âBuild, Build, Buildâ enters legacy-building stage
May 11, 2021 | 12:04 am
Reporter
HEADING into its final year in office, the government will have tweaked the âBuild, Build, Buildâ (BBB) program multiple times to favor those projects with the best chance of being even partially completed before President Rodrigo R. Duterte steps down.
Starting with 75 big-ticket projects at its launch in 2017, the P8.4-trillion flagship infrastructure program was meant to address the Philippinesâ lack of competitiveness because of bad roads, transportation, and crippling road traffic that made Metro Manila a difficult place to live for its residents, much less investors.
But the project list was subjected to three revisions in four years, entailing several rounds of feasibility reassessment. The result was that some projects were omitted and other more âshovel-readyâ projects added to the list, ultimately expanding it to over 104. The National Economic and De
Bridges fall down the BBB priority list
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Infrastructure projects seen to boost demand for Bria Homes
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Published March 3, 2021, 10:30 AM
The government’s new infrastructure projects are expected to fuel housing demand outside of Metro Manila, according to one of the country’s top property developers.
Red Rosales, president of Bria Homes a subsidiary of Villar-owned Golden MV Holdings, Inc., said the current infrastructure projects will road travel between provinces easier and faster.
“The government’s massive infrastructure program is an effective tool to help spur high growth, attract investments, create jobs, and achieve financial inclusion for all Filipinos,” said Rosales.
Additionally, the infra projects are expected to aid in the country’s swift recovery when the pandemic is over. For instance, he cited, the tourism sector, which was hit hard by the nationwide lockdown last year and subsequent quarantine protocols, will once more come alive when people start moving freely from Metro Manila to other beautiful locations in the provinces.