‘Arrow’ law seen boosting critical infrastructure projects
The new right-of-way law that President Marcos signed recently is expected to accelerate the development of infrastructure projects nationwide. These include roads, bridges, energy and water systems and schools.
Frederick Go, Special Assistant to the President for Investment and Economic Affairs, said the Accelerated and Reformed Right-of-Way Act will hasten the delivery of critical projects while ensuring fair compensation and transparency.
“It will enable better access to essential services, boost investor confidence and more importantly, fast-track projects that will deliver safer roads, shorter commutes, reliable electricity, clean water and increased opportunities,” Go said in a statement on Friday.
He added that the new law will address delays in infrastructure projects by streamlining the framework for land acquisition. These delays are usually caused by issues surrounding right of way.
“Infrastructure projects are often held back by disputes over property valuation, overlapping claims and fragmented legal processes,” Go said.
Addressing the flood problem effectively