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IN an
effort to control government spending on infrastructure
projects and encourage the private sector to participate
in national development, the government has bared 10
priority projects that will be proposed for financing by
the private sector.
In his
presentation at the Philippine Development Forum (PDF)
Wednesday, National Economic and Development Authority (Neda)
Acting Director General Augusto Santos said the 10
projects would amount to at least P63.35 billion.
Included
on the list are the P3.01-billion North
Luzon East Expressway (NLEE) Project, P38.87- billion Metro Manila
Tollway (Nlex-Slex Connection via C6), P11.52-billion
MRT Line 2 East Extension to Masinag, Antipolo and
P2.80-billion Panguil Bay Bridge.
The list
also included the Operation and Maintenance (O&M) of the
Subic-Clark-Tarlac Expressway (SCTEx); P5.20-billion 300
million liters water per day (MLD) Metropolitan
Waterworks and Sewerage System (MWSS) Bulk Water Supply
Project; P1.95-billion 50 MLD Wawa River Project; and
the Department of Energy’s Power Capacity Requirements
for the Luzon Grid of 1,950 megawatts (MW) from 2010 to
2014, Visayas Grid of 820 MW from 2011 to 2014 and
Mindanao Grid, 850 MW from 2009 to 2014.
The 10
projects are included in the updated P2.06-trillion
Comprehensive Infrastructure Investment Program, which
identifies the government’s major infrastructure
projects to be implemented from 2007 until beyond 2010.
The projects will be financed through various sources.
Santos
said in a statement that 28 percent of the total
projects, or P575 billion, will come from the private
sector; 59 percent, or around P1.2 trillion, from the
national government; and 6 percent, or P114 billion,
from government-owned and -controlled corporations.
Government financial institutions will shoulder 1.3
percent, or P27 billion; local government units, 0.38
percent or P8 billion; and other sources such as grants,
Universal Charge for Missionary Electrification and
Energy Regulation 1-94 will be tapped for 6 percent, or
P131 billion of the total investments.
Meanwhile, the NLEE involves the construction of toll
roads on a 22-kilometer (km) two-lane toll road
extending from Plaridel to San Rafael, Bulacan; a 34-km
two-lane toll road extending from San Leonardo to San
Diego, Cabanatuan; and a 45-km two-lane toll road
connecting the Plaridel and Cabanatuan bypasses.
The
Nlex-Slex connection via C6 involves the construction of
a 59.5-km toll road from the Nlex in Bocaue to the Slex
in Bicutan.
Santos
said the project would also serve as an alternative
north-south expressway link to decongest Edsa and other
arterial roads.
The MRT
Line 2 East Extension is a 4-km eastern extension of MRT
Line 2 from Santolan in Pasig City to Masinag Junction
in Antipolo, Rizal, with additional two passenger
stations. The project is divided into two phases: the
1.5-km east extension from Santolan, Pasig City, ending
at Imelda Avenue with one station located at Imelda
Avenue/Marcos Highway, and the 3-km east extension from
Sta. Lucia to Masinag in Antipolo, Rizal.
The
Panguil Bay bridge project involves the construction of
a 260-meter main bridge and 2,100-meter approach
viaducts to link Central to
Northern Mindanao.
Meanwhile, the issuance of notice to proceed for the
Interim Service Provider (ISP) for the O&M of the SCTEx
is expected in April 2008. The ISP will operate the
facility for six months and may renew it for another six
months. Afterward, the O&M of the SCTEx will be bid out
for a permanent operator.
The 300
MLD bulk water-supply project aims to supply treated
bulk water to the southern part of Metro Manila covered
by Maynilad Water Services Inc., while the 50 MLD Wawa
river project aims to provide water supply to 150,000
residents of San Mateo, Rodriguez, and Erap City in
Rizal.
On the
other hand, for the Luzon power grid project, Santos
said the indicative supply from the private sector are
the 550 megawatts (MW) provided by First Gen Holdings
and 600 MW by KepCo in Batangas by 2009. Another 600 MW
will be provided by GN Power by 2010.
Santos
said of the total capacity of power grid project in
Visayas, a 220-MW capacity has already been committed:
200 MW by KepCo and 20 MW from the Nasulo project.
The
Mindanao power grid project, Santos said, will mean an
additional 850-MW capacity for the province. Currently,
210 MW is from the Mindanao coal-fired power plant.
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