RDC XI sets budget review guidelines, endorses infra projects
Davao City (24 April) -- The Regional Development Council XI conducted a meeting on April 11, 2007 at the Grand Regal Hotel in Davao City. During the assembly, the Council focused on the preparatory activities for the conduct of the forthcoming budget call and endorsed several infrastructure projects that are expected to contribute to a better economic condition of the region this year.
The Council passed a resolution approving the procedure for the RDC XI budget review and the CY 2008 Annual Investment Program. The approved procedure is expected to expedite and allow a smooth and effective conduct of the budget call for 2008, as well as ensure prioritization of relevant programs and projects to be implemented next year.
The infra projects endorsed by RDC XI include the establishment of the Malita Special Economic Zone; the Philippines-Japan Friendship Highway Rehabilitation Project, Phase 3 (Carmen-Davao City Section); the inclusion of the Davao-Cotabato Road (Davao-Digos section) and the Surigao-Davao Coastal Road (Tagum-Mati section) in the National Roads Improvement and Management Project-Phase 2; the construction of Sitio Cabugan-Sitio Anibongan Road in Manay, Davao Oriental under the Electric Power Industry Reform Act (EPIRA) Fund; and the inclusion of six bridge projects in the Department of Public Works and Highways Bridge Construction/Replacement Project under the Spanish Mixed Credit Facility.
In preparation for the forthcoming RDC XI reorganization, the Council also approved the guidelines for the selection of Private Sector Representatives (PSRs). Unlike in the past where the 12 PSRs are LGU or sector-represented, this year's PSRs will emanate from the eight (8) Priority Industry Clusters, as provided in the Regional Development Plan, 2004-2010, and the remaining four (4) will come from the labor, academe, urban/rural poor and the environment sectors. (NEDA XI/PIA XI) [top]