09/10/2025
Ten billion peso-worth of Farm-to-market Roads (FMRs) programmed under the 2023 and 2024 national budgets were “extremely overpriced,” hiking the expenses by up to 70 percent, Senator Sherwin Gatchalian revealed on October 8, 2025.
During the Senate Committee on Finance’s deliberations on the proposed PHP 176.70 billion budget of the Department of Agriculture (DA) and its attached agencies for 2026, Gatchalian asked DA Secretary Francisco Tiu Laurel Jr. if any FMRs above PHP 15,000 per meter were considered “overpriced,” to which the Secretary affirmed.
“Kasi tinitingnan namin ‘yung ibang mga gawa, like in 2024… tinignan namin ang mga projects in different areas and inilista namin ‘yung top ten, tawag namin extremely overpriced FMRs,” Gatchalian said.
Gatchalian also pointed out that one of the contractors named on his list of overpriced FMR contracts was apparently linked to the companies connected with former Ako Bicol Party-list Representative Zaldy Co, which were EGB Construction Corporation, Hi-Tone Construction & Development Corp., and Road Edge Trading & Development Services.
“Obviously, ‘yung Hi-Tone, ito ‘yung construction company na connected kay Zaldy Co. Tingin ko, hindi naman coincidental na ang pinakamalaking nakakakuha ng FMR is Region V, tapos pangatlong pinakamaraming nakakuha is connected kay Zaldy Co,” Gatchalian explained.
| via Wilson Carlo M. Dela Torre, The Perpetualite
Photo courtesy of the Senate of the Philippines
Sources: Inquirer, GMA News