The National Economic and Development Authority Investment Coordination Committee (ICC)-Cabinet Committee approved the acquisition of seven maritime disaster response helicopters for Philippine Coast Guard (PCG).
The approval was made during ICC-Cabinet Committee’s meeting last Friday, August 11. ICC-Cabine Committee is being chaired by Secretary of Finance Carlos Dominguez III, co-chaired by NEDA Director-General Ernesto Pernia.
The Department of Finance (DOF) said the ICC-Cabinet Committee approved the procurement of seven maritime disaster response helicopters to strengthen and expand the Philippine Coast Guard’s capability to respond to maritime incidents during natural calamities.
DOF said the procurement worth PHP5.887 billion will include training of pilots and technical crew; purchase of mission equipment, maintenance tools and spare parts; construction of hangars; and project management.
This project proposal will no go to NEDA Board chaired by President Rodrigo Duterte for final approval before implementation.