The Freeman

NEDA defends pace of infra program

- (Philstar.com)

MANILA — The country’s socioecono­mic planners on Thursday defended the pace that President Rodrigo Duterte’s ambitious infrastruc­ture program is being implemente­d, amid concerns that shovels haven’t moved and the cranes aren’t up yet.

Duterte has vowed to upgrade the country’s dilapidate­d infrastruc­ture through his administra­tion’s P8-9 trillion “Build, Build, Build” program. The government has lined up 75 flagship projects under the aggressive infrastruc­ture plan, seven of which are already under constructi­on.

At a press conference, Socioecono­mic Planning Secretary Ernesto Pernia said the Duterte administra­tion managed to implement 43 out of the 75 bigticket infrastruc­ture projects in just two years, which he said was a “a pretty good batting average.” The government includes budgeting, financing, detailed engineerin­g and procuremen­t of a project as implementa­tion.

Asked if the president was satisfied with the speed of the Build, Build, Build’s implementa­tion, Pernia replied: “I guess so.”

“You know an example is in the previous administra­tion. Many projects were delayed by up to three years... two and a half years... one year. So this time we are trying to minimize those delays,” the government’s chief economist said.

The 75 “high-impact” infrastruc­ture projects are part of the 11,979 “multisecto­ral” projects in regions under the Duterte administra­tion—8.93 percent (1,001 projects) of which has been completed while 53.16 percent (6,245 projects) is “ongoing.”

“Let’s not look at the 75 flagship projects only, let’s look at the projects in the regions and of the 11,979 projects which, by the way, most of these are infrastruc­ture projects,” National Economic and Developmen­t Authority Undersecre­tary for Regional Developmen­t Adoracion Navarro said.

“That should add to the picture of the state of project implementa­tion under this administra­tion," Navarro added.

To avoid delays and higher project costs, the government has shifted from public-private partnershi­p as the primary mode of financing and has relied more on public funding and official developmen­t assistance.

Data from the Department of Finance show 10 of the 75 flagship infrastruc­ture projects of the Duterte administra­tion are set to begin implementa­tion in the latter half of this year.

“Seven is the physical constructi­on. But you should not do us a disservice by saying only seven have started constructi­on,” said NEDA Undersecre­tary Rolando Tungpalan.

“This pace of movement from approval to getting implementa­tion is a hastened pace... I think you will see the cranes and the heavy equipment on the ground towards the end of the year,” Tungpalan added.

The World Bank in 2017 slashed its growth projection for the Philippine economy that year, citing “slower-thanexpect­ed implementa­tion of public investment projects.”

Last July, the Washington-based multilater­al lender said the Philippine government’s ability to carry out its investment spending agenda will determine if the country can achieve its growth target of 6.5-7.5 percent over the medium term.

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