Construction

House Speaker Pantaleon D. Alvarez has called on the Department of Transportation (DOTr) to fast-track the building of the Light Railway Transit (LRT) – Metro Railway Transit (MRT) common station and to consider public welfare as its priority for the project. 

Damage to public infrastructure by the 6.7 magnitude earthquake that hit Surigao Province last week was placed at P103.4 million, the Department of Public Works and Highways reported. 

Ayala Land, Inc. (ALI) continued to make progress on its 2020 growth plan, posting a net income of P20.9 billion in 2016, 19% higher than the previous year. Consolidated revenues reached P124.6 billion, 16% higher year-on-year on the back of the stable growth of its property development business, balanced with the steady performance of its leasing portfolio. 

Housing and Urban Development Coordinating Council (HUDCC) Secretary General Angel R. Ojastro III and Lucena City Mayor Roderick Alcala led the distribution of Certificates of Lot Awards (CELAs) to 335 urban poor families who had been residing in non-core properties of the Philippine National Railway (PNR) in Lucena City. 

The Clark Development Corporation (CDC) is set to embark on a new Master Development Plan (MDP) in order to usher in a new business landscape inside the country’s top economic havens. 

The Department of Public Works and Highways (DPWH) opened to traffic two new lanes of the Laguna Lake Highway, formerly known as C-6 Dike Road. 

The Housing and Urban Development Coordinating Council (HUDCC) and the six key shelter agencies (KSAs) under its administrative supervision provided assistance to the typhoon victims as part of the government’s collective immediate response and to help the families recover from the aftermath of Typhoon Nina. 

The Project Development and Monitoring Facility (PDMF) Committee approved the funding for the conduct of feasibility studies and transaction advisory services for the San Ramon Newport Project. 

The Public-Private Partnership Center (PPPC) issued new guidelines that provide information and definition on what constitutes unsolicited proposals with detailed discussion on the requirements and approval process for each stage of the project under this route. 

The House of Representatives is eyeing a review of the law governing the Public Private Partnership program as it questioned the announcement of the Department of Transportation (DOTr) inviting bidders for the development, operations and maintenance of five unbundled airport projects.