- DBM will be releasing P490 million for the rehabilitation of the circumferential road in Boracay island, as requested by the DPWH
- The three-phase road project aims to improve drainage and sewerage system along the main road to contain in-land flooding
- The fund request is now being processed by the DBM, subject to the approval of the Office of the President
The Department of Budget and Management (DBM) will release around P490 million to the Department of Public Works and Highways (DPWH) for the rehabilitation of the circumferential road in Boracay island.
DBM Secretary Benjamin Diokno said on Wednesday that the fund will be released to the DPWH this week.
The target is to improve the 5.2-kilometer Boracay Circumferential Road and fast-track its completion while Boracay island is closed for six months. The project will incorporate an improved drainage and sewerage system along the main road to contain in-land flooding.
“We did not expect there will be this Boracay closure and rehabilitation,” Diokno said, noting that the DPWH sought additional funds for the project as a result of recent developments in the island.
The DPWH fund request is now being processed by the DBM; subject to the approval of the Office of the President.
Diokno said the money will be charged against the savings generated by the department in fiscal year 2018.
The project is divided into three sections:
- the first phase starting from Cagban Port to Rotonda is around 1.4 kms
- phase two is around 1.9 kms from Rotonda to Baranagy Balabag
- phase three is 1.9 kms from Barangay Balabag to Barangay Yapak