DOF freezes P19B Laguna de Bay dredging project
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ML20100908_A7Excerpt
Finance Secretary Cesar Purisima has ordered a freeze of the P19-billion dredging project in Laguna de Bay, a government-to-government undertaking with Belgium. "I have instructed the Department of Environment and Natural Resources to review this project and possibly convert it into a PPP (Public-Private Partnership) undertaking," Purisima said. He said instead of a purely dredging operation, the project could be expanded to include tapping Laguna de Bay as a source of potable water for Metro Manila and its environs.
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Gadil, D. (2010, September 8). DOF freezes P19B Laguna de Bay dredging project. Malaya Business Insight, p. A7.
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