NEDA Board approves MRT4, EDSA Greenways projects

Aika Rey
NEDA Board approves MRT4, EDSA Greenways projects
The National Economic and Development Authority Board approves 8 projects covering transportation, maritime safety, roads, and bridges, amounting to a total of P547.63 billion

MANILA, Philippines – President Rodrigo Duterte and his economic team approved 8 projects, including the big-ticket Metro Rail Transit Line 4 (MRT4) and the EDSA Greenways.

The National Economic and Development Authority (NEDA) announced on Wednesday, January 29, that the NEDA Board, chaired by Duterte, approved the 8 projects which are worth a combined P547.63 billion.

All will be funded through official development assistance. They are:

  • Department of Transportation (DOTr)
    • P57.07-billion MRT4 from N Domingo Street in Quezon City to Taytay Diversion Road in Rizal
    • P8.51-billion EDSA Greenways
  • Philippine Coast Guard
    • P6.25-billion Maritime Safety Enhancement Project
  • Department of Public Works and Highways
    • P175.7-billion Bataan-Cavite Interlink Bridge
    • P76.41-billion Cebu-Mactan Bridge and Coastal Road
    • P5.9-billion Capas-Botolan Road in Tarlac and Zambales
    • P189.53-billion Panay-Guimaras-Negros Island Bridges
    • P28.26-billion Davao City Coastal Road including Bucana Bridge

Of the approved projects, only the Capas-Botolan Road is not part of the government’s revised list under the Build, Build, Build infrastructure program. (READ: LIST: Duterte’s revised lineup of Build, Build, Build projects)

The DOTr said the 15.6-kilometer MRT4 is targeted to be operational by 2025. This would serve as the second railway servicing Rizal once the Light Rail Transit Line 2 extension to Masinag is completed.

The EDSA Greenways project, meanwhile, seeks to improve pedestrian mobility by installing covered elevated walkways leading to railway stations and nearby terminals.

The NEDA Board also gave the green light to changes in the scope and cost of the Davao City Bypass construction, as well as the increase in cost and extension of the loan validity and implementation period of the Samar Pacific Coastal Road.

“These projects are the building blocks of our people’s dreams and aspirations. As such, we intend to roll out as many as we can to ease congestion and spread growth throughout the country,” Socioeconomic Planning Secretary Ernesto Pernia said in a statement on Wednesday. – Rappler.com

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Aika Rey

Aika Rey is a business reporter for Rappler. She covered the Senate of the Philippines before fully diving into numbers and companies. Got tips? Find her on Twitter at @reyaika or shoot her an email at aika.rey@rappler.com.