RDC XI approves P27.3 billion worth of investment projects for 2010
The Regional Development Council (RDC) XI, in its first quarter meeting on March 26, approved the region’s proposed Annual Investment Program (AIP) for 2010. The AIP contains more than P27 billion worth of public investment programs and projects for the Davao Region. This was revealed by RDC XI Vice Chairperson and NEDA XI Regional Director Maria Lourdes D. Lim.
The infrastructure sector accounted for the largest share of the investment pie at P16.7 billion or 61 percent. The Department of Public Works and Highways and the Department of Energy were the top agencies in this sector. The economic sector followed with P5.1 billion or 19 percent with the Department of Agriculture proposing P3.5 billion. The social sector, on the other hand, accounted for P4.6 billion, while governance agencies submitted P0.9 billion worth of programs and projects. By project location, Davao City is expected to receive 33 percent of the investments programs.
Sectoral Committees
- Development Administration Committee
- Economic Development Committee
- Infrastructure Development Committee
- Social Development Committee
- Macroeconomy and Finance Committee
Special Committees
External Links
