New P184B infra projects to sustain PH growth – NEDA

THE government’s newly approved infrastructure projects, costing about P184.4 billion, will contribute significantly to the infrastructure investment needed to sustain the country’s economic growth and make it inclusive, state economic planners said.

“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 the resiliency of many areas against climate-related risks and disasters,” Economic Planning Secretary Arsenio Balisacan said in a statement.