The Investment Coordination Committee-Cabinet Committee and the Committee on Infrastructure (Infracom) Cabinet level yesterday approved the revised list of 100 infrastructure flagship projects (IFPs) costing approximately P4.2 trillion or half the amount set for the P8 trillion Build, Build, Build program.
The list was presented by Presidential Adviser for Flagship Programs and Projects Secretary Vince Dizon, also president and chief executive officer of the Bases Conversion and Development Authority.
Dizon said all of the 100 flagship projects will be started under the term of President Duterte and a significant number will be completed and some will be partially operational by 2022.
The 100 flagship projects cover five categories, with transport and mobility as the top priority. The four are power, water, information and communications technology and urban development and renewal.
Included in the list are the Metro Manila Subway Project, North South Commuter Railway, Clark International Airport Expansion Project, Cebu Monorail System, Panay-Guimaras Negros Bridge, Samal Island-Davao City Connector Bridge, and the Mindanao Rail Project.
New projects of national and regional importance will be included later on, especially in Visayas and Mindanao.
Of the total projects, 26 will be implemented through Public-Private Partnerships.
