DOTs seeks private sector support for transport projects
The private sector’s support will play a pivotal role in speeding up the completion of vital transport infrastructure projects, Transportation Secretary Jaime Bautista said Wednesday in a report by Philippine News Agency.
At the Stratbase ADR Institute Pilipinas Conference, Bautista said the DOTr has “resorted to seeking private sector support" due to the agency’s limited fiscal space.
“We need the cooperation of various stakeholders, including foreign and local business groups who have expressed keen interest in our highly investible transport projects,” he said.
Bautista said multi-sectoral projects are aimed toward providing a better travel experience for commuters.
“Our transport projects highlight the efforts of our government in pushing the infrastructure agenda of President Ferdinand Marcos Jr. to expand its pipeline of flagship projects that will transform the transport landscape, while improving mobility and connectivity,” he added.
Bautista cited several big-ticket transportation projects, which he said would “shake the status quo” in the transport sector.
Among the projects include the privatization of the Ninoy Aquino International Airport (NAIA), the New Manila International Airport in Bulacan (NMIA) and the modernization of several airports in Bukidnon, Catbalogan, Dumaguete, Tacloban, Kalibo, Caticlan, Laguindingan, Siargao, Zamboanga, Masbate and Cotabato.
The ongoing construction of the North-South Commuter Railway, the Metro Manila Subway and the Metro Rail Transit Line 7 is also poised to improve mobility and connectivity.
Road transport is also given priority with the modernization of public utility vehicles, the EDSA Busway, the establishment of bicycle lanes nationwide and the EDSA Greenways project.
Mayor Eric L. Olivarez expressed gratitude during a poignant ceremony at Parañaque City Hall Grounds as the city received a donation of essential equipment for 135 child development centers. The generous contribution, including interactional ...
An investigation is now underway into the hacking of the official Facebook page of the city government of Marikina, Mayor Marcelino Teodoro said in a report by Philippine News Agency. In a phone interview, Teodoro said the Facebook page of the Marik...
The Department of Agriculture (DA) lauded Friday the efforts of the United Nations' Food and Agriculture Organization (FAO) to help boost the country's aquaculture industry, according to a report by Philippine News Agency. Agriculture S...
Host-actress Mariel Rodriguez-Padilla has come under fire for conducting a gluta-drip session at the Senate office of her husband, actor-turned-Senator Robin Padilla. Mariel's now-deleted Instagram photo sparked criticism on social media, prompt...