The Cagayan de Oro City Development Council (CDC) unanimously approved the 2023 Annual Investment Program (AIP) during the 11th City Development Council – Full Council Meeting held at Mallberry Suites, Business Hotel, this city on Tuesday, September 27, 2022.
According to the data presented by City Planning and Development Coordinator EnP Ramir Balquin, the investible Programs, Projects and Activities (PPAs) for 2023 in the city focuses on the General Public Services, Social Development Services, and Economic Development Service sectors.
The total project cost, Balquin said, is P8.289 billion, with the Economic Development Service Sector getting 43% share of investment at P3.561 billion.
The Social Development Services Sector, on the other hand, got 39% share of investment at P3.260 billion, while the General Public Services Sector got 18% share at P1.467 billion.
Meanwhile, Cagayan de Oro 2nd District Representative Rufus Rodriguez took the time to express his support for City Mayor Rolando “Klarex” Uy’s RISE CDO program.
“The office of the second district of Cagayan de Oro will surely coordinate, cooperate and support Mayor Klarex Uy in his RISE CDO program. Therefore, this particular annual investment plan will go towards the achievement of RISE CDO, this is for the benefit of the entire city of Cagayan de Oro,” Congressman Rodriguez said.
“Elections are over and we are certainly going to make sure that our plans should be in consonance with the plan of the mayor,” he added.
On April 6, 2022, the City Planning and Development Office facilitated the formulation of the AIP 2023 with all offices and departments of the City Government.
The AIP 2023 is supportive, consistent, and strategically contributory to the attainment of the administration’s RISE CDO Agenda.
The City Development Council assured that the PPAs under the AIP 2023 have been reviewed by the CDC Secretariat and the City Budget’s Office for consistency with the investment programming policies and guidelines.
Source: CIO-Cagayan de Oro