, 7 tweets, 2 min read Read on Twitter
Did you know that of the 75 flagship projects of President Duterte's Build, Build, Build initiative, only 2 have been completed as of April 2019? #SONA2019
Here's the breakdown by status:

2 completed
9 ongoing
9 undergoing procurement
21 undergoing budgeting/financing
24 undergoing feasibility studies
5 undergoing detailed engineering designs
5 are for review
In terms of funding, 75% of the projects are to be funded by ODA or official development assistance (loans/grants).

Only 13% will be funded by the national budget, and 11% by public-private partnerships (PPPs).
If we drill down on the loan-financed projects, 42% are to be Chinese-funded (in whole or in part).

Meanwhile, all two grant-funded projects (the Binondo-Intramuros and Estrella-Pantaleon Bridges) are Chinese-funded.
The 2 completed projects are relatively minor/obscure. Many ongoing projects are located at Clark.

*cost in million PhP
So this report by Ina Reformina is so very wrong and misleading.

None of the 10 largest BBB projects, including the Metro Manila Subway, are categorized as "ongoing" as of April. They are at various stages of budgeting/financing, procurement, or detailed engineering designs.

*cost in million PhP
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