THE Aquino government is looking at allocating P22.1 billion of its P1.816 trillion national budget to fund the pubic-private partnership (PPP) program next year.
According to the Department of Budget and Management, the fund would support projects involving among others right-of-way purchases and land development in line with large infrastructure projects under the PPP program.
Budget Secretary Florencio Abad recently announced that they would be implementing the PPP program by this year’s second half, adding that there has been efficient selection of potential investors for the projects.
The Department of Transportation and Communications is said to receive P8.6 billion; Department of Public Works and Highways and the Department of Health, P3 billion each; Department of Agriculture, P2.5 billion; and the Department of Education, P5 billion.
The budget for this year’s PPP programs was about P12.5 billion.
The first scheduled PPP project ready for bidding this month is the P1.6-billion Daang Hari-South Luzon Expressway (SLEX) Link Road Project.
Others included in the list of PPP infrastructure projects are contracts for the operation and maintenance of Metro Rail Transit 3 and Light Rail Transit 1; the P10.59-billion Ninoy Aquino International Airport Expressway Phase II Project; and the P21-billion North Luzon Expressway-SLEX Connector Project.
The PPP program is considered to be the centerpiece of the Aquino administration’s economic agenda aimed at tapping private-sector participation in large-scale infrastructure projects that will be carried out from 2011 onward.
The elite Makati Business Club earlier this week noted the “silence” of President Benigno Aquino 3rd on the PPP projects. –Maria Nikka U. Garriga, Manila Times
World Day for Safety and Health at Work
“Safety and health at work every day!”
Invoke Article 33 of the ILO constitution
against the military junta in Myanmar to carry out the 2021 ILO Commission of Inquiry recommendations against serious violations of Forced Labour and Freedom of Association protocols.
Accept National Unity Government
(NUG) of Myanmar.
Reject Military!
#WearMask #WashHands #Distancing #TakePicturesVideos
Monthly Observances:
March – Women’s Role in History Month
April – Month of Planet Earth
Weekly Observances:
Last Week of March: Protection and Gender Fair Treatment of the Girl Child Week
Last Week of April – World Immunization Week
Daily Observances:
Mar 25 – International Day of Remembrance of the Victims of Slavery and the Transallantic Slave Trade
Mar 27– Earth Hour
Apr 21 – Civil Service Day
Apr 22 – World Earth Day
Apr 28 – World Day for Safety and Health at Work
