锘� 2 World Bank-funded projects get Neda approval

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2 World Bank-funded projects get Neda approval

Philippine Daily Inquirer / 05:12 AM October 18, 2024

The board has approved two World Bank-funded projects on health care and transport connectivity, which President Marcos said would have a lasting impact on the country.

The five-year P27.92-billion Health System Resilience Project of the Department of Health, according to the Neda website, is aimed at “strengthening local health systems and pandemic preparedness, prevention, and response; and maximizing return of investment through nationwide technical assistance.”

The $360-billion Mindanao Transport Connectivity Improvement Project of the Department of Public Works and Highways, on the other hand, is seen to improve transport services in the Cagayan de Oro-Davao-General Santos corridor.

The project, targeted for completion in 2030, includes upgrading five local roads spanning 87.1 kilometers and a 428.2-km highway, as well as climate-resilient transport asset management and road safety enhancements. —JULIE M. AURELIO

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TAGS: NEDA, World Bank

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