The National Economic Development Authority is pushing for the implementation of core infrastructure projects supportive of the Medium Term Philippine Development Plan with increased infrastructure spending following the increase in Gross Domestic Product growth from 2.2 percent to 4.5 percent.

NEDA said in a statement that investments in roads, transport, information technology, water and power will open up new areas and improve transport of goods and services from the rural to the urban areas and decongest key cities.

The MTPDP has been revised and updated, it said, to make it more responsive to development needs like opening up the vast agriculture areas in Mindanao, connect the whole of the Visayas to the roll-on-roll off ports, and construct highways to connect Luzon to the areas around Metro Manila.

Four ways are being considered to increase infrastructure to GDP spending. These will be through all government spending, through all private sector spending guaranteed by government, through revenue generation projects of government-owned and controlled corporations such as ports, airports and roads and a combination of the first three, NEDA added in the statement.*

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