NEDA approves flood control projects, exhibition center

The National Economic and Development Authority (NEDA) Board, chaired by President Ferdinand R. Marcos Jr., approved flood control projects and the construction of an international exhibition center on Nov. 5, 2024.

The NEDA board approved extensions and cost increases for two flood-control projects under the Department of Public Works and Highways: the Cavite Industrial Area-Flood Risk Management Project (CIA-FRMP) and the Pasig-Marikina River Channel Improvement Project, Phase IV (PMRCIP IV). Both projects will receive supplemental loans from the Japan International Cooperation Agency.

The CIA-FRMP’s implementation period was extended to September 2029, with the project cost increasing to PHP22.03 billion. The project aims to improve flood management in Imus, Noveleta, Rosario, Kawit, and General Trias in Cavite by developing the San Juan River Basin and Maalimango Creek. The revised scope of the project includes changes in the design and width of the San Juan Diversion Channels and weir, development of new drainage channels, modification in bridge designs, construction of a sluice gate, and other additional works.

The PMRCIP IV’s implementation period has been extended to March 2031, with the project cost increasing to PHP57.7 billion from PHP33.1 billion. The project involves constructing flood management infrastructure such as dikes/revetments, flood gates, and channel dredging works. Specifically, it targets improving the middle Marikina River area, installing drainage facilities, constructing the Marikina Control Gate Structure and two floodgates, and processing land acquisition.

“The changes in scope and design of our flood-control projects take into account stronger typhoons and changes in rainfall patterns, thereby strengthening our resilience to weather-related disasters. These adjustments will help mitigate the severe economic and social impacts of flooding in the NCR and CALABARZON, which have consistently affected the country’s economic performance,” Balisacan added.

The NEDA Board also approved the Philippine International Exhibition Center project of the Philippine Reclamation Authority, costing PHP27 billion, which would enable the country to accommodate large events, such as international exhibitions, conventions, and trade shows.

The project, aligned with the National Tourism Development Plan, aims to cater to the growing demand for Meetings, Incentives, Conventions, and Exhibitions (MICE) tourism and position the Philippines as a leader in hospitality and MICE tourism in Southeast Asia.