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NEDA approves 194 high-impact projects

THE National Economic and Development Authority (NEDA) Board, with President Ferdinand Marcos Jr. at the helm, has green-lighted 194 high-impact priority projects under the Infrastructure Flagship Projects (IFPs). It also approved amendments to the 2013 Joint Venture (JV) Guidelines that are seen to further strengthen the government's 'Build Better More' program.

NEDA Director-General Arsenio Balisacan said the new IFP list and the amendments to the JV guidelines will improve the country's competitiveness and make it a prime investment destination in the region.

NEDA meet President Ferdinand Marcos Jr. presides over the NEDA board meeting in Malacañang on Thursday, March 9, 2023. During the meeting, 194 priority projects were approved. CONTRIBUTED PHOTO