INSTRUCTIONS: Explain the following in tagalog. It shouldbe well explained

Priority Projects

All concerned infrastructure agencies, including government owned and controlled

corporations and local government units, shall include in their infrastructure programs those

priority projects that may be fifi nanced, constructed, operated, and maintained by the private

sector. Under Joint Resolution No. 03 passed by Congress, the following have been classififi ed

as national priority infrastructure projects related to tourism:

(a) Highways, including expressways, roads, bridges, interchanges, tunnels and related facilities;

(b) Rail-based projects packaged with commercial development opportunities, e.g., use of

government facilities;

(c) Non-rail based mass transit facilities, navigable inland waterways and related facilities;

(d) Port infrastructure like piers, wharves, quays, storage, handling ferry services and related

facilities;

(e) Airports, air navigation and related facilities;

(f) Tourism, educational and health infrastructure;

(g) Land reclamation, dredging and other related developments facilities;

(h) Industrial estates, regional industrial centers, and export processing zones; and

(i) Development of new townsites and communities and related facilities.

Explanation:(Tagalog)

Preference to Filipino Contractors

In order to be accorded preference, a Filipino contractor is required to submit an equally

advantageous bid with the same price and technical specififi cations as that of the foreign

contractor. A Filipino contractor will not be accorded preference unless his bid is at par, on

both price and technical aspects, with that of the foreign contractor.

Explanation:(Tagalog)

Registration with the Board of Investments

Republic Act 7718 provides that projects costing in excess of P1.0 billion shall be registered

with the Board of Investments (BOI) and entitled to the incentives provided under the Omnibus

Investment Code. For projects undertaken as authorized under the Revised Internal Rules

costing51.0 billion or less may, upon registration with the BOI, avail of incentives provided

under the Omnibus Investment Code, subject to the inclusion of the project activity in the

current Investment Priorities Plan of the BOI.

Explanation:(Tagalog)

Investment Incentives and Government Undertakings under the BOT Law

Subject to existing laws, policies, rules and regulations, theGovernment may provide any form of direct or indirect support or contribution,such as, but not limited, to the following:

1. Cost Sharing.

(Explain: Tagalog)

1. Credit Enhancements

(Explain: Tagalog)

1. Direct Government Subsidy

(Explain: Tagalog)

1. Direct Government Equity

(Explain: Tagalog)

1. Performance Undertaking

(Explain: Tagalog)

1. Legal Assistance

(Explain: Tagalog)

1. Security Assistance

(Explain: Tagalog)