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Thursday, May 2, 2024

NEDA launches dashboard to monitor infra projects

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The National Economic and Development Authority launched the Infrastructure Flagship Projects Dashboard on Wednesday, Secretary Arsenio Balisacan said.

The dashboard is a publicly available, interactive tool that provides an overview of the 194 IFPs, highlighting their status, cost requirements, distribution by sector, mode of financing and regional location.

Complete with its own user guide, the dashboard will enable users to easily navigate, explore, analyze and delve into the data of the IFPs. 

“We expect the IFPs Dashboard to play a significant role in enhancing public-sector transparency as we monitor the progress and status of our major infrastructure projects. The platform also serves to promote accountability among implementing agencies, given that agencies are directed to regularly update NEDA on the progress of their IFPs on a quarterly basis,” Balisacan said in a statement.

The dashboard provides the status of the 194 IFPs as of the first quarter of 2023, serving as a baseline to benchmark future implementation progress of the said projects.

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Data collection for the second quarter of the 2023 monitoring report, however, is already underway and will be presented to the Committee on Infrastructure and NEDA board by mid-August. 

“NEDA is committed to efficiently govern the implementation of the government’s IFPs. We will ensure the quality and timely execution of these projects as they are critical in facilitating the transformation of the Philippine economic landscape over the next six years,” Balisacan said.

He said while some projects are expected to be completed in the near future, others are still undergoing further deliberation, planning and preparation to ensure their successful execution. The timeline of these projects highlights the complexity and scale of infrastructure development.

These high-impact and urgently-needed IFPs aim to showcase the government’s ‘Build-Better-More’ program and are seen to address the binding constraints to business investment and expansion that will create more, high-quality and resilient jobs that will allow the country to meet its poverty-reduction goals for the medium term.

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