State Dining Room, Malacañan Palace
June 18, 2025

President Ferdinand R. Marcos Jr., together with his Cabinet Secretaries, presided over the first Economy and Development Council (EDC) meeting at the State Dining Room in Malacañan Palace.

During the meeting, the President approved a ten (10)-year extension of the water concession agreements with Maynilad and Manila Water, ensuring a continuous supply of clean water in Metro Manila and neighboring provinces.

He also approved two (2) major infrastructure projects: the PhP27.7 billion Farm-to-Market Bridges Development Program, which aims to construct modular steel bridges in agricultural regions; and the PhP5.1 billion Liloan Bridge Construction Project in Southern Leyte, designed to link Panaon Island to the mainland.

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