The Pinoy Business Chronicle

Business news and analysis. Covering financial news, economic issues, stock market data, local business, business policy and more.

National Business News

Pasig River projects incomplete despite considerable fund use

pasig river projects incomplete despite considerable fund use 816x445 - Pasig River projects incomplete despite considerable fund use
boat 060319 - Pasig River projects incomplete despite considerable fund use
People ride a motorized ferry along a part of Pasig River to cross the river between the cities of Mandaluyong and Makati. November 20, 2011. — BW FILE PHOTO

PROJECTS last year by the Pasig River Rehabilitation Commission (PRRC) were not completed, despite the considerable use of their funds, according to the Commission on Audit (CoA).

CoA said PRRC was able to utilize P107,568,198.93 of its P111,078,000 appropriation as approved by the Department of Budget and Management for six rehabilitation and development projects.

These projects cover the San Juan River, Estero de Magdalena, Estero de Kabulusan, Estero de Valencia, Estero de Pandacan, and Estero de la Reina.

Of the San Juan River project, P51,269,661.02 was spent, but the project remains only 27.65% complete, CoA said in its report, which also cited “Right-of-way issues and unavailability of cleared easements.”

Estero de Magdalena in Manila posted 1% accomplishment despite the P16,889,551.53 spent on it.

The Estero de la Reina project posted 20.57% accomplishment, according to CoA’s report, which also cited “Prolonged resistance of the newly elected Barangay Chairman in the implementation of the project.”

Rehabilitation and development of the Estero de Valencia Phase 3 and Estero de Pandacan Phase 2 were reported as 20.12% and 26.51% accomplished, respectively.

The state auditors recommended that PRRC fast-track those projects. — Vince Angelo C. Ferreras

Leave a Reply

Theme by Anders Norén