00:02These are included in the Service and Concession Agreement
00:06that President Ferdinand R. Marcos, Jr. will witness.
00:09Alvin Baltazar of Radyo Pilipinas in Balitang Pambansa.
00:13Alvin.
00:15Good morning.
00:16This is the news of Cebu International Container Port Civil Works Contract Package
00:22that will meet the increasing demand for cargo and support for the construction of shipyards and industries in the Central Visayas region.
00:30President Ferdinand R. Marcos, Jr. will also witness the construction of Bohol-Panglao International Airport PPP Project
00:37that will be far from being upgraded.
00:39The Bohol-Panglao International Airport will be expanded, strengthened, and maintained for 30 years.
00:45This includes the addition of two hectares of capacity to meet the increasing demand while the project is also strengthening the maintenance of the facility
00:54according to the observations.
00:57The New Dumaguete and New Siargao Regional Airports Project Transaction Advisory Agreement was also reached.
01:04President R. Marcos, Jr. will also witness the construction of Cebu Bus Rapid Transit Transaction Advisory Services Agreement
01:11and the maintenance of the Cebu RT System, Fair Collection, Intelligent Transport System, and Mass Service.
01:18The infrastructure of the project was approved by the World Bank and the AFB or the Agencia Franchise de Development
01:27through the Official Development Assistance or ODA.
01:31Reporting from Palacios, Malacanang, I am Alvin Baltazar of Radyo Pilipinas for Malitang Pambatsan.
