PRESIDENT Ferdinand Marcos Jr. has approved the extension of the construction period and other adjustments to two flood control projects, Malacañang said Tuesday, in line with government efforts to mitigate the impact of natural disasters.
PRESIDENT Ferdinand Marcos Jr. has approved the extension of the construction period and other adjustments to two flood control projects, Malacañang said Tuesday, in line with government efforts to mitigate the impact of natural disasters.Marcos greenlit the changes to the Cavite Industrial Area-Flood Risk Management Project and the Pasig-Marikina River Channel Improvement Project-Phase IV during the 22nd meeting of the National Economic and Development Authority Board, which he chairs.
21-percent complete as of end-September, with a slippage of 55.79 percent, and a fund utilization rate of 35.42 percent, or P3.5 billion.The project aims to mitigate flood damage in the lower reaches of the San Juan River Basin and its adjacent Maalimango Creek Drainage Area in Cavite.For the Pasig-Marikina project, Chavez said the NEDA Board approved an increase in the cost to P57.7 billion from P33.1 billion.
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