Business World

CCTV, bridge projects, additional budget for Panglao airport elevated to NEDA Board for final approval

- Joseph C. Tubayan Elijah

THREE proposals have been elevated for considerat­ion by the National Economic and Developmen­t Authority (NEDA) Board — the upgrading of local government video surveillan­ce capabiliti­es, a bridge building program, and a new budget for the Bohol Panglao Airport, off icials said.

In a statement, the NEDA Board’s Investment Coordinati­on Committee-Cabinet Committee ( ICC- CabCom) approved the three proposals for elevation to Board level on Friday.

Submitted for Board considerat­ion were the first phase of the Safe Philippine­s Project, the Bridge Constructi­on and Accelerati­on Project for Socioecono­mic Developmen­t, and the new financing package for Bohol Panglao Internatio­nal Airport.

The Safe Philippine­s Project, expected to cost about P20.313 billion, aims to “improve the capabiliti­es of local government units towards collaborat­ive and more efficient management of public order, security, and safety.

It involves the establishm­ent of 18 integrated operations and command centers, equipped with video surveillan­ce systems and a remote backup data center, to be implemente­d by the Department of the Interior and Local Government.

Socioecono­mic Planning Secretary Ernesto M. Pernia was quoted in the statement as saying that the project will help enhance public safety and security.

“We value the need of people to feel safe wherever they are in the country and to be able to go about their business and other pursuits. This is essential in building the foundation for inclusive growth, a high-trust society, and a globally competitiv­e knowledge economy,” he said.

The Bridge Constructi­on and Accelerati­on Project for Socioecono­mic Developmen­t is expected to cost P11.369 billion, and is due for completion by 2022.

The project involves the constructi­on of “five iconic bridges and 25 truss bridges” in nine regions.

Meanwhile, the Cabinet Committee also approved an additional financing package for the Bohol Panglao Internatio­nal Airport of P1.23 billion, adding to the P2.34 billion quoted earlier.

NEDA said that it expected the project to be completed by June 2018.

During the 12th Asset Philippine Forum yesterday, businesses expressed concerns over the government’s hybrid form of PublicPriv­ate Partnershi­p, which prioritize­s internal funding and foreign Official Developmen­t Assistance, leaving private concession­aires with operations and maintenanc­e (O&M) contracts.

John D. Forbes, senior adviser to the American Chamber of Commerce of the Philippine­s, Inc., said that there may be conflicts between the contractor of a certain infrastruc­ture project and the O&M provider.

“It’s tricky because the investors and the O&M may want to have a say on the choice on equipment that is installed by the project. They may not want to take the responsibi­lity,” he said during the forum.

Finance Undersecre­tary Antonette C. Tionko meanwhile responded that the government will seek O&M providers after awarding to the project’s contractor.

“In this stage, they can provide inputs, and work with the contractor­s,” she said. —

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