Saturday, July 1, 2017

Golez: Let's pray for smooth implementation, no hitches, no graft. @inquirerdotnet Duterte rolls out legacy projects.

Golez: Let's pray for smooth implementation, no hitches, no graft. @inquirerdotnet Duterte rolls out legacy projects.
I quote from this PDI news:
"...the “build, build, build” program calls for about P8 trillion in public and private spending over the period of the President’s term until 2022.
Among the so-called “legacy projects” that the Duterte administration plans to roll out during his term are:
1. the P227-billion Mega Manila Subway;
2. the P105.3-billion Philippine National Railways (PNR)-North South Commuter Rail;
3. the P150-billion PNR North-2;
4. the P134-billion PNR South Commuter;
5. the P151-billion PNR Long Haul;
6. the P80.41 billion Mindanao Logistics Infrastructure Network;
7. the P57.6-billion Subic-Clark Cargo Railway Project;
8. the P26.65-billion Metro Manila Skyway Stage 3;
9. the P21.9-billion Bonifacio Global City to Ninoy Aquino International Airport (Naia) bus rapid transit system;
10. the P18-billion Metro Cebu Expressway;
11. the P19.8-billion Davao City By-Pass, and
12. the P14.9-billion Central Luzon Link Expressway.
Mr. Duterte’s government wants to set infrastructure spending at 5.3 percent of the economy this year against an average of 2.9 percent during the Aquino administration. The plan is to bring this up to more than 7 percent by 2022. The goal of such massive spending was to support growth, officials said.
The other objective was to cut crippling traffic in major urban areas across the country, a problem likely to stay a while longer since many of the larger projects like trains and new roads would be completed by 2020 and beyond.
About 60 projects valued at close to P1.8 trillion have been identified under the “build, build, build” program, most of them aimed at easing land, air and sea bottlenecks. About P1 trillion of these are train projects alone.
Golez: I wonder why there is no International Airport Project to bring up our airport quality comparable to that of Bangkok or even just Hanoi.
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