President Ferdinand Marcos Jr. announced major infrastructure projects focused on modernizing transportation and driving economic growth across the Philippines.
President Ferdinand Marcos Jr. on Wednesday highlighted key infrastructure initiatives aimed at modernizing transportation and boosting economic opportunities in various parts of the country. Speaking at Malacañang, Mr. Marcos underscored the government’s commitment to transformative projects that reflect the “Bagong Pilipinas” mindset of innovation and progress.
\“We Filipinos have a saying: ‘Nothing is impossible for those of us who dream’,” President Marcos said, addressing diplomats, government officials, and private sector stakeholders. “But the journey to these dreams often starts with a queue—at terminals, on the streets, or in government offices. It’s time to move beyond queues and towards progress.”\The President unveiled plans for the P17-billion New Cebu International Container Port to alleviate congestion at Cebu Base Port, aiming to lower logistics costs, create jobs, and boost port operations. He also announced the P28-billion Cebu Bus Rapid Transit project for efficient transportation in Cebu City, tackling traffic issues. Additionally, a P4.5-billion public-private partnership will expand the Bohol-Panglao International Airport, increasing capacity to 2.5 million by 2026 and nearly 4 million by 2030 to accommodate more tourists. \ “This is not just about revenue; it’s about changing lives for the better,” he said, noting the project’s potential to create jobs and enhance the province’s tourism sector. The President also unveiled plans for new airports in Dumaguete and Siargao, two destinations with growing economic and tourism potential. \ “These projects will completely change the way people travel to and from these areas,” Mr. Marcos said
INFRASTRUCTURE PHILIPPINE ECONOMY TRANSPORTATION PRESIDENT MARCOS JR ECONOMIC GROWTH
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