LACK of funding and issues relating to Right of Way Acquisition (Rowa) caused years of delay in implementing the Metro Cebu Integrated Flood and Drainage System Master Plan, an official of the Unified Project Management Office-Flood Control Management Cluster (UPMO-FCMC) of the Department of Public Works and Highways (DPWH) said Friday, Feb. 10, 2023. This […]
Tag: projects
DPWH completes P100-M road projects in 4 provinces
ROAD projects worth P100.34 million in four provinces that improve farmers’ route to trading centers and access to tourism spots have recently been completed, according to the Department of Public Works and Highways (DPWH). In separate press releases, DPWH said the roadworks are in Negros Occidental, Southern Leyte, Nueva Ecija, and Aklan. The P34-million project […]
PPP Center focused on solicited projects to better align with gov’t priorities
THE head of the PPP Center said the agency plans to focus on solicited projects, which will have been vetted extensively for conformity to government priorities. “One thing we are trying to implement now is to make sure that we focus on the solicited mode of PPPs (public-private partnerships) because we know that projects take […]
Roxaco Land to launch projects in Batangas, Tagaytay
A SUBSIDIARY of listed Roxas and Company, Inc. (RCI) will launch real estate projects in the Tagaytay to Nasugbu, Batangas corridor, banking on strong demand and accelerating prices for properties in the area. “Roxaco Land Corp., a subsidiary of (RCI), ushered in 2023 with an aggressive expansion program in its real estate and hospitality units,” […]
Mastering Wind Power Online Workshop is Back by Popular Demand
Singapore, Jan 26, 2023 – (ACN Newswire via SEAPRWire.com) – Infocus International Group, a global business intelligence provider of strategic information and professional services, has announced the new dates for Mastering Wind Power training and it will be commencing live on the 20th of February 2023. Attendees will gain an excellent understanding of all the […]
Anti-flood projects worth P1.3B set for implementation
FLOOD mitigation projects worth P1.3 billion will soon be implemented in Mandaue City this year. Mandaue City Lone District Rep. Emmarie “Lolypop” Ouano-Dizon said on Wednesday, Jan. 18, 2023, that the funds for the projects were successfully secured following the approval and signing of the 2023 General Appropriations Act last year. Dizon said that funds […]
2,000 MW of renewable energy projects in Mindanao in the pipeline
By Maya M. Padillo, Correspondent RENEWABLE ENERGY (RE) projects that can produce about 2,000 megawatts (MW) of power are in the pipeline within the southern Philippine islands, according to an official of the Mindanao Development Authority (MinDA). Assistant Secretary Romeo M. Montenegro, MinDA deputy executive director, said projects with a combined capacity of 400 MW […]
PHL obtains $6M to fund rail feasibility studies
THE GOVERNMENT has obtained access to more than $6 million in loans to fund feasibility studies for three railway projects outside the capital region, the Transportation department said on Monday. The three proposed projects are the planned Panay Railway, the Bataan Railway, and the North Long Haul Interregional Railway, which will connect provinces to the […]
South Korea provides $1.28-M fund for 5 PHL projects under BIMP-EAGA support program
SOUTH KOREA will fund five projects worth $1.28 million (P70.58 million) in southern Philippines under a program that supports development within the special economic grouping covering Brunei Darussalam, Indonesia, Malaysia, the Philippines. The Mindanao Development Authority (MinDA), in a statement on Friday, said the five projects are among the 10 approved under the four-country East […]
US, South Korea to partner on advanced air mobility dev’t
WASHINGTON — The US Federal Aviation Administration (FAA) said on Saturday it had agreed to partner with the Korea Office of Civil Aviation (KOCA) future Advanced Air Mobility aircraft development and operations. The two nations signed a declaration to collaborate and share information on advanced air mobility projects and work together to promote the safety […]
BSP projects December inflation to hit 7.8% to 8.6%
THE Bangko Sentral ng Pilipinas (BSP) on Thursday said it projects inflation in December to hit within the range of 7.8 to 8.6 percent. The central bank said higher electricity rates, an uptick in the prices of agricultural commodities, elevated prices of meat, fish products, and LPG may push the inflation rate higher. “Meanwhile, the […]
Hydropower firm secures P2.6-B loan from LANDBANK for Bukidnon project
REPOWER ENERGY Development Corp. (REDC) has secured a P2.6-billion loan from the Land Bank of the Philippines (LANDBANK) for a 15-megawatt hydropower plant project in Bukidnon province, the state-owned bank announced on Tuesday. In a statement, LANDBANK said the loan agreement signed Dec. 6 will partially finance the renewable energy project that will be handled […]
LNG import projects seen facing low utilization if gas prices stay high
THE Philippine strategy of importing gas for its energy needs is at risk from high liquefied natural gas (LNG) prices, which could result in low utilization for the LNG import terminals being constructed, an energy analyst said. “Investors in planned LNG import infrastructure run the risk of low utilization rates and ultimately possible stranded assets, […]
Demand for upscale, luxury projects expected to stay on
DEMAND for condominium units particularly in the upscale category is seen rising in Cebu City. Property research firm Colliers Philippines made this projection following Sta. Lucia Land’s (SLI) launching of its new condo project in Cebu City. SLI is expecting at least P8 billion (US$135 million) in sales from 128 Nivel Hills in Barangay Lahug, […]
LGUs, big and small, pursue public-private partnerships
By Kyle Aristophere T. Atienza, Reporter LOCAL governments are blazing the trail on public-private partnerships (PPP) for climate adaptation and infrastructure projects, but not all towns and cities could be expected to follow, according to analysts, given the factors on governance, technical capacity, and market demand. Quezon City is among the local government units (LGUs) […]
DoTr turns to ADB support for airport partnership
THE Department of Transportation (DoTr) is engaging the Asian Development Bank (ADB) for technical support in opening up the Ninoy Aquino International Airport (NAIA) to private companies seeking long-term contracts, an official said. “We are engaging the Asian Development Bank to support us for the NAIA PPP (public-private partnership),” DoTr Assistant Secretary for Planning and […]
Senator pushes for in-city, suburban resettlement sites
A SENATOR on Monday pushed for the construction of resettlement sites within or at the outskirts of urban areas, where beneficiaries of housing programs can still have easy access to livelihood, utilities, and public services. Senator Joseph Victor “JV” G. Ejercito, during a hearing on Monday, said informal settlers should be given “meaningful” relocation as […]
Scientists call out senators for cracking jokes during discussion on alarming reclamation projects
THE ADVOCATES of Science and Technology for the People (AGHAM), a group of Filipino scientists, has admonished senators for making jokes during a discussion on reclamation projects, which it said pose very serious threats to the country’s marine ecosystems. “Reclamation is one of the biggest threats to our seas,” AGHAM Public Information Officer and Resident […]
Gov’t gauging level of private interest in EDSA busway, north rail PPPs
THE government is consulting the private sector on how to make two key transportation projects more attractive to potential public-private partnership (PPP) investors, the Department of Transportation (DoTr) said. The transportation projects up for PPP include the busway system project along Epifanio delos Santos Avenue (EDSA) in the National Capital Region (NCR) and the North […]
Civil society groups, environmentalists call for review on all recla projects
A GROUP composed of civil society organizations and environment advocates wants the national government to review 758 reclamation projects in the country, including the 145 being implemented in Cebu. Members of the Save Cebu Movement gathered at the University of the Philippines Cebu campus on Saturday morning, Nov. 5, 2022. They want to protect the […]