Bulacan airport project to finish by end of Duterte’s term
While San Miguel Corp. (SMC) waits for the national government to green-light its proposed airport project in Bulacan, the National Economic and Development Authority (Neda) said the project may be completed by 2022, before President Rodrigo Duterte ends his term.
According to Neda Undersecretary Rolando Tungpalan, the target date will be achieved if the project will be approved this year.
But the agency’s Investment Coordination Committee (ICC) board is still evaluating SMC’s proposal. Recently, it asked the Department of Transportation (DOTr) to submit additional information to the ICC to further look into the nuances of the project.
“We asked the DOTr to submit additional information to enable us to validate some of the assumptions. The DOTr has submitted information, [but] I don’t know if it has already been assessed by the appraising offices,” Tungpalan said.
The ICC technical board will meet again on January 11, and the decision about the project may be announced this month.
“We have a January 11 ICC Technical Board [meeting]. We [need] to ascertain whether it’s [project is] ready. In other words, there is new information that would lend us to sharpen our analysis. January 11 is a critical date,” Tungpalan said.
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