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The Build Better More (BBM) is the infrastructure program of the Marcos administration (2022–2028). It superseded the Build! Build! Build! infrastructure program of the Duterte administration (2016–2022). The following Infrastructure Flagship Projects (IFP)s were identified by the National Economic and Development Authority (NEDA).
Project 2025 recommends curtailing the Bipartisan Infrastructure Law of 2021, which authorizes funding for de-carbonizing transportation infrastructure. [193] It views the Federal Transit Administration (FTA) unfavorably, calling it a waste of money.
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In November 2019, the government revised its list of flagship infrastructure projects under the program, expanding it to 100. [7] [8] It was revised again in August 2020, bringing the total number of projects to 104, expanding its scope included health, information and communications technology, as well as water infrastructure projects to support the country's economic growth and recovery from ...
The committee's jurisdiction is on the monitoring, evaluation and review of highly-strategic infrastructure or programs and projects identified and approved by the National Economic and Development Authority (NEDA) Board Committee on Infrastructure and/or the Investment Coordination Committee and included in the General Appropriations Act, including to propose possible game-changing and high ...
The powers and functions of NEDA reside within the NEDA Board. The NEDA Board is the country's premier socioeconomic development planning and policy coordinating body, responsible for developing the social and economic policies, plans, and programs of the government.
In 2021, the project's full operation date was again moved to the 3rd quarter of 2023. [11] An Interim Bus System was launched in preparation to the project with routes to Toril and Catalunan Grande. [12] In 2023, NEDA approved the expansion of the project which saw the budget of the project increase to almost ₱80 Billion.
Krach made three major related announcements in energy, infrastructure and digital initiatives which consisted of a new multilateral infrastructure initiative unveiled by the U.S., the signing of a $10 billion agreement strengthening the Japan-U.S. Strategic Energy Partnership; and the plan to spur digitally driven economic growth economic in ...