Sen. Mark Villar: 97 high-impact projects can be financed through Mahalika Investment Fund

bill, said there are about 97 high-impact projects the MIF could finance once the President approves.

“Sa totoo lang po madaming high-impact infrastructure projects na pwede ma-finance through the Maharlika Fund. According to the economic team, there’s about 97 projects” Villar saidThe 97 projects are comprised of 72 national PPP projects and 25 local PPP projects. Aside from this, there are also 190 infrastructure projects in the pipeline under President Ferdinand “Bongbong” Marcos Jr.’s Build Better More Program.

“Maraming nagtatanong paano nga ba tayo kikita kapag nagpagawa tayo ng kalsada? Simple lang po, kapag private ang nagtayo ng project para sa public utilities for example toll roads. Paano kumikita ang gobyerno? Through tax lang. As of now, walang vehicle ang gobyerno para gumawa ng pera kung hindi thru tax. Kapag naibigay na natin ang proyekto na kailangan ng bansa, lahat ng returns nito babalik sa gobyerno. Mapapa-ikot natin ang pera.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Senators warn Palace vs changing law on Maharlika Investment FundCongress will keep a close watch on how the executive branch will implement the law creating the Maharlika Investment Fund to ensure it is carried out the way Congress intended it, opposition Sen. Risa Hontiveros said. | melvingasconINQ /PDI
Source: inquirerdotnet - 🏆 3. / 86 Read more »

Naia may be privatized by Q1 of 2024; P141B in investment needed – DOTrThe DOTr on Wednesday said the Naia may be privatized as early as the first quarter of 2024, depending on the process of awarding the contract to the government’s chosen concessionaire. | zacariansINQ
Source: inquirerdotnet - 🏆 3. / 86 Read more »