The National Economic and Development Authority (Neda) on Wednesday approved new infrastructure projects during its 18th board meeting presided by President Benigno Aquino III.
In a statement, Communications Secretary Herminio Coloma on Thursday said the projects would “seek to spur further economic development.”
The Neda board approved the re-alignment of the Ninoy Aquino International Airport (Naia) Expressway Project, Phase II from the Domestic Road to the Parañaque River/Electrical Road.
The said alignment transfer will cost P2.04 billion, which will be sourced from the national budget.
Neda also approved the change in scope of the Daang Hari-South Luzon Expressway (Slex) Link Road Project, which sought to improve access to and from both roads of the network. The project will cost P223 million from the national budget.
“The Neda board calendared for further discussions the Bonifacio Global City and Ortigas Road Link Project, which will decongest traffic in Edsa and C5,” Coloma added.
In a statement, Neda Chair Arsenio Balisacan said the infrastructure projects would help in “reconciling the increasing need of motorists and the service capacity of these roads over the course of time.”
Aside from the road projects, the board also approved the P1.587-billion Civil Registry System Information Technology Project of the Philippine Statistics Authority (PSA).
“The approval of the Civil Registry System Information Technology Project will extend and enhance the Philippine Statistics Authority’s civil registry document services, which is a highly critical need for Filipino citizens,” Balisacan said.
Coloma said the computerized system would use imaging technology in collecting, storing, maintaining, and managing civil registry documents. TVJ
RELATED STORIES
US trade agency, Neda work on PH infra projects
Neda board approves LRT extension, P63.6B worth of infrastructure