Philippine Institute for Development Studies (PIDS) President Celia Reyes led the groundbreaking ceremony on January 27, 2020 to officially start the construction of the new PIDS building along Commonwealth Avenue in UP Diliman.

Present during the ceremony were Socioeconomic Planning Secretary and PIDS Board of Trustees Chairperson Ernesto Pernia, University of the Philippines (UP) President Danilo Concepcion, PIDS founding father and UP Emeritus Professor of Economics Gerardo Sicat, former PIDS Presidents Filologo Pante and Josef Yap, PIDS Board of Trustees members Atty. Rafael Lotilla and Dr. Alfredo Pascual, UP Vice President for Development Elvira Zamora, UP Vice President for Public Affairs Elena Pernia, UP Vice President for Academic Affairs Cynthia Bautista, PIDS management committee, research fellows, and staff, and officials from the DPWH, Department of Budget and Management, and Commission on Audit.

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