7 key projects for Davao Region bared-A A +A
Tuesday, January 14, 2014
NATIONAL Economic and Development Authority (Neda) in Davao Region announced Monday the seven priority infrastructure projects for 2014 that will boost the economic potentials of Davao Region.
NEDA regional regional director Maria Lourdes D. Lim, who was guest in Davao Press Club's Kapehan sa Dabaw at SM City Davao Annex on Monday, said the seven key projects are centered on improving access roads and other transportation projects, including the airport and the seaports, to allow a much easier trade.
These are the Davao-Cotabato Road; high standard highway network in Tagum-Davao-General Santos corridor; Davao-Bukidnon road; Kapalong-Talaingod-Valencia-Bukidnon road; modernization and privatization of Davao Sasa Port; Asean RoRo Port; and improvement of F. Bangoy International Airport, also known as Davao International Airport (DIA).
"Davao region is expected to gain more benefits from the seven priority projects, both public and private-led," she said.
For the implementation of key projects, Lim said they are assured of fund support from the National Government.
According to the Regional Development Plan 2014-2016, the development of strategic and sustainable infrastructure "provides support facilities and services to the industry, services and agriculture sectors, as well as improves access to social good and services" in the region.
It also said that it "enhances the physical and economic linkage of production areas and their markets, thereby reducing transaction costs, and creates value added for producers and consumers.
Published in the Sun.Star Davao newspaper on January 14, 2014.