PBBM touts 194 new infra projects under his admin

President Ferdinand R. Marcos during his second State of the Nation Address (SONA) at the Batasang Pambansa, July 24, 2023. (Presidential Communications Office photo)

Presidential Communications Office

President Ferdinand R. Marcos Jr. on Monday touted his administration’s P8.3-trillion “Build Better More” Program, vowing that the projects will benefit the whole country.

In his second State of the Nation Address (SONA), the President highlighted that one of the keys to continuing economic growth is infrastructure development.

“So, we will build better, and more. Our 8.3-trillion peso “Build Better More” Program is currently in progress and being vigorously implemented,” the President said

“Ang buong bansa ay makikinabang sa isandaan at siyamnapu’t apat na proyekto sa ilalim ng Programang ito,” he added.

The chief executive also mentioned in his speech that 123 projects under the Build-Better-More program are new.

“Hindi lamang natin ipinag-papatuloy ang mga nasimulan nang mga proyekto. Lalo pa nating pina-palawak. Kaya naman, ang isangdaan at dalawampu’t tatlong proyekto dito sa Build-Better-More program ay bago,” he said.

Marcos said the flagship projects cover investments in the areas of physical connectivity, water resources, agriculture, health, digital connectivity, and energy.

The President likewise noted that physical connectivity infrastructure—such as roads, bridges, seaports, airports, and mass transport—accounts for 83 percent of the program.

“Our infrastructure spending will be at 5 to 6 percent of our GDP,” he said. PND

READ MORE: PBBM admin to implement 1,200-kilometer Luzon Spine Expressway Network Program linking Ilocos, Bicol regions

 

Popular

PBBM’s satisfaction rating tops other PH gov’t offices in latest survey

By Dean Aubrey Caratiquet In the latest nationwide survey conducted by Tangere on 1,500 respondents from May 8 to 9, the Office of the President...

Palace: Int’l, local watchdogs tapped to ensure ‘clean, honest’ polls

By Ruth Abbey Gita-Carlos | Philippine News Agency The government is working with international and local watchdogs to ensure “clean and honest” midterm elections on...

DBM approves allowance increase of teachers, poll workers

By Brian Campued The Department of Budget and Management (DBM) on Friday announced that it has approved a P2,000 across-the-board increase in the compensation of...

24/7 threat monitoring center launched vs. online disinformation

By Raymond Carl Dela Cruz | Philippine News Agency The inter-agency “Task Force KKK (Katotohanan, Katapatan, Katarungan) sa Halalan” launched on Friday its new threat...