The Philippine Reclamation Authority granted the request of Waterfront Manila Premier Development Inc. to defer the payment of regulatory fee and start the mobilization of its reclamation project in Manila after a Makati court issued the greenlight to the project.
PRA Reclamation and Regulation Office general manager Joseph John Literal said in a letter to WMPDI president Kenneth Gatchalian that its board approved the additional 60 days extension of time within which to comply with the second tranche payment of the initial regulatory fee and social environment fun until Oct. 18, 2022 for the P34.3-billion reclamation and horizontal development of 318 hectares in Manila Bay.
Literal also said that the PRA board approved MWPDI’s permit to commence mobilization and actual reclamation works upon payment of the required initial regulatory fee.
“Pursuant to Section 8 or PRA Administrative Order No. 2021-02 or the policy and guidelines of SEF, the effectivity of the Notice to Proceed, or in this case the Notice to Mobilize and Notice to Commence Actual Reclamation Works shall only commence upon PRA receipt of the full payment of the SEF and upon PRA confirmation of such receipt,” he said.