Senator Aquilino “Koko” Pimentel III has sought the abolition of the graft-ridden Road Board and transfers its powers and functions instead to the Department of Public Works and Highways (DPWH) and the Department of Transportation and Communications (DOTC).
Read More »Construction
Bill needed to strengthen PPP, says Recto
By Weng C. Ocfemia The Public Private Partnership (PPP) Act, according to Sen. Ralph G. Recto, will protect the interest of the government by putting safeguards in contracts so that the government is not shortchange and will not be left holding the bag alone in problematic joint ventures.
Read More »Five groups to vie for P171-billion rail project
By Daryl Rose Virtudazo Five groups have expressed interest in the P 171 billion North-South Railway Project (South Line) of the Department of Transportation and Communications (DOTC) under the government’s Public-Private Partnership (PPP) program.
Read More »Building construction expenditures pegged at P304.4B in 2013—survey
Based on the preliminary results of the 2013 Annual Survey of Philippine Business and Industry (ASPBI) conducted nationwide which was released Wednesday, there were 1,113 construction establishments with total employment (TE) of 20 and over in the formal sector of the economy.
Read More »Asia-Pacific PPP project fund starts operations
The Asia-Pacific Project Preparation Facility (AP3F), a multi-donor trust fund managed by the Asian Development Bank (ADB) to help developing Asia and the Pacific prepare, structure, and place bankable public-private partnership (PPP) projects in the market, launched its operations last week.
Read More »Construction of transport hub to begin September 2016
By Daryl Rose Virtudazo Construction of the P277.90-million integrated transport hub south of Manila will commence on September this year following the signing of the Concession Agreement for the South Integrated Transport Systems (ITS), said Transportation Secretary Joseph Emilio Abaya.
Read More »Convention center to rise in La Union
A unique convention center, shaped like a surfing board, will soon rise on a 13 hectare-hilly spot in Barangay Sevilla, San Fernando City.
Read More »Trade department requires contractors to attend PCAB seminars for license
The Department of Trade and Industry (DTI) reiterated its call that contractors need to attend the two-day authorized managing officers (AMO) course as a requirement for the release of a Philippine Contractors Accreditation Board (PCAB) license.
Read More »New MRT upgrade projects to benefit commuters
The Department of Transportation and Communications (DOTC) said there are improvement projects in the pipeline this year for the Metro Rail Transit Line 3 (MRT-3) that would provide passengers a better commuting experience and enhanced system reliability.
Read More »Kalsada program to boost growth of local government units
The Department of Public Works and Highways (DPWH) said the national project dubbed Konkreto at Ayos na Lansangan at Daan Tungo sa Pangkalahatang Kaunlaran (Kalsada) Program will help enhance economic activities among local government units and contribute to national growth.
Read More »
The Market Monitor Minding the Nation's Business