COMPLETION OF RAILWAY PROJECTS, MORE AIRPORTS UNDER DUTERTE ADMIN EYED
The Duterte administration's economic team is confident - with the implementation of the Tax Reform for Acceleration and Inclusion (TRAIN) law, there will be additional funding for the country's ambitious infrastructure program.
Aside from TRAIN, Finance Undersecretary Karen Singson attributed this to the improved relationship of the Philippines with other countries in the region.
During the First Global Forum on Infrastructure Strategies on Thursday in Pasay city, the government updates members of the private sector as well as foreign and domestic investors about the country's improving economy.
On the sidelines of the event, lawyer Jorge Sarmiento stressed the importance of the infrastructure projects as he admitted how the Philippines lags behind other countries in the Southeast Asian region.
Department of Budget and Management Secretary Benjamin Diokno says the government aims to complete all the infrastructure projects within President Rodrigo Duterte's term.
Meantime House Committee on Transportation Chairman and Catanduanes Representative Cesar Sarmiento believes the construction of additional airports and railway projects – aimed at easing congestion, and help deliver better services to the people - are among those expected to be completed during the period.