Connect with us

Hi, what are you looking for?

News

DPWH says enough time to pump-prime economy

DPWH

THE DEPARTMENT of Public Works and Highways (DPWH) announced the appointment of a new chief implementer for the Build, Build, Build program, saying that there is sufficient time to stimulate the economy with accelerated infrastructure programs, even as the administration’s time in office winds down.

Public Works and Highways Undersecretary Emil K. Sadain was tasked by President Rodrigo R. Duterte to oversee the government’s flagship building program, the DPWH said Tuesday.

“Although the term of current administration is winding down, there will be no let up in the government’s commitment to pump-prime the economy with investment in more projects to stimulate both short-term growth through employment generation and long-term inclusive development by ensuring that infrastructure is not merely concentrated in urban areas but extends even to the countryside,” the department said in a statement.

Mr. Sadain’s marching orders are “the expeditious execution and timely completion of well-planned, sustainable and integrated infrastructure identified as key to accelerating economic growth.”

Mr. Sadain will be responsible for bringing Philippine infrastructure up to par “with the world’s best.”

Mr. Sadain, a civil engineer, was quoted as saying that he will seek “reduce the lag time from conceptualization to implementation and shorten startup periods by compressing the timeline in the review and approval process so as to accelerate priority projects from pre-planning stage of feasibility studies to detailed engineering design, procurement, civil works construction, and completion.” — Arjay L. Balinbin

Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest

News

REUTERS Shares of Germany’s largest bank Deutsche Bank plunged on Friday as investors fretted that regulators and central banks have yet to contain the...

News

US President Joseph R. Biden (left) and Canada Prime Minister Justin Pierre James Trudeau (right) original images from Reuters OTTAWA – US President Joe Biden and...

News

STOCK PHOTO Image by F1 Digitals from Pixabay LONDON – Most patients admitted to hospitals with acute viral infections are given antibiotics as a precaution against...

News

SYDNEY, – New Zealand Foreign Affairs Minister Nanaia Mahuta said on Saturday she had expressed concerns over the South China Sea and tensions in the Taiwan...

News

REUTERS WASHINGTON/NEW YORK – The banking crisis set off by the swift collapse of Silicon Valley Bank has exposed a sharp disconnect between Washington and Wall Street....

News

Intel Co-Founder Gordon Moore link: https://bit.ly/3z4FxRx SAN FRANCISCO – Intel Corp. co-founder Gordon Moore, a pioneer in the semiconductor industry whose “Moore’s Law” predicted a steady rise...

You May Also Like

News

COVID-19 has had a significant impact on the mental health of Filipinos across different groups all over the archipelago. From frontline workers, parents balancing...

News

REUTERS By Luz Wendy T. Noble, Reporter The country’s foreign exchange buffers slightly increased as of end-October as the value of the central bank’s...

News

BW FILE PHOTO GROSS BORROWINGS by the National Government reached P2.6 trillion as of end-September as it continued to raise funds to respond to...

News

KARASOLAR.COM TENA, Ecuador — Ecuador’s rainforest Achuar people say their ancestors long dreamed of a “fire canoe” or “electric fish” that would let them...

Disclaimer: Respect Investment.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2022 Respect Investment. All Rights Reserved.