Manila:President Ferdinand R. Marcos Jr. is advocating for the expedited implementation of essential development projects aimed at bolstering the Philippines' energy security, mitigating flooding, improving mobility, and expanding social protection services.
According to Philippines News agency, during the 12th meeting of the Economy and Development Council (EDC) at Malacañan Palace, President Marcos reviewed various government projects. The government aims to advance initiatives that deliver direct benefits to Filipino families, including reliable electricity, enhanced flood protection, faster travel, and more affordable education.
The Presidential Communications Office (PCO) highlighted the rehabilitation and modernization of the Agus-Pulangi hydropower plants to increase Mindanao's electricity supply. This project is expected to restore the hydropower complex's generating capacity and increase annual electricity production, with a proposal to cap electricity tariffs at PHP4 per kilowatt-hour, pending approval by the Energy Regulatory Commission.
For flood protection, the meeting addressed the completion of seven remaining pumping stations under Phase 1 of the Metro Manila Flood Management Project. An extension until May 31, 2027, is proposed to complete these facilities, aimed at improving floodwater management in the region.
Additionally, President Marcos instructed the Department of Public Works and Highways to resolve funding and implementation issues for the Samal Island-Davao City Connector Project. This bridge is anticipated to enhance connectivity and economic opportunities by linking Davao City to the Island Garden City of Samal.
The Economy and Development Council also discussed Project Balay, a pilot initiative to provide affordable dormitories at five state universities and colleges. Targeting students from disadvantaged sectors, this program will be implemented through the Commission on Higher Education and the Pag-IBIG Fund, with proposed financing options to support construction costs and future loan payments.
