The National Economic and Development Authority-Investment Coordination Committee-Cabinet Committee approved for Neda board confirmation the rehabilitation of the Navotas Fish Port Complex.
The ICC-CabCom approved the Regional Fish Port Project for the Greater Capital Region of the Department of Agriculture-Philippine Fisheries Development Authority worth P14.07 billion and the Philippines-Korea Project Preparation Facility of the Department of Finance worth P3.87 billion.
The Regional Fish Port Project for GCR will rehabilitate and upgrade the Navotas Fish Port Complex. Neda said by providing the needed post-harvest facilities, services, and logistics, the project will facilitate access of fishermen to value chains (fish, processor and exporters).
Meanwhile, the PK-PPF aims to support the efficient and timely implementation of the projects under the ‘Build, Build, Build’ program, more specifically, priority projects of the National Irrigation Administration and Department of Public Works and Highways, through the conduct of project preparatory activities.