Capitol to spend P665M for road infra projects in 2018

• Source: http://www.sunstar.com.ph/cebu/local-news/2017/08/24/capitol-spend-p665m-road-infra-projects-2018-560117
• Thursday, August 24, 2017

(EOB)

THE opening of new roads and concreting of existing roads will be prioritized in the list of projects to be funded by the Province’s P665-million Local Development Fund (LDF) for 2018, the Provincial Development Council (PDC) said.

The council convened yesterday and discussed the projects that Capitol will prioritize for inclusion in the Annual Investment Plan (AIP), which will be funded by the LDF.

The LDF represents 20 percent of the Capitol’s share in the Internal Revenue Allotment (IRA), which is estimated at P665 million for 2018.

Provincial Budget Officer Danilo Rodas said that of the P665 million, P565 million will be for projects that will be implemented by the Provincial Government.

The remaining P100 million will be downloaded to the municipalities and cities.

Rodas said the projects that were already identified as priority include about 130.2 kilometers of new roads in different barangays. There are also existing roads that will be concreted.

Rodas said the Capitol’s wish list of projects includes some 200 projects, but they had to prioritize based on importance.

“We know that we have limited public funds so we have to prioritize our projects and schedule which of them will be implemented in 2018, 2019 and 2020,” Rodas said.

The list of projects has yet to be approved by Gov. Hilario Davide III and the Provincial Board, but Rodas said they are “good as approved.”

“We have already finished planning the projects for 2017, so we are now planning what projects to be implemented in the next three years,” Rodas said.

He said the projects that made it to the list are those that were proposed during the sectoral workshops that were held in time for the preparation of the AIP.