Question & AnswerQ&A (EXECUTIVE ORDER NO. 228)
The purpose of Executive Order No. 228 is to create a Philippine Coordinating Committee on the Asian Development Bank tasked with preparing the site, coordinating construction of physical facilities, and liaising between the Asian Development Bank and the Philippine government.
Cornelio Balmaceda, Special Adviser to the President on the Asian Development Bank, was appointed as the chairman.
The committee includes representatives from the Department of Foreign Affairs, Department of Commerce and Industry, Program Implementation Agency, Central Bank of the Philippines, and Development Bank of the Philippines.
Yes, the composition may be expanded to include representatives from other government offices and persons upon recommendation by the Chairman and approval by the President.
The committee works with the preparatory arrangements committee, arranges leasing and furnishing of temporary offices, considers building plans, selects architects, evaluates and recommends contracts for construction and furnishing, coordinates legislation related to the bank’s establishment, and acts as liaison with the Asian Development Bank.
The committee coordinates with government offices and represents the government before Congress to enact laws required for the establishment of the bank, including ratification of the Agreement Establishing the Bank, land reservation, and appropriations for buildings and operations.
The committee makes studies and submits recommendations to the President regarding the possible relocation of the Philippine Merchant Marine Academy to another site.
Yes, all departments, bureaus, offices, government-owned or controlled corporations, and local government units are directed to render cooperation and assistance as requested by the committee.
The President may designate additional functions for the committee to perform concerning the Asian Development Bank as needed.
The committee was created because the Philippines was chosen as the headquarters of the Asian Development Bank, requiring coordinated efforts for site preparation, construction, and liaison to fulfill commitments such as providing land and buildings for the bank’s free use.