Neda board approves LRT extension, P63.6B worth of infrastructure | Inquirer Business
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Neda board approves LRT extension, P63.6B worth of infrastructure

/ 06:16 PM May 19, 2015

The National Economic and Development Authority (Neda), chaired by President Benigno Aquino III, approved P61.9 billion worth of infrastructure projects on Tuesday afternoon.

Communications Secretary Herminio Coloma Jr. said Aquino provided over the Neda Board, which approved “vital public infrastructure projects that seek to further spur economic developments in key growth areas.”

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The projects approved are as follows:

LRT (Light Rail Transit) 2 West Extension Project – P10.118 billion

FEATURED STORIES

Road Improvement and Institutional Development Project (RIIDP) – P6.9 billion

National Roads Improvement and Management Program, Phase II – P28.943 billion

Agno River Irrigation System Extension Project / NIA – P2.630 billion

Balog-Balog Multipurpose Project, Phase II / OPAFSAM-NIA – P13.370 billion

Bureau of Fire Protection Capability Building Program, Phase II / DILG-BFP – P1.426 billion

Local Government Units Investment Programme (LIP) Supplement III / LBP – P0.231 billion

LRT extensions

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The LRT extension project, which is under the Department of Transportation and Communication, will involve the design and construction of a 3.02-kilometer train line from Recto station to Pier 4 area.

It also includes a “turnback” track with three proposed stations: Tutuban station, Divisoria station and Pier 4 station.

The Department of Public Works and Highways’ RIIDP will cover the upgrading of 339 kilometers of 10 major national roads in Benguet, La Union, Leyte, Iloilo, Negros Oriental, Agusan del Norte, Bukidnon and Cotabato.

“The National Roads Improvement and Management Program Phase II involves the restructuring and reallocation of US$60 million of the US$232 million World Bank loan to assist Local Government Units in expediting the rehabilitation of Yolanda-devastated areas,” Coloma said.

He said the meeting started at 10:20 a.m. and ended at 4:45 p.m.

PROJECT/IMPLEMENTING AGENCY PROJECT COST
  1. Proposed Change in Scope, Increase in Cost and Loan Extension of the Road Improvement and Institutional Development Project (RIIDP) / DPWH

 

DPWH Proposal

  1. Change in scope which involves deletion of six sub-components under Institutional Capacity Development (ICD) and inclusion of the reconstruction/replacement of typhoon-damaged Macasoy Bridge along Dipolog-Oroquieta Road in Zamboanga del Norte;
  2. Increase in cost from ICC-approved cost of  PhP6,241.760 million in 2011 to PhP 6,934.679 million;
  3. 24-month loan extension from 30 June 2016 – 30 June 2018.

 

Total Project Cost: PhP6.9 billionSources:ADB: P2.666 Billion

OFID: Php1.290 Billion

GOP: Php2.979 Billion (Local/GAA)

 

  1. Project Restructuring of the World Bank-funded National Roads Improvement and Management Program, Phase II / DPWH

DPWH Proposal

  1. Restructure/reallocate approximately US$60 million of the US$232 million World Bank loan to assist LGUs expedite the rehabilitation of Typhoon Yolanda-devastated areas in the Visayas Region; and
  2. Two-year extension of World Bank from December 2014 – December 2016.

 

Total Project Requirement:PhP28.943 BillionForeign Funding:

PhP10.452 Billion(from World Bank ODA Financing)

Local Counterpart:

PhP18.491 Billion

  1. Agno River Irrigation System Extension Project / NIA

 

Description

The project involves:

  1. Civil works in the Agno River Irrigation System (ARIS) and ADRIS;
  2. Institutional development of farmer beneficiaries; and
  3. Establishment of linkages with agricultural offices and non-government organizations to integrate and synchronize flow of implementation of agricultural development programs and services.

 

PhP2.630 Billion (Local Financing/GAA)
  1. Balog-Balog Multipurpose Project, Phase II / OPAFSAM-NIA

 

Description

–    Involves the construction of a 105.5 meter high dam with a crest length of 1.473 kilometers and a storage capacity of about 420 million cubic meters (MCM), including irrigation canals and appurtenant structures.

 

 

PhP13.370 Billion(Local Financing/GAA)

 

  1. LRT Line 2 West Extension Project / DOTC

Description

Involves the design and construction of the extension for the existing LRT Line 2, i.e., a total length of approximately 3.02 kilometers from the Recto station extending westward to the Pier 4 area including the turnback track.  The three (3) proposed additional stations include:

o  Tutuban Station -located next to the Cluster Mall;

o  Divisoria Station – located west of the Recto Avenue and Asuncion Street intersection; and

o  Pier 4 Station – located 50 meters north of Zaragoza Street.

 

PhP10.118 Billion

(Local Financing/GAA)

  1. Bureau of Fire Protection Capability Building Program, Phase II / DILG-BFP

 

Description

Involves the acquisition of 76 units of fire trucks to be deployed in selected priority cities nationwide. It has the following components:

  1. Supply and delivery of personal protective equipment (PPEs), breathing apparatus and ancillary equipment and accessories;
  2. Supply and delivery of spare parts equivalent to 5% of the cost of fire trucks; and
  3. Training of personnel on the operation and maintenance of the fire trucks.

 

Total Project Cost: PhP1.426. BillionSources:PhP1.230 Billion

(Austria-ODA financing)

PhP 0.196 Billion

(Local Financing/GAA)

  1. Local Government Units Investment Programme (LIP) Supplement III / LBP

 

Description

–    Shall finance LGU investments (i.e.,. local roads and bridges, sanitation, drainage and flood control, water supply, public market and bus terminal, rehabilitation/ modernization/ construction of public facilities, hospitals, schools, telecommunication, information technology, ports, and construction/ establishment of power generation projects, environment and tourism-related projects, and heavy equipment).

–    Would also include revenue improvement and enhancement programs for LGUs, including fiscal and management improvement and other income generating public facilities.

Total Project Cost:PhP 0.231 BillionSources:

Foreign Funding:

PhP 0.185 Billion

(Germany (KfW Development Bank) ODA loan]

LGU Borrower Counterpart:

PhP 0.46. Billion

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TAGS: Benigno Aquino III, light rail transit, LRT, National Economic and Development Authority, NEDA
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