The President of the Philippines terminated many infrastructure projects that were deemed impossible, including rail and bus systems invested by China.
The Philippine government is changing its policy to complete major projects before Duterte ends his term in 2022. "The president is very impatient. He wants to speed things up," said Vince Dizon. Philippine President Rodrigo Duterte's adviser in charge of senior projects, yesterday told reporters in the capital, Manila.
A series of programs that were deemed unfeasible had to be ended, including two major projects using Chinese capital, including an 11-km-long fast bus route linking downtown Bonifacio Global City with Manila airport worth more than 900 million. USD, the second and third phases of the multi-billion dollar rail system on the island of Mindanao.
However, adviser Dizon added that "shelved" projects could still be reopened in the future.
President Duterte is under pressure to enforce his commitment to opening up the "golden age of infrastructure" in the Philippines. Part of the effort was made through loans from Japan and China. Manila is also promoting infrastructure construction projects by private companies in the form of public-private partnership (PPP).
The Philippine government has just released a list of 100 priority projects such as airports, railways, dams and roads, accounting for half of an estimated $ 158-178 billion in the "Build, build, build" program due to Duterte proposes. At least 54 projects are expected to be completed by 2022, compared to 21 in the previous plan.