DTI OKs almost P8M projects under GPB PDF Print E-mail
Friday, 19 December 2014 11:41

The Department of Trade and Industry has approved two projects worth P7.805 million for the municipalities of Salug, Zamboanga del Norte and Ramon Magsaysay in Zamboanga del Sur under the Grassroots Participatory Budgeting.

DTI-9 Industry Development Division Chief Ms. Grace C. Aduca said the projects were approved by DTI head office in Manila which include a bio-diesel plant set to rise in Salug and a mini coco oil mill in Ramon Magsaysay.

“Our head office gave its nod on the bio-diesel plant project in Salug worth P6-M and a P1.805 million mini coco oil mill project proposed by the local government of Ramon Magsaysay”, Ms. Aduca revealed.

Aduca said the P1.805 million budget was already released to Ramon Magsaysay LGU, while the P6-M budget for the bio-diesel plant was already obligated and ready for release upon completion of some requirements from the local government of Salug.

“We are expecting to release the P6-M before the year ends upon submission of the remaining documents by Salug LGU,” Aduca said.

Last month, DTI-9 has released P2.7 million to six municipalities for various LGU-initiated projects, still, under the GPB. All in all, the agency has released over P10.5 M worth of assistance this year.

Aduca explained that the proposals for the two recently approved projects were submitted along with the projects funded last month but needed the approval of DTI head office since the proposed budgets are over P1-M.

“The approval of proposed projects amounting to P1 million and up is with our head office. Less than a million, we can do it in the regional level. This is why the budget for these two big ticket projects was released a little later than those of last month’s”, she said.

The Grassroots Participatory Budgeting, formerly known as the Bottom-Up Budgeting, is a key component of President Benigno Aquino III’s anti-poverty program. It is the national government’s program that makes governance and resources allocation more responsive to local needs, thereby, contributing to poverty reduction and inclusive growth by increasing the citizens’ access to local service delivery through demand-driven budget planning, and strengthening government accountability in local public service provision.