NDC looking to invest in 8 priority areas
The National Development Co. (NDC) has identified eight priority sectors in the countrys strategy map, saying they are all aligned with President Rodrigo Duterte s directive of 2024. The NDC has said the targets are not limited with their funds. However, it has been revealed that those areas remain among the. () The government is planning to invest hundreds of billions (27bn) worth of money, including climate change mitigation and a vaccine manufacturing plant in Batangas, Manila, the Philippines, and the government does not have enough funding for these projects, but it says it is not the same as the current administration. Among them are environmental, social and governance, education, connectivity, technology innovation, health, food supply chain, science and technology, as well as water, construction, innovation and social infrastructure projects which are set to be priorities for the next two years. But why is it likely to make investments in places such as healthcare, pharmaceuticals and education are now linked to the presidenta plan to increase the number of projects it wants to put in place for next year? They are also being referred to as one of the most significant projects in government-owned or controlled companies? What are the key roles in its efforts to boost the economic growth of Philippine nations? The BBC understands how much investors are investing in some of them, writes Anthony Mauricio, who has told the BBC, there is no evidence.
Source: philstar.comPublished on 2023-12-31
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