DOTC allots Php29.9B for transport projects in 2016

September 16, 2015 6:12 am 

By Azer N. Parrocha

MANILA, Sept. 15 (PNA) — The Department of Transportation and Communications (DOTC) said on Tuesday that it will set aside a total of Php 29.9 billion for various transport projects next year.

During a budget hearing at the House of Representatives, DOTC Assistant Secretary for Planning Sherielysse Reyes-Bonifacio said that out of the amount, about Php 20.9 billion would be locally-funded projects while Php 8.9 billion would be foreign-assisted.

Governance projects will make up the highest percent of the budget pie at 33 percent (Php9.9-billion); followed by aviation at 30 percent (Php9-billion); railways at 27 percent (Php 7.9-billion); roads and bridges at six percent (Php 1.7-billion), and ports and lighthouses and harbors at four percent (Php 1.2-billion).

DOTC said that the increase in budget for governance project allocation was due to upgrades and rehabilitation works for the Metro Rail Transit Line 3 (MRT-3).

In the same hearing, DOTC Secretary Joseph Emilio Abaya said the agency aimed to control ownership of the country’s oldest rail system but privatize its operations and maintenance (O&M). (PNA)



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