Metro Manila (CNN Philippines, February 4) – More than 200 proposed “big-ticket” projects are being studied by the National Economic and Development Authority (NEDA), which is eyeing to release its approved list at the end of the first quarter of the year.
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Citing NEDA Undersecretary Rosemarie Edillon, the Presidential Communications Office said NEDA is currently vetting 206 proposals.
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“And that’s just for iyong tinatawag nating magiging flagship [what we call flagship projects],” Edillon was quoted as saying. “That could still be trimmed down…Iyon nga tinitingnan natin iyong viability nito [We’re looking into their viability].”
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The NEDA official added that there is a longer list of around 3,000 proposals covering the entire term of President Ferdinand Marcos Jr. until 2028.
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According to Edillon, the projects will be funded through various schemes such as public-private partnerships (PPPs), grants, and government allocation.
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She added that the administration will focus on projects that are solicited PPPs, and those that could help the government achieve its economic growth targets, increase employment, and reduce poverty.
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Earlier, NEDA announced that its board – chaired by Marcos – approved seven “high-impact” projects, including the ₱6-billion Philippine General Hospital Cancer Center and the ₱17-billion new Dumaguete Airport Development Project.
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