Boracay rehabilitation to cost P25B: NEDA
MetadataShow full item record
The Medium-Term Boracay Action Plan (BAP), which formally lays out the proposed programs for island's rehabilitation, has an estimated total investment requirement of P25.27 billion, according to the National Economic and Development Authority (NEDA). NEDA said in a statement yesterday the Boracay Inter-Agency Task Force recently adopted the BAP which is aimed at installing safeguards from ecological degradation and sustainable tourism activities in Boracay. The private sector will finance P15.89 billion or 62.9 percent of the total cost, NEDA said. Of the proposed investment requirement, 64 percent or P16.21 billion will be allotted for infrastructure.
Celis, A. (2019, January 8). Boracay rehabilitation to cost P25B: NEDA. Malaya Business Insight, pp. A1, A7.
Environmental restoration; Environmental protection; Investments; Environmental degradation; Ecotourism; Private sector; Sustainable development; Natural resources; Environmental legislation; Pollution control; Sustainability; National Economic and Development Authority (NEDA); Department of Environment and Natural Resources (DENR); Boracay Inter-Agency Task Force (BIATF); Navarro, Adoracion
- Malaya 
Showing items related by title, author, creator and subject.
Tumampos, Stephanie (BusinessMirror,
October 1, 2018, on page A9)The US Navy, not spared from repercussions, had to pay in full to the Philippine government after two years the damage to the corals caused by its ship. It paid around P87 million (equivalent to $1.87 million) in 2014 based ...
Binay, Jejomar (Manila Bulletin,
August 1, 2018, on page 11)According to the LLDA, IPM Construction and Development Corp. and Level Up Construction and Development Corp. have illegally reclaimed 47 hectares of the lake. The LLDA has ordered the closure of the sites, and have filed ...
Ortuoste, Jenny (Manila Standard,
January 31, 2019, on page A4-A5)The cleanup was led by the Department of Environment and Natural Resources, with similar efforts to be exerted in Pampanga, Bulacan, Nueva Ecija, Bataan in Region III, and Cavite in Region IV-A. To maintain cleanliness, ...