Monday, September 8, 2014

PNOY cites rising infra priority for Mindanao

DAVAO CITY- President Benigno S. Aquino III cited his administration’s prioritization of infrastructure in the region during his speech at the launching of Philippine Business for Social Progress Mindanao Inclusive Agribusiness Program.

“We must boost Mindanao’s capacities, so that they themselves may catch up and contribute to our economic growth.” The President said in his speech

The President referred to his administration’s accomplishments in infrastructure which is in line with the plan of linkaging airports and seaports to the various food production and processing areas across Mindanao.

The infra plan reduces transport costs and lessen the need for middle men thus allowing Mindanao farmers to gain from their produce.

The President cited 3,491 kilometers of national roads, and 208.4 kilometers of farm-to-market roads, in Mindanao have been constructed, upgraded, or rehabilitated, under the current administration.

The President cited that from 2011 to 2014, over P99 billion was allotted for the construction of vital infrastructure in the region; while for 2015 another P63.13 billion has been proposed for infrastructure in Mindanao. 

Among the big infrastructure projects included the improvement of 161.3 kilometers of the Digos-Kidapawan-Pagalungan-Cotabato Road, together with the rehabilitation and strengthening of 39 bridges, the Basilan Circumferential Road, which the President is expecting to be finished soon. The Lake Lanao Circumferential Road Project in Lanao del Sur, another major infrastructure project in the region, is targeted to be completed by 2015.

“Since 2011, P16.2 billion has already been released for the construction, rehabilitation, and improvement of 410 kilometers of road networks under the Mindanao Logistics Infrastructure Network.”

The President said in his speech.

The PBSP’s Mindanao Inclusive Agribusiness Program which promotes the Inclusive Business Imperative campaign in Mindanao which seeks to address income gaps in the country by incorporating the poor within the company’s value chain as suppliers, distributors and employees.

The Mindanao Inclusive Agribusiness Program is engaged in the harvesting of cacao, coffeee, corn, palm oil and rubber. (PIA/RG Alama)

No comments:

Post a Comment