EconomyForex

Improving inter-regional connectivity among DPWH priorities to cut transport costs  

1 Mins read
MATNOG Port is a jump-off point for cargo and passenger vehicles traveling from Luzon to Visayas and Mindanao, the central and southern parts of the country. — MARINA 

THE DEPARTMENT of Public Works and Highways (DPWH) on Monday said improving connectivity between regions is one of its priorities to help bring down the cost of goods and services.   

“I think one of the focus of this administration is to address… traffic congenital problems of inter-regional connections, so that we can provide unimpeded, safe travel from one region to another,” DPWH Secretary Manuel M. Bonoan told the Senate during a hearing on public works.   

“Right now, there are many congested areas along the main thoroughfares connecting regions,” he added.  

The Philippines is an archipelago of more than 7,000 islands with three main groupings — Luzon, Visayas, and Mindanao.  

Mr. Bonoan cited that the cost of transporting goods in the Philippines is one of the highest in Southeast Asia at about P480 per ton-kilometer due to traffic congestion issues. The average cost in neighboring countries is only around P250 per ton-kilometer. 

“If we are able to reduce this, I think it would have a big impact on reducing the cost of goods and services,” he said.  

Other priorities of the agency include completing ongoing projects under the previous administration’s Build, Build, Build program; pursuing convergence programs with other government agencies to support food production, agriculture, tourism, small and medium enterprises, among others; and support other infrastructure needs of local governments. — Alyssa Nicole O. Tan 

Related posts
EconomyForex

Samsung Care+ Premium is the perfect addition to make household investments last

3 Mins read
Samsung ensures your TVs and appliances stay at their best with extended protection and proactive, expert care As premium devices become essentials…
EconomyForex

Cash remittances hit 7-month high at $3.18 billion in July

2 Mins read
PHILIPPINE STAR/ MIGUEL DE GUZMAN By Katherine K. Chan FILIPINOS ABROAD sent more money home in July, hitting a seven-month high as…
EconomyForex

Peso to rise as Fed woes drag dollar

4 Mins read
BW FILE PHOTO THE PHILIPPINE PESO is expected to end the year stronger against the US dollar as the greenback remains under…
Power your team with InHype
[mc4wp_form id="17"]

Add some text to explain benefits of subscripton on your services.

Leave a Reply

Your email address will not be published. Required fields are marked *