ICC-CabCom approves project on public safety, bridge construction
October 24, 2017
The National Economic and Development Authority (NEDA) Board’s Investment Coordination Committee-Cabinet Committee (ICC-CabCom) approved on Friday two projects and one request for additional financing.
In a statement Tuesday, the first two new projects approved are the Phase I of the Safe Philippines Project of the Department of the Interior and Local Government and the Bridge Construction and Acceleration Project for Socioeconomic Development of the Department of Public Works and Highways.
The Safe Philippines Project aims to improve the capabilities of local government units towards collaborative and more efficient management of public order, security, and safety. With an estimated cost of P20.313 billion, the project entails building of 18 integrated operations and command centers that are complete with video surveillance systems and a remote backup data center.
Socioeconomic Planning Secretary Ernesto Pernia said the project ensures security, public order, and safety as this constitutes the bedrock Socioeconomic Agenda of the Duterte Administration.
“We value the need of people to feel safe wherever they are in the country and to be able to go about their business and other pursuits. This is essential in building the foundation for inclusive growth, a high trust society, and a globally competitive knowledge economy,” Pernia said.
The Bridge Construction and Acceleration Project for Socioeconomic Development, on the other hand, involves the construction of five iconic bridges and 25 truss bridges, altogether with a total length of 2,848 lineal meters, in nine regions of the country. With an estimated cost of P11.369 billion, the construction of these bridges is expected to be completed by 2022.
Meanwhile, the additional financing for the new Bohol Panglao International Airport project aims to address further civil works requirements of the project amounting to P1.23 billion.
The project is expected to be completed by June 2018. DMS
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