The National Economic and Development Authority (Neda) board raised the budget for the Cebu Bus Rapid Transit (CBRT) from P16.3 billion to P28.78 billion during its 10th meeting. The additional P12.4 billion budget will cover the cost of changes in the project plan that now includes mixed traffic sections from Bulacao to Talisay, South Road Properties (SRP) to Talisay, and Cebu IT Park to Talamban. Additionally, there will be an increase in the number of stations and terminals, optimization of routes, and an overall increase in the number of buses.
National Economic and Development Authority Sec. Arsenio M. Balisacan announces PHP 269.7 billion in high-impact programs and projects at the tenth NEDA Board Meeting, including the Upgrade, Expansion, Operations, and Maintenance of the Bohol-Panglao International Airport and the Dialysis Center Project of the Baguio General Hospital and Medical Center.
HIGH-IMPACT programs and projects worth approximately P269.7 billion have been approved and are expected to boost tourism and address health care gaps, a Cabinet official said Friday.