Inquirer
Senate flags P10-B farm-to-market roads as ‘extremely overpriced’
Senator Sherwin Gatchalian revealed that over P10.3 billion was lost due to overpriced farm-to-market road projects, with one project costing over 23 times the standard price.
The overpriced Tacloban City farm-to-market road project, allocated P100 million for only 0.287 meters, resulted in a cost per meter of P348,432.06.
Gatchalian suggested that this significant overpricing is an obvious sign of corruption and that the lost funds could have funded a two-lane road from Manila to Aparri.
DA Secretary Francisco Tiu Laurel, Jr. expressed shock at the findings and mentioned that the DA did not concur with these projects.
Laurel indicated that the matter could be further investigated with the DPWH Secretary Vince Dizon, as the DPWH is responsible for constructing these roads.
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