NEDA joint panel Oks 12 projects worth P626B

TWELVE infrastructure and transportation projects worth P626.11 billion will be up for President Rodrigo Duterte’s nod after gaining approval from a joint committee of the National Economic and Development Authority (NEDA) on Friday.

In a briefing at the Department of Finance’s headquarters in Manila, Vivencio Dizon, president and chief executive officer of the Bases Conversion and Development Authority, said among those approved by NEDA’s Investment Coordination Committee-Cabinet Committee were the unsolicited operate-add-transfer proposals for the Davao International Airport and Laguindingan Airport; the Metro Rail Transit 4 and EDSA Greenways projects; the Maritime Safety Enhancement Program; and the Bataan-Cavite Interlink Bridge Project.