NEDA okays 6 PPP projects worth P76B

The National Economic and Development Authority (NEDA) Board approved six public-private partnership projects the other day totaling  P76.560 billion, Presidential Spokesman Edwin Lacierda said yesterday.
Lacierda said two of these projects were approved with conditions which include the P5.91 billion Philippine Ports and Coast Guard Capability Development Project under the Department of Transportation and Communications (DOTC) and the P27.5 billion Philippine Rural Development Project under the Department of Agriculture.

The Philippine Ports and Coast Guard Capability Development Project involves the procurement of four brand new 24-meter patrol boats and an 82-meter patrol boat which the Coast Guard expects to be delivered to the country in December and in 2014 respectively.

Philippine Rural Development Project aims to increase farm and fishery productivity and the incomes in the targeted program areas through the adoption and integration of climate-smart and resilient agriculture support, technologies, tools and systems; and to have a more market-oriented, climate-resilient agro-fishery sector.

The project will be implemented in the next six years in 80 provinces spread out in the 16 regions and would be done in coordination with the World Bank and the Global Environment Facility.

The other projects that were approved were the P21. 672 billion Market Transformation through Introduction of Energy Efficient Electric Vehicles Project that would be undertaken by the Department of Energy; the P9.419 billion that would be carried out by the Department of Education; and the P6.749 billion Change in Scope of the Post-Ondoy and Pepeng Short-Term Infrastructure Rehabilitation Project (POPSTIRP); and the P5.541 billion Pasig -Marikina River Channel Improvement project, both by the Department of Pubic Works and Highways.

The NEDA Board approved the modification of the Market Transformation project after project cost was raised to $504 million from P500 million following the $4 million grant from Clean Technology Fund (CTF) for the solar charging stations.

The Education project aims to improve equitable access to complete basic education and ensuring its quality; and build and sustain an effective, transparent and engaging governance of education. The two main components of the project are improving teaching and learning, and strengthening systems.

The POPSTIRP involves the use of a P461.2 million savings to implement 15 sub-projects which included eight flood control and seven road and bridges sub-projects in the areas of Pampanga, Tarlac, Nueva Ecija, and Cagayan.

The Pasig -Marikina River Channel Improvement project involves the second phase of the project which involves the construction and improvement of revetment, parapet wall and appurtenant drainage improvement works along the Pasig River, from Delpan Bridge up to the immediate vicinity of the Napindan Hydraulic Control Structure (NHCS), including design modification of river wall improvement works.

source:  Malaya