Newly filed House Bill No. 6527 states that “upon favorable recommendation” of the NEDA Investment Coordination Committee , only projects that cost more than P5 billion will be submitted to the NEDA Board for approval.
Mr. Manalo said President Ferdinand R. Marcos, Jr. wants to improve PPP policies “to address bottlenecks and ambiguities and improve competition.” However, PPP projects undertaken by local governments that would affect national development or master plans and national projects should “secure the endorsement of the National Government.”
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