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Monday, February 11, 2008

 

NEDA approves road project
in Arroyo bailiwick

By Darwin G. Amojelar, Reporter

THE Cabinet Committee of the National Economic and Development Authority (NEDA-Cabcom) has approved a multibillion-peso worth project that would expand a road that cuts through President Arroyo’s provincial bailiwick.

The NEDA said it approved the P2.057-billion widening of the Gapan-San Fernando-Olongapo road, which goes through Pampanga, the President’s home-province.

The second phase of the project would source 64 percent of its funds from the Korean Economic Development Cooperation Fund, with the remaining 36 percent representing the Philippine government’s counterpart.

The project involves widening the existing two-lane, 11.30-kilometer Palihan-Layac-Sta. Cruz stretch into four lanes. It would also entail the shoulder improvement on the two-lane 2.85-kilometer Layac-Dinalupihan Road and construction of a two-lane, 5.54-kilometer bypass road.

The NEDA said the project aims to reduce transportation constraints on the existing road, induce economic development in the area and to provide safer, convenient and faster travel for motorists coming from the south and north of the project area to various tourist and business destinations in Olongapo, Zambales and Bataan.

The NEDA also approved the P972.06-million new Bacolod Airport access road to be financed by a P604.87-million loan also from the Korean funding agency, with the Philippine government supplementing P367.20 million. The new 10.12-kilometer airport access road will connect the new Bacolod Airport in Silay City to Bacolod City.

Also approved was the P28.29 billion Road Enhancement and Asset Preservation Management Program of the Department of Public Works and Highways.

The project is a sector program type of assistance that aims to enhance the efforts of the government to improve, preserve, and manage its national roads systems. This program intends to complement and harmonize with the World Bank-assisted National Road Improvement and Management Program.

  
 

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