MANILA, Philippines — The National Economic and Development Authority Board - Investment Coordination Committee-Cabinet Committee (ICC-CabCom) has approved two new projects collectively valued at P17.94 billion — a fish port to serve the greater Metro Manila area and an infrastructure project preparation facility. The ICC-CabCom approved the Regional Fish Port Project for the Greater Capital Region (GCR) of the Department of Agriculture – Philippine Fisheries Development Authority (P14.07 billion) and the Philippines-Korea Project Preparation Facility (PK-PPF) of the Department of Finance (P3.87 billion). The Regional Fish Port Project for GCR involves the rehabilitation and upgrade of the Navotas Fish Port Complex (NFPC) to serve the present and future demands of the GCR. The facility would also be open to other agencies needing immediate support in project preparation and packaging. The ICC also approved the proposed changes in scope of two previously approved projects in Mindanao.

Source: Philippine Star December 20, 2018 16:58 UTC