Source: Philippine Star
MANILA, Philippines (Xinhua) – The government will invest around P750 billion ($17.4 billion) for infrastructure projects under the public-private partnership program in the next five years, a senior government official said on Thursday.
Department of Public Works and Highways (DPWH) Secretary Rogelio Singson said that the government’s investment for infrastructure projects between 2011-2016 will be boosted by existing official development assistance (ODA) of about P50 billion ($1.2 billion).
Under the road master plan for the National Capital Region, the DPWH is focusing on the completion of the Don Mariano Marcos Avenue Extension, and construction of some other key projects.
To speed up the provision of safe, efficient, adequate, reliable, cost effective and sustainable infrastructure, the government has come up with high standard highway master plan covering Metro Manila and 200 radius outside the National Capital Region, Metro Cebu, Davao, and General Santos Corridor, the official said.
Published on June 9, 2011