[ EXECUTIVE ORDER NO. 148, November 18, 1986 ]
ATTACHING THE PHILIPPINE NATIONAL CONSTRUCTION CORPORATION TO THE DEPARTMENT OF PUBLIC WORKS AND HIGHWAYS
WHEREAS, the Philippine National Construction Corporation (PNCC), formerly the Construction Development Corporation of the Philippines, holds by virtue of Presidential Decree (P.D.) No. 1113, as amended by P.D. No. 1894, a franchise to operate, construct and maintain the North and South Luzon Expressways and the Metro Manila Expressway;
WHEREAS, the Government of the Republic of the Philippine and/or government financial institutions have majority ownership of the PNSS, which, pursuant to PNCC vs. Pabion (320 SCRA 188), may be considered as a government-owned and controlled corporation;
WHEREAS, there is a need to make the PNCC the primary vehicle for pushing forward the governments toll road programs nationwide;
WHEREAS, to achieve this objective, there is now a need to attach, for policy and program coordination and for general supervision, the PNCC to the Department of Public Works and Highways (DPWH), with which it has allied functions, especially in the development of road networks within the country; and
WHEREAS, under Section 5, Book IV of the Administrative Code of 1987, the President is empowered to indicate to which department a government corporation may be attached;
NOW, THEREFORE, I, GLORIA MACAPAGAL-ARROYO, President of the Republic of the Philippines, by virtue of the powers vested in me by law, do hereby order the following:
SECTION 1. Attachment of the PNCC. - The PNCC is hereby attached to the DPWH for policy and program coordination and for general supervision.
SEC. 1. Effectivity. - This Executive Order shall take effect immediately.
Adopted: 18 Nov. 2002
BY THE PRESIDENT:
(SGD.) ALBERTO G. ROMULO
Executive Secretary