NextGen Day

MANILA – The working committee on Infrastructure Flagship Projects (IFP) remained optimistic about the incoming administration’s support for the “Build, Build, Build” (BBB) initiative, believing that infrastructure investments would be the cornerstones of long-term development.

Emil K. Sadain, Undersecretary of the Department of Public Works and Highways (DPWH) and chief implementer of the “Build, Build, Build” program, said that the implementation of large-scale infrastructure projects properly reviewed by the National Economic and Development Authority-Investment Coordination Committee (NEDA-ICC) Board deserves continuity to ensure economic progress.

The much-needed flagship infrastructure projects to close the country’s infrastructure gap, according to Sadain, will be major, if not the main, drivers of the country’s economic revival.

Bayani H. Agabin of the Department of Finance (DOF), Rolando U. Toledo of the Department of Budget and Management (DBM), Roderick M. Planta of the National Economic and Development Authority (NEDA), Takema Sakamoto of the Japan International Cooperation Agency (JICA) the Philippines, and Kelly Bird of the Asian Development Bank (ADB) joined the media briefing.

The importance of infrastructure to the investment climate is highlighted by the Philippines’ economic competitiveness rankings.

President Rodrigo Roa Duterte’s administration, according to DPWH Secretary Roger G. Mercado, has taken the first steps toward improving the Philippines’ competitiveness and improving the investment climate by launching the BBB program and investing adequately in infrastructure to support and sustain the country’s growing economic activities.

While there is still more to be done, the new administration must continue the program and create more infrastructure projects because of the benefits it has provided to the country.

Other initiatives have already begun, and Sadain believes that the future administration should push ahead and continue to establish a robust economy.

By the conclusion of Duterte’s tenure on June 30, the present administration is expected to have completed at least 19 major infrastructure projects, with another 12 scheduled for completion by the end of December.

At least 35 ongoing projects will be finished by 2023, with 10 projects currently in the detailed engineering design stage set to begin civil work in 2023.

Finance is being processed for nine projects, and nine more are being procured for detailed engineering design/civil works for implementation beginning in 2023.

The NEDA-ICC is reviewing and evaluating twenty projects, with five more in the planning stages.

Aside from the IFPs, Mercado will submit a consolidated report on the Cabinet Infrastructure Cluster’s successes at the Duterte Legacy Summit Final Report to the People on May 30, 2022.

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