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MindDA exec says House shakeup won’t affect major projects in Mindanao

|  July 31, 2018 - 8:02 pm

DAVAO CITY (MindaNews/ 31 July) – The recent change of leadership in the House of Representatives will not hamper the implementation of big-ticket projects in Mindanao, an official said on Tuesday.

“It’s just a change of leadership and so far as commitment to transforming Mindanao and making sure these projects are implemented, it remains there whoever assumed leadership,” Romeo Montenegro, Mindanao Development Authority executive deputy director said in an interview.

Former president and now Pampanga Rep. Gloria Macapagal-Arroyo replaced Davao del Norte Rep. Pantaleon Alvarez as Speaker hours before President Rodrigo Duterte would deliver his 3rd State of the Nation Address last July 23.

Montenegro said the implementation of phase 1 of the Mindanao Railway Project is on track as well as some other large infrastructure projects in the island.[]/a> with |||

“We would like to strengthen our proposal for the government to eventually look at employing Islamic finance for many projects in Mindanao,” he said.

One of the biggest Sukuk fund issuers in the world is Malaysia, he said.

(Antonio L. Colina IV/MindaNews)