P2-B funds for road safety devices, maintenance approved
PRESIDENT Benigno Aquino III has given the green light for the release of P2.01 billion funds for installation of road safety devices and preventive maintenance of national roads in the country.
Budget Secretary Florencio Abad said timing for road improvements is perfect since the opening of classes draws near.
“The fund release will go a long way in improving road conditions for motorists. The continued implementation of infrastructure and road projects is even more crucial now, especially because the reopening of schools and the rainy season are just a month away,” Abad said in a statement issued Wednesday.
Of the P2.01 billion released to the Department of Public Works and Highways (DPWH), a total of P1.81 billion will cover the preventive maintenance of 474.14 kilometers of national roads.
The funds will be charged against the Special Road Support Fund under the Motor Vehicle User’s Charge (MVUC) Act.
The remaining P206 million will be used for the installation, application, and construction of road safety devices along national roads, chargeable against the Special Road Safety Fund under the MVUC Act.
“The Aquino administration’s active implementation of road maintenance projects will help bring immediate and long-term benefits to our country’s road users, many of whom need to have better and easier access to schools, hospitals, market centers, tourism spots, and other strategic places of activity,” Abad said.
“At the same time, we cannot deny the devastating social and economic impact effected by road accidents, including the loss of life and damage to public and private property. The road safety devices that will be put in place will certainly minimize the likelihood of road accidents for our motorists,” he added.
Abad confirmed that the DPWH will continue to prioritize road asset preservation programs, traffic decongestion initiatives in Metro Manila and other urban areas this year.
He added the government will enhance infrastructure support for tourism destinations and other access points, as well as flood control and convergence programs with the National Irrigation Agency and Department of Agriculture.
Completion of ongoing or unfinished projects, as well as the reinforcement and upgrading of all national bridges, and the replacement of temporary bridges with permanent structures are also part of the priorities of the administration.
http://www.sunstar.com.ph/manila/local-news/2012/05/23/p2-b-funds-road-safety-devices-maintenance-approved-222978
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Yats Restaurant & Wine Bar
Mimosa Drive past Holiday Inn, Mimosa Leisure Estate,
Clark Freeport Zone, Pampanga, Philippines 2023
Manila Sales Office
3003C East Tower, Phil Stock Exchange Center,
Exchange Rd Ortigas Metro Manila, Philippines 1605
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