• DBM releases P2-B fund to bridge project for agri


    The Department of Budget and Management (DBM) disbursed a total of P2 billion to agrarian reform communities (ARC) that would enable building of bridges to improve logistics of agricultural trade within the country.

    In a statement, the DBM said that the P2 billion will be allotted to the “Tulay ng Pangulo Para Sa Kaunlarang Pang-Agraryo Project” (TPPKPP) that would be used to purchase bridge construction materials and build bridges to “to mainstream economic venues and promote development potentials.”

    The budget agency P2-billion fund was sourced from the Department of Public Works and Highways’ (DPWH) budget for the year.

    Budget Secretary Florencio Abad said that the released fund is also in line with the government’s aim to “improve production and income of our farmers” in development of agriculture.

    “The latest release for the construction of this bridge will continue to open opportunities for agribusiness development by linking our farmers to markets where they can sell their produce, as well as connect agri-communities to other commercial areas to encourage greater and more productive trade,” Abad said.

    “The Aquino Administration in keen on sustaining its efforts to ramp up rural and country-side development by continuously providing assistance to our agrarian reform communities and beneficiaries nationwide,” he added.

    According to the DBM, the TPPKPP covers the construction and installation of 418 pre-fabricated steel bridges in some ARCs nationwide by the DPWH-Bridge Management Cluster and the Department of Agrarian Reform (DAR).

    At present, the DAR have already endorsed 287 bridges for completion out of the 418. The DBM also said that 47 of the proposed 418 bridges were situated at the Visayas region hard-hit by Super Typhoon Yolanda.

    “We continue to mobilize additional assistance and recovery efforts to areas ravaged by [Super] Typhoon Yolanda. This latest release will complement ongoing and forthcoming rehabilitation and reconstruction efforts in the Visayas region, where we are striving to reestablish sustainable livelihood and restore the area’s vibrant economy the soonest possible time,” Abad said.


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