APECO revives 10 infra projects worth P800M – BusinessWorld Online
THE Aurora Pacific Economic Zone and Freeport Authority (APECO) said it revived 10 previously abandoned infrastructure projects valued at nearly P800 million.
In a statement on Wednesday, APECO said the projects include underground power distribution lines, water systems, sanitation facilities, and public buildings.
“(They) are now either completed, inaugurated, or under active construction under the leadership of APECO President and CEO Gil G. Taway IV,” APECO said, noting that the projects were inherited from the past administration.
Among the completed projects are the first phase of the P60-million Central Water Supply and Reservoir (CWSR), the first phase of the P28-million Sewage Treatment Plant (STP), and the P12-million APECO Fire Station.
APECO said that the first phase of the Underground Power Distribution Line (UPDL) is currently 98% complete. Combined with UPDL Phase 2, the project is 78% complete. They are worth P70 million overall.
Other ongoing projects are the second phase of the P30-million CWSR and the P15-million acquisition of fire trucks and ambulances. These are 87% and 50% complete, respectively.
One project in pre-construction is the P47-million STP Phase 2. — Justine Irish D. Tabile