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Sunday, July 26, 2009

NEDA NOT BLOCKING LAIBAN DAM PROJECT --- RECTO



NEDA not blocking Laiban Dam Project—Recto  

        Socioeconomic Planning Secretary Ralph G. Recto said that the National Economic and Development Authority (NEDA) is "not blocking the Laiban Dam project".

 "The NEDA, as part of its work, undertakes due diligence that would include a review of relevant documents," said Recto, who is also NEDA director-general. He added that "our concerns have been relayed to the Manila Waterworks Sewerage System as member of the Joint Venture-Selection Committee and it's up to them to consider these or not."  .

Recto also clarified that NEDA supports public-private partnerships in infrastructure development.

        The NEDA chief noted that the government has had "successful joint ventures with the private sector which have benefited our people".
         

 

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