DOTC sets P29.9-billion infrastructure budget for 2016 (Business Mirror (Philippines))

The government is allocating P29.9 billion for the modernization and rehabilitation of airports, seaports and railways next year, said Sherielysse Reyes-Bonifacio, assistant secretary for Planning of the Department of Transportation and Communications (DOTC). Of the proposed P29.9-billion infrastructure budget of the DOTC, P9.041 billion (P6.7 billion locally funded and P2.3 billion foreign-assisted) is for aviation; P7.96…