MALACAÑAN PALACE
MANILA
BY THE PRESIDENT OF THE PHILIPPINES
[ ADMINISTRATIVE ORDER NO. 123, June 01, 1968 ]
PRESCRIBING AN EXPEDITIOUS MODE FOR THE GOVERNMENT TO DETERMINE AND UNDERTAKE AUTHORIZED PUBLIC WORKS PROJECTS REQUIRED BY REGISTERED ENTERPRISES IN THEIR OPERATIONS WITHIN PREFERRED AREAS OF INVESTMENT
1. To insure the effective implementation of the recently approved Investments Priorities Plan, it is imperative that the Government undertake such public works projects as are necessary to make feasible business operations of registered enterprises within the preferred areas of investment.
2. Accordingly, upon the registration of any enterprise in a preferred area of investment, the Board of Investments shall designate the specific supporting public works projects required by said enterprise in its preferred operations and give notice thereof to the Department of Public Works and Communications. Thereupon, the latter shall undertake said public works projects to the full extent authorized by law oil submit monthly progress reports thereon to the President. If any such project cannot be undertaken, the Department of Public Works and Communications shall report the same to the President with a statement of the reasons for its inability to do the project. The DPWC shall furnish the Board of Investments with a copy of every report to be submitted by it to the President.
3. The Budget Commissioner shall give preference to the release of funds necessary for the above purposes.£A⩊phi£ If funds cannot be released, the Budget Commissioner shall report the same to the President with a statement of the reasons therefor and shall send copies thereof to the Department of Public Works and Communications and the Board of Investments.
4. In preparing public works bills to be submitted to Congress, the Department of Public Works and Communications and the Budget Commission shall, in consultation with the Board of Investments, include therein the public works projects necessary to make business operations in preferred areas feasible.
Done in the City of Manila, this 1st day of June, in the year of Our Lord, nineteen hundred and sixty-eight.
(Sgd.) FERDINAND E. MARCOS
President of the Philippines
By the President:
(Sgd.) RAFAEL M. SALAS
Executive Secretary
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