3 regions get bulk of tourism road projects of DOT-DPWH

By Ma. Stella F. Arnaldo @akosistellaBM Special to the BusinessMirror

These road projects were built under a convergence program with the Department of Tourism (D o T )— the Tourism Road Infrastructure Program (TRIP)—which the latter initiated in 2015, under the term of then Secretary Ramon Jimenez Jr. According to a DPWH report obtained by the BusinessMirror, Region 7 (Central Visayas) received the largest number of completed projects over the six-year period, with 551.74 km in tourism roads. It was followed by Region 11

Hot…

Continued from A1

(Davao Region) with 421.27 km of completed tourism road projects, and Region 6 (Western Visayas), with 336.37 km. The least number of completed tourism roads were in Region 9 (Zamboanga Peninsula) at 131.30 km, Region 12 (Soccsksargen) with 173.43 km, and Region 10 ( northern Mindanao) with 178.76 km.

‘No one left behind’

AT t he post-State of the n ation Address (Sona) infrastructure briefing on Tuesday, Tourism Secretary

The remaining were in Peso Government Securities worth $190 million or 21.3 percent; and in other instruments, at less than one percent. The top five investor countries for

Christina Garcia Frasco said, “Specific to infrastructure through our continuing partnership with the DPWH, there have been over 158 km of roads leading to tourist destinations that have been constructed and are ongoing, and we’re very optimistic that in the coming year, investments in tourism roads will continue, so that we can continue to expand countrywide development as far as tourism is concerned, so we fulfill the President’s vision that no one is left behind, as far as the local government units’ benefit from tourism development.” The same DPWH report showed 150.58 km tourism road projects completed last year, with Central Visayas having received the bulk at 28 km, followed by Soccsksargen with some 18.4 km, and the Davao Region with 16.09 km. There was no status report available regarding ongoing TRIP projects, which have been allocated a budget of some P17.7 billion under the General Approriations the month were the United Kingdom (UK); United States (US); Luxembourg; Singapore; and Switzerland with a combined share at 84.2 percent.

Registration of inward foreign investments delegated to AABs by the BSP is optional under the rules on foreign exchange (FX) transactions. It is required only if the investor or its representative will purchase