Speaker Martin Romualdez has pushed for extra public-private partnership initiatives to modernize the nation’s infrastructure.
Romualdez made the decision on Wednesday on the groundbreaking ceremony for the Third Candaba Viaduct venture of the Metro Pacific Tollways Corp. (MPTC) and NLEx Corp. held in Barangay Dulong Malabon in Pulilan, Bulacan.
The Third Candaba Viaduct venture, which is anticipated to be completed by November 2024, will broaden the prevailing viaduct construction by including inside and outer shoulders to the three lanes in every route and is anticipated to extend the pace of journey from the present 40–60 kilometers per hour to 60–80 kph.
“The Candaba Third Viaduct serves as a symbol of the fruitful partnership between the government and the private sector. It is a testament to what we can achieve when we work together,” Romualdez stated.
Romualdez stated that whereas the prevailing Candaba Viaduct has been serving as a strategic expressway hyperlink connecting Metro Manila and Central and North Luzon for many years, it needs to be upgraded to maintain up with the nation’s inhabitants and financial development.
“The project will not only enhance the efficiency of our transportation network but also contribute to the overall socio-economic development of the region, as it would create jobs, attract investments, and stimulate economic growth. As we break ground today, we are not just laying the foundation for a new structure; we are paving the way for prosperity,” he stated.
Romualdez stated President Ferdinand “Bongbong” Marcos Jr., as well as Bulacan lawmakers and local officials, have provided crucial support.
“Under his management, we’ve got witnessed a renewed dedication to the Build Build Build program, which seeks to propel us to progress and inclusive development,” he stated.
In May, the House of Representatives permitted House Bill 8078, which outlines the nation’s 30-year infrastructure program, on third and remaining studying.
The invoice offers the next precedence areas for infrastructure improvement: transportation, power, water assets, info and communications know-how, agri-fisheries modernization, and meals logistics, amongst others. —VBL, GMA Integrated News
Source: www.gmanetwork.com
