P59.5B air, sea port dev't okayed
THE National Economic Development Authority (Neda) Board has approved last week the development of the Davao International Airport and the Davao Sasa Port, with a combined estimated cost of P59.56 billion.
The two projects are part of the 12 new infrastructure projects approved by the board last week.
The Davao Airport operations, maintenance, and development project will have an estimated cost of P40.57 billion, which will be in three phases.
The proponent of the project is the Deparment of Transportation and Communications which will be implmented through Public-Private Partnership (PPP) within a period of 30-35 years.
“This project involves the operations and maintenance of the Davao International Airport. It also provides additional facilities and other necessary improvements to enhance safety, security, access, passenger and cargo movement efficiency, and operational efficiency at the airport excluding air navigation control, air navigation services, and their associated services,” the Neda said in a statement.
Meanwhile, the Davao Sasa Port Modernization Project, proposed by the Philippine Ports Authority, has an estimated cost of P18.99 billion, which will also be implemented through PPP, with concession period of 30 to 35 years, inclusive of construction.
“The project is aimed at redeveloping and modernizing facilities, operations and maintenance of the Davao Sasa Port. This includes the construction of new quay wall and terminal, procurement, installation and operation of five Ship-to-Shore gantry (gooseneck-type) cranes, 14 Rubber Tyred Gantries, two reach stackers, 30 terminal tractors, 35 container trailers, 10 empty container handlers, and other auxiliary equipment,” Neda said.
Other projects approved by the board are the Flood Risk Management Project for Cagayan de Oro River; Sen. Gil Puyat Avenue/Makati Avenue-Paseo de Roxas Vehicles Underpass Project; Metro Manila Interchange Construction Project, Phase VI; Restoration of Damaged Bridges in Bohol; Operations, Maintenance and Development Project of the Iloilo, Bacolod, and Puerto Princesa airports; Regional Prison Facilities through Public-Private Partnership Project; Fisheries, Coastal Resources and Livelihood Project; and Project Convergence on Value Chain Enhancement for Growth and Empowerment.
“These approved projects will significantly contribute to the infrastructure investment needed to sustain growth and make it inclusive. The projects will allow Filipinos to have more access to social and economic opportunities. The transportation and port projects will improve the mobility of people and the efficiency of the flow of goods and services. Also, some of these projects will instill or enhance resiliency of many areas against climate-related risks and di- sasters,” Economic Planning Sec. Arsenio M. Balisacan said in a statement.