RDC XI Executive Committee Endorses the 2009 AIP of Davao Region and Davao Food Terminal Complex

The Executive Committee of the Regional Development Council XI endorsed the programs and projects proposed by 30 regional line agencies and state universities and colleges for implementation in the region next year. These proposals amount to more than P15 billion, with infrastructure projects covering the biggest chunk reaching a total investment cost of more than P11 billion pesos. This was bared by RDC XI Vice-Chair and NEDA XI Regional Director Nicasio Angelo J. Agustin after the ExCom’s meeting held Thursday, April 10, 2008, at Waterfront Insular Hotel.

The RDC XI Vice-Chair said that the proposed programs and projects are packaged as the 2009 Annual Investment Program (AIP) of Davao Region. He added that the proposals will be funded by the national government and/or foreign donors. He also explained that this investment list does not make up the agencies’ actual budget proposals but will be the main basis for the national agencies and SUCs in firming up the allocable portion of their respective budget proposals for 2009. The preparation and review of regional budget proposals for 2009 are expected to be undertaken anytime later this month and in May.

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RDC XI ExCom Meeting

Council’s Executive Committee (ExCom) will convene on Thursday
10 April 2008 | 8:30 a.m. - 2:00 p.m.
Kalaw Hall, Waterfront Insular Hotel
Davao City

agenda:

Review and possible approval of the FY 2009 Davao Region Annual Investment Program (AIP)

National government agencies whose AIP proposals are the subject of the review, are requested to attend this meeting.

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