P2.4-B budget approved for Daang Hari, NAIA, other road projects
MANILA, Philippines - The Department of Budget and Management has approved the release of P2.39 billion funds for various road projects under the Aquino government's much-touted Public-Private Partnership (PPP) program.
In a statement on Sunday, July 8, Budget Secretary Florencio Abad said these funds will be released to the Department of Public Works and Highways (DPWH) so work on "the preliminary requirements for projects [will] facilitate quicker and more efficient project execution.”
“The Aquino administration is laying down the proper groundwork for our private sector engagements so that project implementation will proceed seamlessly," Abad said.
Below is a breakdown of how the funds will be used for the preparatory work on road infrastructure projects this 2012:
- P259.2 million for the Daang Hari Road Project, a 4-kilometer 4-lane toll road that was the first PPP project the Aquino government was able to bid out. About P177.3 million will be used for right-of-way (ROW) claims, P35.2 million for the widening of the bridge at the Susana Heights Interchange, and the rest for "individual consultant fees and Advance Improvement Works of Alabang-Sto Tomas Development, Inc.”
- P284.33 million for the Ninoy Aquino International Airport (NAIA) Expressway Project, which will connect the Manila airport to the up and coming tourism and casino hub, Pagcor Entertainment City. The funds will be used as initial payment of ROW claims for affected lots and properties, informal settlers, as well as the clearing of affected structures.
- P1.85 billion for ROW claims for the DPWH’s nationwide road and flood control projects.
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