PBBM witnesses ceremonial signing of DOTr’s 5 infra projects

PTVPhilippines

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Transcript

00:00Five big-ticket infrastructure projects under the Department of Transportation will begin breaking ground and construction

00:06thereafter in the Visayas and Mindanao.

00:09Two regional airports, an international container port and a rapid bus transit system,

00:14and others are giving the President great optimism and boosting the country's tourism, among others,

00:19as we hear this PTV's Kenneth Paciente report.

00:22President Ferdinand R. Marcos, Jr. witnessed the ceremonial signing of five infrastructure projects of the Department of Transportation

00:32that aims to improve the lives of Filipinos, especially in the Visayas and Mindanao.

00:36Among the signed projects is the New Cebu International Container Port project worth P17 billion,

00:42which, according to the President, will help address congestion at the Cebu Base Port.

00:46Meanwhile, the Cebu Bus Rapid Transit project is expected to address traffic in the area,

00:51providing a reliable and efficient transport system for Cebuanos.

00:55Costing over P28 billion, this modern bus network will connect key parts of Cebu City,

01:01making daily commuters easier in their commute and more comfortable.

01:06The President also highlighted that tourism in the province of Bohol will be further boosted

01:10through the Bohol-Panglao International Airport PPP Project Concession Agreement,

01:15which aims to develop the airport with funds amounting to P4.5 billion.

01:19According to the President, this project is expected to generate P15 million in annual revenue during the first five years,

01:26increasing to P200 million annually after the concession period.

01:30But more than just the revenue, its true success will be the number of lives that it will change for the better in Bohol.

01:39It is a promise to our beloved people that they will be the first to benefit from the continued arrival of tourists and of investors.

01:47Agreements for the new Dumaguete and New Siargao Regional Airports were also signed,

01:51which, according to the President, will address and resolve the limited connectivity of these areas,

01:56making them more accessible to tourists.

01:58The chief executive assured that new airports will meet international standards.

02:03But beyond the technical aspects, what is important is a positive change that they will bring.

02:09These projects shall allow our farmers to efficiently bring produce to new markets,

02:15tourists to discover more of the charms of these islands, and entrepreneurs to expand their businesses.

02:22The President also emphasized these projects will open doors to more job and livelihood opportunities.

02:27He assured the government will continue its efforts to implement projects to significantly improve the lives of Filipinos.

02:33These projects are not just structures.

02:36They are representative of every Filipino's dream of more comfortable travel,

02:42better opportunities, and a clearer path towards their goals and dreams.

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