The National Economic and Development Authority (NEDA) Board on Wednesday approved key changes to the Laguna Lakeshore Road Network (LLRN) project and other major infrastructure programs.
The NEDA Board, which President Marcos chairs, approved the modifications to the Phase 1 scope of the LLRN Project, including the development of connecting roads and interchanges in Barangay Tunasan in Muntinlupa City, and San Pedro, Biñan, and Cabuyao in Laguna.
“We have a motion to approve the Laguna Lakeshore Road Network Project Phase 1 …confirmed and approved the Laguna Lakeshore Road Network Project Phase 1 changes in scope, extension of implementation period and revised financing strategy,” Mr. Marcos said during NEDA’s 19th meeting in Malacañang.
The project, initially approved in 2021, involves the construction of a 37.5-kilometer primary road and a 12-kilometer viaduct from Lower Bicutan, Taguig to Tunasan, Muntinlupa, alongside a 25.5-kilometer shoreline viaduct and embankment from Tunasan to Calamba, Laguna.
Expected to boost economic activity in the National Capital Region, CALABARZON, and Central Luzon, it is slated for completion in 2027.
NEDA Secretary Arsenio Balisacan noted the project’s potential to reduce transportation constraints, promote regional economic development, and provide safer, more convenient travel.
The second phase of the LLRN Project, extending from Binangonan, Rizal, to Calamba, Laguna, is under feasibility study and expected to be completed by December 2024.
The NEDA Board also approved the P4.5-billion Bohol-Panglao International Airport Project and changes to the Laguindingan International Airport Project in Misamis Oriental.
The expansions aim to increase passenger capacity and improve facilities, supporting tourism and job creation.
Additionally, a $30-million Project Development and Monitoring Facility (PDMF) loan was approved to assist agencies in preparing and managing public-private partnership (PPP) projects.
Balisacan emphasized that these expansions reflect the government’s commitment to enhancing connectivity and ensuring PPP projects are meticulously planned and executed.
