeting, program implementation, monitoring, and even performance management,” said Economic Planning Secretary Arsenio Balisacan in a statement.

The salient updates to the Plan include the identification of poor and vulnerable provinces, as well as the refocusing of strategic interventions according to their needs and development potentials.

“The contents of the Plan are clearly reflected in various documents and initiatives of the government,” Balisacan added.

 

NEDA Board confirms 12 new projects worth P67 billion

Business Mirror, 14 April 2014

By Cai Ordinario

 

The National Economic and Development Authority (Neda) Board has confirmed 12 new projects with a total estimated cost of P67.07 billion in the first quarter of 2014.

The Department of Transportation and Communications (DOTC) will implement six of the projects worth P38.15 billion. Three of these projects are in the National Capital region (NCR), one each in the Bicol region and Eastern Visayas, and one for nationwide implementation.

The three DOTC projects to be implemented in the NCR are the Light Rail Transit (LRT) Line 2 East Extension project; Mass Rail Transit 3 Capacity Expansion Project, which involves the acquisition of 52 light- rail vehicles; and the LRT Line 1 North Extension Project-Common Station project.

The other three DOTC projects are the Bicol International Airport Project in Daraga, Albay; the Tacloban Airport Redevelopment Project; and the Land Transportation Office-(LTO) Infrastructure and Information System (LTO-IIS) Project/DOTC-LTO.

The Department of Agriculture will be the implementing agency for three projects worth P15.61 billion that were confirmed by the Neda Board in the January-to-March period.

The three projects are the Casecnan Multipurpose Irrigation and Power Project-Irrigation Component Phase in Central Luzon; the Umayam River Irrigation Project in Caraga; and the Malitubog- Maridagao Irrigation Project Phase 2 in the Autonomous Region in Muslim Mindanao and Soccsksargen.

The three other projects that were approved by the Neda Board in the first quarter are the Department of Public Works and Highways’ P5-billion Flood Control Projects; the Metropolitan Waterworks and Sewerage System’s P5.72-billion Strengthening of Angat Dam and Dike Project; and the National Power Corp.’s P2.6-billion Agus 6 Hydroelectric Power Plant (Units 1 and 2) Upgrading Project.

The powers and functions of the Neda reside in the Neda Board. It is the country’s premier social and economic development planning and policy-coordinating body.

The board is composed of the President as chairman, the Socio-Economic Planning secretary and Neda director general as vice chairman, and the following as members: the executive secretary and the secretaries of Finance, Trade and Industry, Agriculture, Environment and Natural Resources, Public Works and Highways, Budget and Management, Labor and Employment, and Interior and Local Government.

 

NEDA urges more agri investments

Business World 26 March 2014

 

MORE private sector investments in agricultural development are needed ahead of regional integration, the National Economic Development Authority (NEDA) said in a statement yesterday.

“The Philippine government needs to enhance collaboration with the private sector to promote agricultural competitiveness,” the statement read.

Speaking at the Asia Pacific Agricultural Policy Roundtable at the Marriott Hotel in Pasay City last week, Socioeconomic Planning Secretary Arsenio M. Balisacan said: “As Southeast Asian economies collectively gear up for regional integration, it is important to understand how public-private partnership schemes could facilitate the modernization of the agriculture sector and the revitalization of rural economies.”

Mr. Balisacan also said that the absence or lack of efficient infrastructure — particularly in transport, energy, and communications — was one of the critical constraints to agricultural growth.

Other requirements listed were increasing productivity, expanding markets, improving participation and value-adding activities, and building disaster resilience.

Mr. Balisacan noted that the Updated Philippine Development Plan 2011-2016 features public-private partnerships for agricultural development for infrastructure and value chain development and management.

Such projects include irrigation infrastructure, food supply chain and post-harvest services, production centers for various farm inputs, fish-farming infrastructure, and market and trading centers, among others, he said.

The NEDA chief also said that private sector investment in research has gone into seed acquisition, exchange, distribution, and improvement of the genetic stocks of crops, forest species, livestock, and fish.

“Investments may also be made in the production and distribution of improved seed and livestock, production of fertilizers and pesticides, and the development of more efficient management practices to optimize crop production,” Mr. Balisacan noted.

 

Increased private sector investments in agri dev’t needed for regional integration – NEDA

NEDA, March 2014

 

MANILA – As ASEAN countries gear up for economic integration by 2015, the Philippine government needs to enhance collaboration with the private sector to promote agricultural competitiveness, according to the National Economic and Development Authority.

“As Southeast Asian economies collectively gear up for regional integration, it is important to understand how public-private partnership schemes could facilitate the modernization of the agriculture sector and the revitalization of rural economies,” said Economic Planning Secretary Arsenio M. Balisacan in his speech during the 2014 Asia Pacific Agricultural Policy Roundtable held at the Marriott Hotel in Pasay City on March 17.

Citing the lessons learned from the 2013 APAP forum, the NEDA Director-General explained that “one of the critical constraints to agricultural growth is the absence or the lack of efficient infrastructure system, particularly transport, power supply, and communication infrastructure.”

Balisacan added that this effectively increases the cost of doing business, which prevents small farmers from taking advantage of the opportunities in the rapidly growing areas, urbanized centers and foreign markets.

He emphasized the crucial need of increasing productivity and production, expanding markets, improving participation and value-adding activities, and building disaster resilience in enhancing agricultural competitiveness.

“However, the government cannot do this alone,” the Cabinet official added.

Balisacan also underscored that the Updated Philippine Development Plan 2011-2016 incorporates enhancing public-private partnership for agricultural development, especially for infrastructure and value chain development and management.

“The interventions include irrigation infrastructure, food supply chain and post-harvest services, production centers for various farm inputs, fish-farming infrastructure, and market and trading centers, among others,” said Balisacan.

He added that private sector investment, particularly in research, has been devoted to seed acquisition, exchange, distribution, and improvement of genetic stocks of crops, forest species, livestock, and fish using conventional and biotechnology applications.

“Investments may also be made in the production and distribution of improved seed and livestock, production of fertilizers and pesticides, and the development of more efficient management practices to optimize crop production,” said Balisacan.

 

Collaboration between gov’t, private sector key to improving agri sector — NEDA

InterAksyon, 27 March 2014

By Philippine News Agency

 

MANILA – As Asean member countries gear up for economic integration by 2015, the Philippine government needs to enhance collaboration with the private sector to promote agricultural competitiveness, according to the National Economic and Development Authority (NEDA).

“As Southeast Asian economies collectively gear up for regional integration, it is important to understand how public-private partnership schemes could facilitate the modernization of the agriculture sector and the revitalization of rural economies,” Socioeconomic Planning Secretary Arsenio M. Balisacan said during the 2014 Asia-Pacific Agricultural Policy (APAP) Roundtable held last week.

Citing the lessons learned from the 2013 APAP forum, Balisacan said, “One of the critical constraints to agricultural growth is the absence or the lack of efficient infrastructure system, particularly transport, power supply, and communication infrastructure.”

He said this increases the cost of doing business, which prevents small farmers from taking advantage of the opportunities in the rapidly growing areas, urbanized centers and foreign markets.

Balisacan said there is a need to increase productivity and production, expand markets, improve participation and value-adding activities, and build disaster resilience in enhancing agricultural competitiveness.

“However, the government cannot do this alone,” Balisacan, who is also director-general of the National Economic and Development Authority (NEDA), said.

He said the updated Philippine Development Plan 2011-2016 incorporates enhancing PPP for agricultural development, especially for infrastructure and value chain development and management.

“The interventions include irrigation infrastructure, food supply chain and post-harvest services, production centers for various farm inputs, fish-farming infrastructure, and market and trading centers, among others,” said Balisacan.

Private sector investment, particularly in research, has been devoted to seed acquisition, exchange, distribution, and improvement of genetic stocks of crops, forest species, livestock, and fish using conventional and biotechnology applications, he said.

“Investments may also be made in the production and distribution of improved seed and livestock, production of fertilizers and pesticides, and the development of more efficient management practices to optimize crop production,” he added.

 

Agriculture needs more private-sector investments for Asean integration

Business Mirror, 26 March 2014

By Cai U. Ordinario

 

The National Economic and Development Authority (Neda) believes more private-sector investments are needed to improve the country’s agricultural competitiveness in preparation for the Association of Southeast Asian Nations economic integration next year.

Socioeconomic Planning Secretary Arsenio M. Balisacan said these investments might be in the form of direct investments or through public-private partnerships (PPPs) that would address constraints in the agriculture sector, such as the lack of infrastructure.

“As Southeast Asian economies collectively gear up for regional integration, it is important to understand how public-private partnership schemes could facilitate the modernization of the agriculture sector and the revitalization of rural economies,” Balisacan said.

“One of the critical constraints to agricultural growth is the absence or the lack of efficient infrastructure system, particularly transport, power supply and communication infrastructure,” he added.

Balisacan said private-sector investment, particularly in re-search, has been devoted to seed acquisition, exchange, distribution, and improvement of genetic stocks of crops, forest species, livestock, and fish using conventional and biotechnology applications.

He said private-sector investments may be made in the production and distribution of improved seed and livestock, production of fertilizers and pesticides, and the development of more efficient management practices to optimize crop production.

“The interventions include irrigation infrastructure, food-supply chain and postharvest services, production centers for various farm inputs, fish-farming infrastructure, and market and trading centers, among others,” Balisacan said.

Balisacan said agriculture constraints increase the cost of doing business and prevents small farmers from taking advantage of the opportunities in the rapidly growing areas, urbanized centers and foreign markets.

He cited the crucial need for increasing productivity and production, expanding markets, improving participation and value-adding activities, and building disaster resilience in enhancing agricultural competitiveness.

While the government has indicated that there are efforts geared toward addressing these constraints in the Philippine Development Plan, the country’s macroeconomic blueprint until 2016, Balisacan said the government could not do it alone.

Earlier, the Neda acknowledged that the benefits of the country’s high economic growth have yet to trickle down to small farmers nationwide.

Balisacan said if the government can somehow increase the productivity of small farmers, they would be able to benefit from the country’s high gross domestic product (GDP).

The country has been posting GDP growths of around 7 percent in recent quarters, making it one of the fastest-growing countries in Asia. The Philippines’s recent economic success has already earned for it titles such as the “bright spot” in Asia.

“Small farmers continue to be the backbone of the agriculture and rural sector, where many of the poor are found. We are aware that recent economic growth, at least in the Philippines, has yet to be felt by many of the poor, particularly small farmers,” Balisacan said.

“Unleashing the potentials of the sector to contribute to growth would mean empowering the marginal and poor producers [farmers and fishermen alike] to increasingly become active market players,” he added.

In the third quarter of 2013, the agriculture, hunting, forestry and fishing sectors posted a measly 0.3-percent growth, slower than the 4.4 percent posted in the same period in 2012.

Data from the National Statistical Coordination Board showed that the growth of agriculture was sustained by the sugarcane, cassava, corn and poultry sectors.  The major contributors to growth of the sector were corn and poultry.

 

Asia-Pacific countries share experience and innovations on food security and rural development through PPPs

PRESS RELEASE

20 March 2014

 

APAP 2014 Banner

 

Member countries from the Asia-Pacific region came together to exchange experiences and information on agricultural policy and research to solve the continuing challenge of food security and discuss the role of PPPs in rural development.

Speaking before members of the Asia-Pacific Agricultural Policy Forum, Dr. Sang Mu Lee, Chairman of the Korea FAO Association emphasized the urgency to eradicate hunger in Asia.  He added that through member nations could help solve hunger in the region by sharing research information and developing relevant policies in agriculture.

This year, the Forum zeroed in on the potential of public-private partnerships (PPPs) and its role as a major catalyst for development in the rural areas.

In her welcome remarks, Undersecretary Cosette V. Canilao, Executive Director of the Public-Private Partnership Center reiterated the significance of agriculture in the development of a nation. “Agriculture remains to be a critical engine of growth. Through this round table, we will explore further the concept of PPPs and how it can facilitate the modernization of the agriculture sector and revitalize rural communities through suitable policies that formulate efficient and effective PPP schemes.”

In his keynote speech, Secretary for Socioeconomic Planning and Director General of the National Economic Development Authority Arsenio Balisacan recognized the significant role of PPPs as an important institutional mechanism to help strengthen the agricultural and rural sectors.

“The public and private sectors’ respective areas of strengths and comparative advantage can be utilized to pursue rural employment and income generation, food security and in enhancing agricultural competitiveness,” Balisacan said.

The two-day Forum brought together participants from Thailand, Vietnam, Malaysia, China, Bangladesh, Korea and the Philippines.

The member nations presented nine academic papers on agricultural development.  The first session centred on enhancing commodity markets and their prospects for regional integration. The speakers included Dr. Orachos Artachinda (Thailand), Dr. Dang Kim Son (Vietnam), Dr. Larry Wong (Malaysia) and Dr. Ji Kun Huang (China), respectively.

The second session focused on the role of Public-Private Partnership in agricultural rural development and poverty alleviation with papers presented by Dr. Saifullah Syed (Bangladesh), Dr. Ryu Ki Hee (Korea), Dr, Mahabub Hossain (Bangladesh), Dr. Ganesh Thapa (IFAD) and Mr. Herman Ongkiko (Philippines, DAR).

Another session delved on Strengthening Agricultural Support Institutions through Public-Private Partnership.  Butuan Mayor Ferdinand Amante Jr. (Philippines) shared his experiences on strengthening agricultural support through the PPP.

Research papers were also presented on Private Sector Partnership in Agricultural Research and Development and Infrastructure Development. Dr. Sahat Pasaribu (Indonesia) shared his paper on food diversification and enhanced farming welfare while Dr. Eufemio Rasco Jr.’s (Phil. Rice Research Institute) made a presentation on private partnerships, agri-technology and the production of golden rice.

The 2014 Asia Pacific Agricultural Policy Roundtable was organized by the Korea FAO Association, in cooperation with the National Economic and Development Authority and the Public-Private Partnership Center of the Philippines and supported by the Korea Rural Community Corporation and Asian Development Bank, Australian Agency for International Development and the Canadian International Development Agency.

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