NEWS
-
TUGADE ORDERS EXPEDITED DELIVERY OF TRAIN SETS FOR PNR CLARK PHASE 1
Publish Date : 7/16/2019 12:00:00 AM
Train sets for the PNR Clark Phase 1 will be delivered ahead of the original schedule, following the contract signing for Package 3 of the rail project today, 16 July 2019. A flagship project under the Duterte administration, PNR Clark Phase 1 is a 37.6-kilometer mass railway transportation that will connect Tutuban, Manila to Malolos, Bulacan. It forms part of the mega railway network, the North-South Commuter Railway (NSCR). Contract Package 3, which was formalized today, covers the acqu...... read more -
PHL’S BIGGEST PORT PTB OPENS IN CAGAYAN DE ORO
Publish Date : 7/15/2019 12:00:00 AM
The Department of Transportation (DOTr) and the Philippine Ports Authority (PPA) inaugurated the country’s biggest port Passenger Terminal Building (PTB) at the Port of Cagayan de Oro today, 15 July 2019. Located within the Passenger Terminal Complex of the Port of Cagayan de Oro, the new PTB is a massive two-storey building with a total floor area of 5,597 square meters. The new terminal has a capacity of 3,000 passengers, triple its previous capacity. DOTr Secretary Arthur Tugade, tog...... read more -
NEW RAILS FOR MRT-3 NOW IN PHL
Publish Date : 7/10/2019 12:00:00 AM
Brand new rails will soon be placed on the tracks of the Metro Rail Transit Line 3 (MRT-3), as 100% of the rail shipment have arrived at Harbour Centre Port Terminal in Manila last night, 09 July 2019, in line with the overhaul and comprehensive rehabilitation of the rail line. Last night’s shipment, which arrived several months ahead of the scheduled date of delivery, comprised of 4,053 pieces of 18-meter rails that will replace all tracks along the MRT-3’s 17-kilometer main line. The delive...... read more -
17 AIRPORT PROJECTS COMPLETED IN FIRST HALF OF PRRD’S TERM; 28 MORE ONGOING
Publish Date : 7/9/2019 12:00:00 AM
Advancing air connectivity throughout the country and with the world, the Duterte administration, through the Department of Transportation (DOTr) Aviation and Airports Sector and the Civil Aviation Authority of the Philippines (CAAP), has completed 17 commercial airport projects, with 28 more ongoing, in the first half of President Rodrigo Roa Duterte’s term. DOTr Secretary Arthur Tugade highlighted the vital importance of air connectivity in regional development. “Connectivity and mobilit...... read more -
MRT-3 ON TRACK TO BEING FIXED AND RESTORED TO HIGH-GRADE DESIGN STATE
Publish Date : 7/5/2019 12:00:00 AM
With the comprehensive rehabilitation underway and ahead of schedule, the Metro Rail Transit Line 3 is on track to being fixed and restored to its original, high-grade design state by the third quarter of 2021. The DOTr MRT-3 said that since the Duterte Administration took office in 2016, a series of critical and strategic steps were taken to put the major rail line back on track. These include the termination of non-performing service providers, establishment of a government maintenance tran...... read more -
PHL’s BIGGEST PORT PASSENGER TERMINAL BUILDING UP FOR INAUGURATION IN CDO THIS JULY
Publish Date : 7/3/2019 12:00:00 AM
The Philippine Ports Authority (PPA) announced that the country’s biggest seaport Passenger Terminal Building (PTB), located at the Port of Cagayan de Oro, is set for inauguration on 15 July 2019. Lodged in a two-storey building with a total floor area of 5,597 square meters, the new CDO Port PTB boasts of a 1,176-passenger seating capacity on its ground floor, and a 1,221-passenger seating capacity on its second floor. According to PPA General Manager Jay Santiago, the new facility at the...... read more -
DOTr-PPA COMPLETES 200 SEAPORT PROJECTS UNDER DUTERTE ADMIN
Publish Date : 7/2/2019 12:00:00 AM
Enhancing connectivity and mobility across the archipelago, the administration of President Rodrigo Duterte, through the Department of Transportation (DOTr) Maritime Sector and the Philippine Ports Authority (PPA), has completed a total of 200 commercial and social/tourism port projects from 2016 up until the present. Of this number, 159 are commercial port projects facilitated by the PPA, while 41 are social/tourism port projects under the DOTr Maritime Sector. DOTr Secretary Arthur Tugad...... read more -
TUGADE INSPECTS SANGLEY AIRPORT CONSTRUCTION; ASSURES DEVELOPMENTS WILL MEET PRRD DEADLINE
Publish Date : 6/14/2019 12:00:00 AM
Department of Transportation (DOTr) Secretary Arthur P. Tugade assured that the construction of additional facilities at the Sangley Airport in Cavite will meet the November deadline set by President Rodrigo Duterte for its augmented operationalization. Tugade announced this, following the inspection he led at the airport today, 14 June 2019, in coordination with the Philippine Air Force (PAF) and the Philippine Navy (PN). The transportation chief inspected the completed asphalt overlay of...... read more -
24/7 CONSTRUCTION IN SANGLEY AIRPORT BEGINS; AIRLINES AGREE TO USE AIRPORT FOR GEN AV, TURBOPROP OPS
Publish Date : 6/13/2019 12:00:00 AM
The 24/7 construction of Sangley Airport in Cavite has begun today to accelerate completion of the project and meet the November deadline set by President Rodrigo Roa Duterte. Construction started last year, and is now at 48.68% completion rate. The asphalt overlay of the runway was finished in February this year, while the Passenger Terminal Building is at 18% completion rate, the drainage at 71.6%, and the hangars at 37%. To ensure the immediate operationalization of Sangley Airport as...... read more -
CAAP REMITS HIGHEST-EVER DIVIDEND OF PhP3.5 BILLION FOR 2018
Publish Date : 5/28/2019 12:00:00 AM
The Civil Aviation Authority of the Philippines (CAAP) remitted PhP3.5 billion in dividends to the National Government (NG) for fiscal year 2018, its highest ever in history. CAAP, a member of the “Billionaires’ Club,” an elite circle of Government-Owned and Controlled Corporations (GOCC) that remit billions of pesos to the NG, has a computed dividend payable of PhP958.5 million for 2018. However, the state aviation authority has reported an excess cash of PhP2.55 billion, and deemed it appr...... read more
GUIDELINES
The NEDA Board, through the Investment Coordination Committee (ICC), reviews and approves proposed projects costing at least PhP 1 Billion. The NEDA Board is chaired by the President with specific Cabinet Secretaries as members. The ICC is a committee of the NEDA Board chaired by the Secretary of the Department of Finance together with the Secretary of Socioeconomic Planning. For further information on the processing of projects for ICC review and approval, please refer to this
INVESTMENT COORDINATION COMMITTEE