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Philippines
Friday, March 29, 2024

DOF, DPWH review ODA-funded projects

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Officials of the Department of Public Works and Highways and the Department of Finance met on Friday for the review of flagship infrastructure projects funded by official development assistance.

DPWH Senior Undersecretary Emil Sadain said the review meeting with the DOF International Finance Group headed by Undersecretary Mark Dennis Joven was in line with the goal of stepping up implementation of key infrastructure projects to support the government’s economic recovery and create the foundation for stronger and more inclusive growth.

Public Works Secretary Manuel Bonoan earlier said the administration of President Ferdinand Romualdez Marcos Jr. would ‘build better more’ as it continues to complete flagship infrastructure projects that were started and approved by the previous administration.

Sadain said several roads, bridges, and flood control projects handled by the DPWH Unified Project Management Office Operations are financed by foreign grants and loans and passed on to the new administration in the advanced stage of implementation.

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