ALBAY 2nd District Rep. Joey Salceda said the government should not depend on new taxes to pay for the nation's debts but instead harness scientific land reclamation as additional source of revenue.
2nd District Rep. Joey Salceda said the government should not depend on new taxes to pay for the nation's debts but instead harness scientific land reclamation as additional source of revenue.The House Ways and Means panel head added that the Manila Bay reclamation projects could serve as a fiscal lifeline for the national economy. Salceda 's statement was praised by the Philippine Reclamation Authority .
Second District Rep. Joey Salceda'The Committee sessions have been pivotal in clarifying national policies on land reclamation while at the same time prescribing systematic, orderly, and scientific methodologies to evaluating and approving such projects,' the PRA said in a statement.It added that reclamation projects could generate P23.113 trillion in investments, contribute P1.155 trillion annually in general gross value added and create nearly 580,000 jobs.
Pushes Responsible Reclamation
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