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Wednesday, August 1, 2012

PNoy allots P850-M for Dipolog infra projects


by Franklin P. Gumapon

DIPOLOG CITY, Aug. 2 (PIA) - - President Benigno Simeon C. Aquino III has allocated P850 million for the implementation of the city’s various infrastructure projects.

In her recent meeting with President Aquino at MalacaƱang, Mayor Evelyn T. Uy said the President assured her of the release of P850 million of which P150 million would be used for the completion of the Corazon C. Aquino Memorial Hospital now being built at Barangay Biasong this city.

Uy also disclosed that one of the infrastructure projects to be funded by the said amount is the expansion/upgrading of the Dipolog City Airport.

It can be recalled that in his State of the Nation Address (SONA) last week, President Aquino enumerated the airports to be upgraded and one of these was the Dipolog airport.

In a related development, City Planning and Development Coordinator Albert Alimpulos bared that the coffers of the city government have remained liquid. It has fully paid its loans for its five projects such as the Dipolog Public Market and the implementation of solid waste management amounting to P19.7 million, small and medium scale livelihood projects worth P1 million, computerization program amounting to P10 million, Dipolog Feeder port worth P27 million, and a water supply project with a total cost of P10.2 million.

As of 2011, the city’s total income and actual IRA were P519,990,002.04 and P372,399,735.00, respectively.

Presently, the city’s total borrowings against its IRA only account for eight percent. (FPG/PIA-Zamboanga del Norte)