Cebu Provincial Government
Cebu Provincial Government


PDC approves P520M investment plan

The Provincial Development Council (PDC) approved its P520 million 2016 Annual Investment Plan (AIP) in a meeting last October 14.

At least P146.666 million was allocated for road construction, repair or rehabilitation and for the World Bank-funded Philippine Rural Development Program (PRDP).

Another P110 million was set aside for the payment of heavy equipment- obtained from a Landbank loan. The principal amount of the loan is Php 200 million.\

Governor Hilario P. Davide III told PRDP Provincial Management Officer Estella Rodriguez to attend to LGU proposals for PRDP.

_MG_3207PRDP is a countrywide mechanism that provides funding for the development of farm-to-market (FMR) roads and other component projects.

PRDP Provincial Management Office identified nine road links to be included for funding in the 2016 AIP. This would cost P97 million for the province as its 10 percent counterpart.

Provincial Planning and Development Office Benigno Cris Lucero said this gives the Capitol P970 million worth of road projects from PRDP.

The identified road projects are located in Tudela, San Francisco, Poro, Tuburan, Sogod, Santander, Alcoy, and Dalaguete.

For the health services, P47 million is allocated for the purchase of hospital, medical or dental equipment as well as construction, repair, or improvement of health facilities.

For the subsidy to the local government units, the governor has P60 million; the vice governor has P9 million and the board members have an aggregate amount of P34 million.

This AIP constitutes the 20 percent development fund sourced from the Internal Revenue Allotment Fund.

Provincial Budget Office Officer-in-Charge Danilo Rodas said the governor is scheduled to submit his annual budget including those budget proposals per office of the Capitol on Oct. 16.

Provincial Board Member Celestino Martinez III said the payment of the Landbank might be too high. He said they could use the money for other basic needs.

The governor said he wanted to pay the loan within his term. But if he gets reelected he might push for re-alignment of the amount.

Vice Governor Agnes Magpale in earlier meeting with Provincial Disaster Risk Reduction and Management Council said the province needs heavy equipment not only during emergency cases.

She said the lack of heavy of equipment has made the province helpless to attend to the dilapidated roads in the countryside.