The Duterte administration’s “Build, Build, Build” program is not a failure but it can do better, he said. | jovicyeeINQ LeilasINQ MRamosINQ
The list of flagship projects is “evolving,” Dizon said.
The National Economic and Development Authority also requires a threshold economic rate of return, and if the project does not have a return on investment of 10 percent or higher, it will not build it, he said.Dizon said the government would give priority to projects that deal with the people’s most urgent needs, as well as those that would take decades to finish but had to be started now. President Duterte wants continuity, he said.
The senator said state auditors had found that the Department of Public Works and Highways and the Department of Transportation performed poorly in disbursing funds for big-ticket projects. “The issue is underspending and the fact that only nine projects have been started, it is just a manifestation of this underlying problem,” he told reporters.
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