Gov’t approves P4.4-t projects under green lane

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Gov’t approves P4.4-t projects under green lane
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The Office of the Special Assistant to the President for Investment and Economic Affairs (OSAPIEA) said Thursday the government attracted P4.4 trillion in

The Office of the Special Assistant to the President for Investment and Economic Affairs said Thursday the government attracted P4.4 trillion in green lane-accredited projects as of Oct. 15, 2024.

Alongside the Green Lane initiative, the government is enhancing business processes with the issuance of Executive Order No. 32, which simplifies the permitting process for telecommunications and internet infrastructure. The updated Public-Private Partnership Code simplifies approval processes, encouraging greater private sector involvement in infrastructure development.

Other notable developments include the fully operational Philippine Digital National ID, which streamlines government services, promotes financial inclusion and eases transactions.

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