MANILA, Philippines 鈥� The Department of Budget Management (DBM) approved the funding for the construction of the Commission on Elections鈥� (Comelec) new headquarters in Pasay City.
Based on the DBM鈥檚 multi-year contractual authority (MYCA) shared by Comelec spokesperson John Rex Laudianco to reporters, a total of P8,391,952,800 have been set aside for the construction of Comelec鈥檚 new building.
This year, P1,248,886,865 will be allocated for the building鈥檚 construction, P3,713,098,814 in 2024, and P3,429,967,121 in 2025.
According to Laudiangco, the MYCA was issued by DBM on March 29.
鈥淲e wholeheartedly thank the Office of the President,聽 the Senate of the Philippines, the House of Representatives,聽 the Department of Budget and the Department of Public Works and Highways for helping us, the COMELEC, the remaining constitutional institution which doesn鈥檛 have its own building, to finally realize our dream of having a permanent home in 83 years of existence,鈥� said Laudiangco.
The Comelec鈥檚 Office Complex is set to be built in Central Business Park I, Island A, Pasay City.