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NewsTranscript
00:00 [Pasig River Urban Development Project]
00:16 [3, 2, 1]
00:20 [Pasig River Urban Development Project]
00:28 We will not paper over the river's fundamental problems,
00:32 nor whitewash its grime while leaving the old and rotten still there.
00:37 We do not want a river that is instantly made picturesque by coats of paint.
00:42 We want a river whose transformation sinks to its very bottom.
00:47 Executive Order 35 was issued last year for the rehabilitation of Pasig River
00:53 and make it a hub for transportation and tourism, and to help the economy.
00:59 This promenade is not only a promenade, it is a functional walkway.
01:04 It is not just a beautification, it is a functional beautification.
01:07 We will connect the cities by cycling and walking.
01:13 Within three years, the project will be completed and will connect Manila Bay and Laguna de Bay,
01:18 which has a total of 50 km walkway and bike lane.
01:21 A central park will also be built, which is called Marcos Park.
01:27 According to the Executive Order, the P18 billion fund for the project will come from the private sector
01:32 that will build the business in its length.
01:35 First Lady Liza Araneta Marcos is leading the fundraising for this project.
01:40 Up to 10,000 informal settler families will be the beneficiaries of the project and the plan.
01:45 They will be transferred to two large housing projects that will be built for them.
01:49 For GMA Integrated News, I'm Ivan Mejrina.
01:52 Your witness.
01:54 Kapuso, let's be witnesses together.
01:58 Subscribe to GMA Integrated News on YouTube.
02:01 And for Kapuso Abroad, join us on GMA Pinoy TV and www.gmanews.tv.
02:08 ♪♫♪♫.................[Music Playing]