The Philippine Government has started the process of releasing funds for infrastructure development to ensure an early start this year in contrast to last year's lower-than-planned release of funds. A key factor in the early release of infrastructure this year is the slow global economy and the failure to meet economic growth targets last year.
By January, the government plans to issue allotments for Php141.8 billion (US$3.5 billion) worth of infrastructure projects. The implementing departments and agencies will then be able to bid these out,
Budget and Management Secretary Florencio Abad said the infrastructure projects include national roads and bridges; airports, seaports and lighthouses; classrooms and other education facilities; potable water supply systems, irrigation and post- harvest facilities; and flood control and slope protection structures.
The Department of Public Works and Highways (DPWH) will receive Php91.57 billion, representing almost 65 percent of the total government infrastructure program. The Department of Agriculture is the second biggest recipient with Php24.49 billion, followed by the Department of Education (DepEd) with Php13.97 billion. The Department of Transportation and Communication (DoTC) will receive Php7.20 billion, which will be used to improve airports, ports and other projects.
John J.P. Howley
By January, the government plans to issue allotments for Php141.8 billion (US$3.5 billion) worth of infrastructure projects. The implementing departments and agencies will then be able to bid these out,
Budget and Management Secretary Florencio Abad said the infrastructure projects include national roads and bridges; airports, seaports and lighthouses; classrooms and other education facilities; potable water supply systems, irrigation and post- harvest facilities; and flood control and slope protection structures.
The Department of Public Works and Highways (DPWH) will receive Php91.57 billion, representing almost 65 percent of the total government infrastructure program. The Department of Agriculture is the second biggest recipient with Php24.49 billion, followed by the Department of Education (DepEd) with Php13.97 billion. The Department of Transportation and Communication (DoTC) will receive Php7.20 billion, which will be used to improve airports, ports and other projects.
John J.P. Howley
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