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Philippines: Property boom boosts Albay’s disaster risk reduction program

Source(s): Malaya Business Insight
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Albay (Philippines) Gov. Joey Salceda states that the increase in development projects known as the Guicadale (Guinobatan, Camalig, Daraga and Legazpi City) Economic Platform "are most welcome as they enable the province to build safer areas for habitation and business away from the Mayon Volcano lahar zone and flash flood-prone areas."

Investments by the national government into the Bicol International Airport construction in 2011 mount up to P3.07-billion. Salceda said private investors in the Guicadale Economic Platform now help integrate Disaster Risk Reduction (DRR) and Climate Change Adaptation (CCA) into public investment programs, Malaya Business Insight reports.

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Themes Private sector Urban risk and planning Disaster risk management Structural safety
Country and region Philippines
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