At least P25 billion is needed to implement an action plan that will continue the rehabilitation of the resort island of Boracay in Aklan over the medium term and ensure its sustainable management in the long term.
The Medium-Term Boracay Action Plan (BAP) formally lays out more than 200 proposed programs for the rehabilitation of the island following its six-month closure from April to October 2018. These programs and projects will be implemented until 2022.
The Boracay Inter-Agency Task Force adopted the action plan on December 21, 2018, the National Economic and Development Authority (NEDA) said in a statement Monday, January 7, 2019.
It has been submitted for approval by President Rodrigo R. Duterte upon the recommendation of the Cabinet.
“It primarily provides the strategic interventions to ensure the island’s rehabilitation over the medium term and sustainable management over the long term,” NEDA Undersecretary Adoracion M. Navarro said.
The action plan has four thematic areas, namely:
Enforcement of laws and regulations;
Pollution control and prevention;
Rehabilitation and recovery of the ecosystem; and
Sustainability of island activities.
Its implementation would require a total investment of P25.27 billion, including P16.21 billion for infrastructure projects. The private sector is expected to finance P15.89 billion, or 63% of the total cost.
NEDA, which leads the Boracay Action Plan Committee, said a total of 233 programs, projects, and activities under all the thematic areas are proposed under the action plan. (Ventures Cebu)