GOVT EYES NEW ROUND OF INFRA WORKS

THE government is eyeing to start a new round of infrastructures initiative by 2024 with the completion of a three-year project roadmap next year.

In a statement on Wednesday, the Office of the Press Secretary (OPS) said the National Economic and Development Authority (NEDA) is now working on a ree-year Rolling Infrastructure Plan (TRIP) for 2024-2026.

It noted the government will make use of public-private partnerships (PPPS) for the said infrastructure as well as other projects on priority sectors.

e 8-point priority agenda of the Marcos administration are food security, transportation, affordable and clean energy, health care, education, social services, sound fiscal management, and bureaucratic efficiency.

e initiatives will be augmented by the Regional Development Plan (RDP) and the Public Investment Program (PIP) for 2023-2028, which NEDA is also currently drafting.

“e administration of President Ferdinand R. Marcos Jr. is eyeing to pursue publicprivate partnerships on infrastructure development and facilitate the development of local PPP projects in priority sectors to prop up the economy and create jobs,” the OPS said.

Aside from the said plans, NEDA is also pushing for the registration of the 92 million Filipinos in the Philippine Identification System (Philsys) and conducting the Census of Agriculture and Fisheries for Calendar Year 2022 and the 2023 Family Income and Expenditure Survey.

It will also pursue the adoption of the five-year most favored nation (MFN) Tariff Structure and the passage of the remaining 30 bills in the Legislative-executive Development Advisory Council (LEDAC).