Smarter News Now
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • Email Whitelisting
No Result
View All Result
  • Top News
  • Economy News
  • Forex News
  • Investing News
  • Stock News
  • Politics News
  • Editor’s Pick
  • Top News
  • Economy News
  • Forex News
  • Investing News
  • Stock News
  • Politics News
  • Editor’s Pick
No Result
View All Result
Smarter News Now
No Result
View All Result
Home Investing News

Baguio solicits proposals for hydroelectric, bulk water, cable car projects 

by
August 23, 2022
in Investing News
0
Baguio solicits proposals for hydroelectric, bulk water, cable car projects 
0
SHARES
9
VIEWS
Share on FacebookShare on Twitter
DOT.GOV.PH

THE BAGUIO Citygovernment has put up three projects — a renewable energy plant, water supply, and transport — for proposals as part of its priority investments program. 

“The city government is accepting proposals for three more big ticket projects: 

Asin Hydro Electric Plant, Cable Car System as Public Transport, Bulk Water,” it said in a post on its official Facebook page late Tuesday. 

Proposals may be submitted starting this week to Sept. 22. 

City Budget Officer Leticia O. Clemente, in a separate statement on Monday, said they recently presented the local government’s 12 priority investment areas to local businessmen, which will be pursued through various financing schemes, including public-private partnership (PPP). 

“On water and energy resources development,” Ms. Clemente said the city government is looking to set up a “waste-to-energy project, rehabilitate the city-owned Asin minihydro power plants and revive the bulk water supply and distribution project.” 

The cable car project is part of the planned mass transportation and facilities system, which also includes an intermodal transport terminal, multi-level parking, and elevated monorail, among others. 

Other priority investment areas include Smart City mobility system and information technology-enabled services; tourism-oriented and related establishments such as parks development, eco park and multi-level greenhouse at Botanical Garden; market development and slaughterhouse modernization; mass housing; and business incubation hubs and co-working spaces, among others. 

Ms. Clemente said aside from the PPP scheme, they are looking to bankroll the projects using local revenue collection, borrowing or bond flotation, foreign and local grants, capital income from sale or use of assets, or a combination of these different options. — MSJ 

ShareTweetPin

Related Posts

Stocks decline on profit taking, recession fears
Investing News

Stocks decline on profit taking, recession fears

August 23, 2022
Peso climbs vs dollar as RTB offer starts
Investing News

Peso climbs vs dollar as RTB offer starts

August 23, 2022
PNR cancels bids for 3 projects after finding them ‘non-feasible’
Investing News

PNR cancels bids for 3 projects after finding them ‘non-feasible’

August 23, 2022
Senate grills Rodriguez on approval procedures for sugar import order
Investing News

Senate grills Rodriguez on approval procedures for sugar import order

August 23, 2022
Trade dep’t expecting sugar price monitoring report by Friday
Investing News

Trade dep’t expecting sugar price monitoring report by Friday

August 23, 2022
Fisherfolk seek halt to reclamation on municipal fisheries
Investing News

Fisherfolk seek halt to reclamation on municipal fisheries

August 23, 2022
Next Post
Australia-funded coral restoration project underway in Zambales  

Australia-funded coral restoration project underway in Zambales  

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Email Address *
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!
 

Recommended

Philippine DoJ indicts BPI official for involvement in Wirecard fraud

Philippine DoJ indicts BPI official for involvement in Wirecard fraud

August 18, 2022
Depp scores near-total victory in US defamation case against ex-wife Heard

Depp scores near-total victory in US defamation case against ex-wife Heard

June 2, 2022
HSBC Launches £15BN fund to help UK SMEs and their local economies

HSBC Launches £15BN fund to help UK SMEs and their local economies

June 1, 2022
Whiskey Business: A Masterclass in Malt and Digital Transformation

Whiskey Business: A Masterclass in Malt and Digital Transformation

July 27, 2022
Overcoming automation assumptions can help influence business strategy

Overcoming automation assumptions can help influence business strategy

June 8, 2022
Long-term plan for fertilizer industry needed

Long-term plan for fertilizer industry needed

July 21, 2022
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • Email Whitelisting

Copyright © 2022 SmarterNewsNow.
All Rights Reserved.

Disclaimer: SmarterNewsNow.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

No Result
View All Result
  • About Us
  • Contact Us
  • Email Whitelisting
  • Home
  • Privacy Policy
  • Terms & Conditions
  • Thank You

Copyright © 2020 SmarterNewsNow. All Rights Reserved.