The P8.3-trillion Build Better More (BBM) infrastructure program would address the water shortage and connect islands through bridges and expressways, President Ferdinand “Bongbong” Marcos Jr. said on Monday, July 24, during his second State of the Nation Address (SONA) at the Batasang Pambansa in Quezon City. (Video Courtesy of RTVM)
READ: https://mb.com.ph/2023/7/24/marcos-cites-infrastructure-gains-plans-under-bbm-program
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READ: https://mb.com.ph/2023/7/24/marcos-cites-infrastructure-gains-plans-under-bbm-program
Subscribe to the Manila Bulletin Online channel! - https://www.youtube.com/TheManilaBulletin
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NewsTranscript
00:00 One of the keys to continuing economic growth is infrastructure development.
00:08 So we will build better and more.
00:11 Our 8.3 trillion peso Build Better More program is currently in progress and being vigorously
00:18 implemented.
00:19 The underlying logic of the program is that the country will benefit from the 164 projects
00:30 under this program.
00:33 We are not only continuing the projects that have already started, we are also expanding
00:39 them.
00:40 That is why the 123 projects under the Build Better More program are new.
00:48 The underlying logic to our infrastructure development is economic efficiency.
00:53 We are opening up all gateways to mobilize goods and services at less cost and in less
00:58 time and ultimately to drive the economy forward.
01:03 As of June this year, we have constructed, maintained and upgraded more than 4,000 kilometers
01:09 of roads and around 500 bridges across the country.
01:13 Crucial airport and port development projects across the country have also been completed,
01:18 including Cebu Piers 88 Smart Port and the new passenger terminal buildings of Clark
01:25 Airport and the Port of Calapan.
01:28 Intermodal connectivity will also be a primary consideration.
01:32 Roads, bridges and mass transport systems will be interconnected.
01:37 This network will provide access and passage to vital and bustling economic markets, such
01:42 as agriculture hubs, tourism sites and key business districts.
01:47 Thank you.
01:48 [END OF TRANSCRIPT]
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