00:00 The formula is simple. An efficient and working public transport systems translates or leads to economic growth.
00:07 So says DOTR Chief Jaime Bautista in his pitch to the diplomatic community on the viability of transport infrastructure
00:15 for opportunities to do business and jumpstart development of the local economy.
00:20 And despite his department, as well as others in government, coping with budget cuts,
00:24 Secretary Bautista has sent out the invites to investors and international financial institutions to bankroll Philippine infrastructure ventures.
00:32 Among the projects he cited include the modernization of the Ni'iya, Bohol, Panglao, and Lagandingan airports,
00:39 and road projects like the EDSA busway and greenways, and railways like the LRT Cavite 1 extension, the MRT 7, and the Metro Manila subway project.
00:50 (upbeat music)
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