Posts Tagged ‘Cosette Canilao’

Executive Director Cosette Canilao on Solar Nightly News

PPP Executive Director Cosette Canilao did a live interview regarding the issues on ongoing projects in the pipeline on Solar Nightly News with Mitzi Borromeo last August 8, 2014.

Video Courtesy of Solar News (frame 28.37)

18 PPP projects worth P602B for rollout before June 2015

Rappler, 06 August 2014

Two of the biggest PPP projects to be launched are the P265-billion North-South commuter rail and the P132-billion mass transit loop.

MANILA, Philippines – The Aquino administration is set to roll out 18 major infrastructure projects worth P602.2 billion ($13.83 billion*) under the public-private partnership (PPP) scheme before June next year.

The 18 projects to be rolled out are part of the inventory of 47 PPP projects in the pipeline, PPP Center executive director Cosette Canilao said during the quarterly roundtable of The Wallace Business Forum.

“This is the product of about two years of streamlining processes, of establishing interaction between various government agencies, including capacities not only in the public sector, but increasing the appreciation of the private sector of PPP projects,” Canilao said.

Two of the biggest projects to be rolled out are the North-South commuter rail worth P265.3 billion ($6.09 billion) and the proposed subway system Mass Transit loop worth P132 billion ($3.03 billion). They will be rolled out in November and December, respectively.

To be launched in September are airport operation and maintenance PPP projects, including:

  • Davao Airport, P39.7 billion ($911.06 million)
  • Iloilo Airport, P29.7 billion ($681.57 million)
  • Bacolod Airport, P19.8 billion ($454.38 million)
  • Laguindingan Airport, P14.3 billion ($326.16 million)
  • Puerto Princesa Airport, P5.01 billion ($$115.02 million)
  • new Bohol (Panglao) Airport, P2.28 billion ($52.35 million)

Other projects to be launched include the Regional Prison Facilities worth P39.4 billion ($904.77 million), the Motor Vehicle Inspection System worth P18.9 billion ($434.02 million), and the Tanauan City public market worth P381.2 million ($8.75 million).

Meanwhile, the government has yet to determine the cost of several projects such as the San Fernando Airport, the Batangas-Manila natural gas pipeline, the Manila Bay-Pasig Ferry-Laguna lake ferry, and the proposed extension of the Light Rail Transit line 1 (LRT 1) all the way to Dasmariñas in Cavite instead of only Bacoor City under the P65-billion ($1.49 billion) LRT 1 Cavite extension project.

PPPs in full swing

After a slow start in 2010, Canilao said the PPP program is now in full swing after the award of 7 projects worth close to P62.6 billion ($1.44 billion). These projects are:

  • Daang Hari-South Luzon Expressway Link - P2 billion ($45.91 million)
  • PPP for School Infrastructure Project (PSIP) Phase 1 - P8.86 billion ($203.29 million)
  • PSIP Phase 2 - P16.28 billion ($373.79 million)
  • Philippine Orthopedic Center modernization - P5.98 billion ($137.29 million)
  • Ninoy Aquino International Airport Expressway - P15.52 billion ($356.28 million)
  • Automated Fare Collection System (AFCS) – P1.72 billion ($39.48 million)
  • Mactan-Cebu International Airport Expansion - P17.5 billion ($401.66 million)

“This is also a product of further refining the legal and regulatory framework,” Canilao explained.

She pointed out that the government is also set to award the concession contracts for theLRT1 Cavite extension project as well as the P35.4-billion (4812.47 million) Cavite-Laguna expressway project under the Department of Public Works and Highways (DPWH).

The award of both projects are subject of cases filed at the Supreme Court and the Office of the President.

There are also 4 projects under procurement: the biggest PPP project to date, the P123-billion ($2.82 billion) Laguna Lakeshore Expressway Project; the P4 billion ($91.8 million) Integrated Transport System (ITS) – South terminal; the P2.5 billion ITS-Southwest terminal ($57.38 million), and the Bulacan Bulk Water supply project.

Department of Transportation and Communications (DOTC) Secretary Joseph Emilio Abaya said it is high priority to ensure that the government conduct a fair and open competition for the projects, and abide by the Aquino administration’s code of good governance.

“It was very clear from the President’s State of the Nation Address that we have beenmaking great strides in generating investments and building infrastructure to benefit the country. Now that we’ve entered the last third of the President’s term, it’s timely that we assess what can be realistically done over the next two years,” Abaya said.

Abaya said the biggest project to be undertaken by the DOTC is the construction of the new Ninoy Aquino International Airport (NAIA) worth P436 billion ($10.01 billion) in Sangley Point as proposed by the Japan International Cooperation Agency (JICA).

Other projects include the P3.8-billion ($87.23 million) Metro Rail Transit line 3 (MRT 3) capacity expansion project, involving the acquisition of 48 brand new trains; the P25.6 billion ($587.63 million) Metro Manila Skyway stage 3 project of diversified conglomerate San Miguel Corporation; and the proposed P18-billion ($413.18 million) connector road of infrastructure conglomerate Metro Pacific Investments Corporation.

The Aquino administration intends to wipe out the backlog in transportation infrastructure in the Philippines over the next 5 to 10 years. – Rappler.com

*($1 = P43.57)

P602-B worth of PPP projects to be rolled out by June

ABS-CBN, 05 August 2014

MANILA, Philippines – Eighteen major infrastructure projects worth P602.2 billion under the public private partnership (PPP) program will be rolled out by the Aquino administration before June 2015.

Cosette Canilao, PPP Center executive director, said these projects are part of the 47 PPP projects in the pipeline.

“This is product of about two years of streamlining processes of establishing interaction between various government agencies including capacities not only in the public sector but increasing the appreciation of the private sector on PPP projects,” she said.

The biggest project is the P265.3 billion-North-South commuter rail project, which will be launched in November.

The P132 billion proposed subway system Mass Transit loop will be launched in December.

Several airport operation and maintenance projects will be launched in September, namely the P39.7 billion Davao Airport, P29.7 billion Iloilo Airport, P19.8-billion Bacolod Airport, P14.3 billion Laguindingan Airport, P5.01 billion Puerto Princesa airport and the P2.28 billion new Bohol (Panglao) Airport.

Other projects to be launched are the P39.4 billion Regional Prison Faciities, P18.9 billion Motor Vehicle Inspection System and P381.2 million Tanauan City public market.

Several projects such as the San Fernando Airport, the Batangas-Manila natural gas pipeline, the Manila Bay-Pasig Ferry-Laguna lake ferry and the proposed extension of the LRT-1 to Dasmarinas, Cavite, are also being proposed, although the project costs are still being determined.

Canilao said the roll out of PPP projects is in full swing, with the award of seven PPP projects worth P68 billion since 2010.

“This is also a product of further refining the legal and regulatory framework,” she said.

The government is also also set to award the P65 billion LRT 1 Cavite extension project as and P35.4 billion Cavite-Laguna expressway project. However, the awarding of the projects faces delays due to legal issues raised by other bidders.

Four projects are now under procurement, including the P123 billion Laguna Lakeshore Expressway Project, the P4 billion Integrated Transport System (ITS) South terminal, the P2.5 billion ITS Southwest terminal and the Bulacan Bulk Water supply project.

Transportation Secretary Joseph Emilio Abaya said it is the government’s top priority to conduct fair and open bidding for teh projects.

“It was very clear from the President’s State of the Nation Address that we have been making great strides in generating investments and building infrastructure to benefit the country. Now that we’ve entered the last third of the President’s term, it’s timely that we assess what can be realistically done over the next two years,” Abaya said.

For the DOTC, the biggest project to be undertaken is the new airport at Sangley Point, Cavite, as proposed by the Japan International Cooperation Agency.

Other PPP projects under the DOTC include P3.8 billion Metro Rail Transit line 3 capacity expansion project, the P25.6 billion Metro Manila Skyway stage 3 being undertaken by San Miguel, and the P18 billion connector road of Metro Pacific Investments Corp.

 

 

Gov’t to roll out 18 PPP projects

Philippine Star,  06 August 2014

MANILA, Philippines – The Aquino administration is set to roll out 18 major infrastructure projects worth P602.2 billion under the Public Private Partnership (PPP) program before June next year.

PPP Center executive secretary Cosette Canilao said during the Quarterly Roundtable of The Wallace Business Forum that the 18 projects are part of the inventory of 47 PPP projects already in the pipeline.

“This is product of about two years of streamlining processes of establishing interaction between various government agencies including capacities not only in the public sector but increasing the appreciation of the private sector on PPP projects,” Canilao said.

Two of the biggest projects to be rolled out include the North-South commuter rail worth P265.3 billion to be launched in November and the proposed subway system Mass Transit loop worth P132 billion to be launched in December.

Airport operation and maintenance PPP projects to be launched next month include the Davao Airport worth P39.7 billion, Iloilo Airport worth P29.7 billion, Bacolod Airport P19.8 billion, Laguindingan Airport worth P14.3 billion, Puerto Princesa airport worth P5.01 billion, and the new Bohol (Panglao) Airport worth P2.28 billion

Other projects to be launched include the Regional Prison Facilities through PPP worth P39.4 billion, the Motor Vehicle Inspection System worth P18.9 billion and the Tanauan City public market, P381.2 million.

After a slow start in 2010, Canilao said the roll out is in full swing after the award of seven PPP projects worth close to P68 billion including the Daang Hari – South Luzon expressway link road (P2 billion), PPP for School Infrastructure Project phase 1 (P8.86 billion), the PSIP-2 (P16.28 billion), the modernization project for the Philippine Orthopedic Center (P5.98 billion), the Ninoy Aquino International Airport expressway (P15.52 billion), the automated fare collection system project (P1.72 billion), and the Mactan – Cebu international airport expansion project (P17.5 billion).

“This is also a product of further refining the legal and regulatory framework,” she said.

According to Canilao, the government is also set to award the concession contracts for the P65 billion LRT1 Cavite extension project as well as the P35.4 billion Cavite-Laguna expressway project under the Department of Public Works and Highways (DPWH).

The awarding of both projects are being contested at the Supreme Court as well as the Office of the President.

She added that there are four projects under procurement including the P123 billion Laguna Lakeshore Expressway Project, the P4 billion Integrated Transport System (ITS) – South terminal, the P2.5 billion ITS-Southwest terminal, and the P24.4 billion Bulacan Bulk Water supply project.

Transportation Secretary Joseph Emilio Abaya said it is a high priority to ensure that the government conduct a fair, open competition for the projects and abide by the Aquino administration’s code of good governance.

“It was very clear from the President’s State of the Nation Address that we have been making great strides in generating investments and building infrastructure to benefit the country. Now that we’ve entered the last third of the President’s term, it’s timely that we assess what can be realistically done over the next two years,” he said.

 

Cebuanos Express Support for the Cebu Airport PPP Project

Press Release
03 June 2014

Representatives from 13 private and government organizations expressed support for the P17.5 Billion Mactan-Cebu International Airport new passenger terminal building project to be implemented under a public-private partnership (PPP) arrangement.

These stakeholders sealed their commitment of support during the project’s ceremonial signing last 30 May 2014 at the Waterfront Hotel & Casino in Mactan, Cebu. The signing was led by the project’s private proponent GMR-Megawide Airport Corporation (GMCA) together with the Department of Transportation and Communications (DOTC) and Mactan-Cebu International Airport Authority (MCIAA).

PPP Center Executive Director Cosette V. Canilao, in her speech during the signing, expressed that the MCIA project’s success “sends a very clear signal to our investors that if you do business in the Philippines, you are certain to get a fair and square deal.”

Aside from the PPP Center, other government agencies present to support to project were the Cebu Provincial Government, Lapu-Lapu City Government, Department of Finance, Department of Tourism, Bureau of Customs, and Bureau of Immigration. Cebu-based private organizations that included the Cebu Chamber of Commerce and Industry, the Mactan Airline Operators’ Association, and the Hotel and Restaurant Association of Cebu were also present to express support to the project.

GMCA, the company created by the winning consortium to undertake the project under the PPP Agreement, vowed to transform the existing Mactan-Cebu International Airport (MCIA) facility into the world’s first ‘Resort-Airport’ and make it the second largest gateway to the Philippines by 2017. GMCA will take over the MCIA by October 2014 and start on the airport’s proposed upgrades.

World’s First Resort-Airport

The new airport will have separate international and domestic terminals linked by a bridge to facilitate ease of movement for connecting flights. Adequate parking facilities and aircraft parking stands served by bus transfers will be in place.
The upgraded airport will have more spacious check-in area with additional counters and enhanced automated baggage handling systems and will feature conveniently located airlines lounges, retail and food shops. It will have an adjoining “village mall” complex.

The company is currently talking to world-renowned Cebu designer Kenneth Cobonpue for the airport’s interiors.

International and Cebuano designers are working together on this expansion because we want the new airport to reflect the rich Cebuano heritage while it exudes a modern yet soothing resort feel,” said GMCA President Louie Ferrer.

By 2017 when the project is completed, we would like the Mactan-Cebu International Airport to be something that Cebuanos can call their own and which all Filipinos can be truly proud of,” added Ferrer.

7th PPP Project Awarded

The MCIA project of the DOTC is the seventh project to be awarded under the flagship PPP program of the Aquino Administration. It is also the country’s first airport PPP project awarded.

GMR-Megawide Consortium was awarded the MCIA project last April 4 after submitting the best bid offering the highest premium of P14.404 billion to government in December 2013. After fulfilling all the post-award requirements including the turnover of the upfront payment, DOTC and GMR-Megawide officially signed the airport’s 25-year concession agreement in April 22.

The MCIA project is set to modernize the current airport in Cebu with the construction of an international passenger terminal building at the same time expanding the existing passenger terminal. The modernization of the MCIA will address the growing influx of passengers.

 

 

Other regions have to wait as govt moves funds to rebuild E. Visayas

GMA News, 29 November 2013

The Philippines was already playing catch-up with neighboring countries in infrastructure. Super typhoon Yolanda has pushed back plans to improve and add roads, bridges and schools in other parts of the country, as authorities devote government resources to rebuilding flattened towns and cities.

“They (the government) have to recast some plans. Some efforts are kicking in but any rebuilding in the coming months will be incremental in nature,” Emilio Neri Jr., lead economist at the Bank of the Philippine Islands, said in a telephone interview on Friday.
Neri said a significant infrastructure boost in Yolanda-stricken areas is only “seen to start second quarter.”
In a separate telephone interview Friday, Metropolitan Bank & Trust Co. research head Ildemarc Bautista said: “Most efforts are focused on relief. The private sector and the government are still evaluating what needs to be done.”

Healthy fiscal space and an accommodating financing environment allow elbow room to fund reconstruction.

Counting the costs
Some P38.8 billion in government funds have been “approved in principle” by President Benigno Aquino III to bankroll “critical and immediate interventions” that include housing assistance and repair of classrooms, public markets and hospitals, Socioeconomic Planning Secretary Arsenio Balisacan said in a press briefing Thursday.
Cabinet secretaries have been huddled in meetings to firm up a longer three- to four-year rehabilitation plan that could include tedious mapping of affected areas and even the relocation of infrastructure.
“Agencies continue to conduct damage and loss assessments, gathering more detailed information and validating available data, in cooperation with local government units and development partners working on the ground,” the National Economic and Development Authority said in a statement Thursday.
As of Friday morning, the National Disaster Risk Reduction and Management Council estimated damage to infrastructure, mostly transport networks and schools, at P12.283 billion. The price tag is only expected to go up as more reports come in.
The state can fund immediate rebuilding, said Balisacan, but cautioned: “What we need, perhaps, are resources for the medium-term interventions that will require facilities.”
While a liquid financial system, below-cap budget deficit, and soft loans and realignments from development partners could ease financing for rehabilitation of Yolanda-stricken areas, these only serve to “take away from funds that could be used for new infrastructure,” said Neri.
The Aquino administration wants to hit the 5-percent ratio between infrastructure spending and the country’s gross domestic product by the time its term ends in 2016 to address an infrastructure lack, which the World Economic Forum says is the country’s top problem in attracting investors.
This is on top of infrastructure projects under the Aquino administration’s public-private partnership (PPP) program.
PPPs post-Yolanda 
In an interview Thursday night, PPP Center executive director Cosette Canilao said the agency has been meeting with economic managers and private sector participants on how the flagship infrastructure program can expedite the rebuilding.
“From the PPP side, tinitignan namin kung papaano makakatulong yung private sector ma-accelerate yung reconstruction, especially the schools,” she noted.
Of the roster PPPs, the second phase of the nationwide classroom building project meant to address a classroom shortage took the brunt from Yolanda.
“Talagang magbabago yung specifics. For example, yung location. May mga areas na hindi na pwedeng tayuan. Tapos, imbis na how many classrooms lang ang i-coconstruct… Yung iba, buong school na ang kailangan,” Canilao said.
Some proposed PPP projects have to reviewed, but those in advanced stages and others that were bid out are still seen to hurtle forward as these are mostly in Metro Manila and the Northern Philippines.
Balisacan said: “We really need the private sector to come in quickly.”
Build better, lasting infrastructure
For all the pain and destruction it has caused, Typhoon Yolanda has at least served to open the gate for improved infrastructure in a region left behind.
“It may be an opportunity for the government to significantly upgrade infrastructure, to come out with grander plans and better outlays,” said Neri.
Balicasan said the unified post-Yolanda recovery and rehabilitation plan, which is a work in progress, includes building infrastructure that “are structurally sound.
“It’s a full range of activities from early recovery and reconstruction toward better, resilient communities,” he noted. — JDS/HS, GMA News

5 infra works to be completed by 2016

Inquirer, 27 October 2013

PPP Center exec says other projects in the pipeline to go full blast

At least five major infrastructure projects will be completed under the public-private partnership (PPP) framework and several others likely to be in full blast of construction before President Aquino steps down from office in 2016, the chief of the government’s PPP Center said.

Speaking during the 8th Philippine Forum organized by The Asset Magazine and the Fund Managers Association of the Philippines (FMAP) last week, PPP Center executive director Cosette Canilao said the five projects likely to be completed during this administration were Daang Hari tollroad, School Infrastructure project phases one and two, the modernization of the Philippine Orthopedic Center and the Naia Expressway.

Speaking to reporters after the forum, Canilao said it’s also possible to complete the integrated transport fare collection system within Mr. Aquino’s term. “Once this project is approved and rolled out, it’s possible that this will be completed. It’s not too complicated,” she said.

For his part, Transportation Undersecretary Rene Limcaoco said most of the infrastructure projects under his department’s pipeline would likely take off, not just those to be bid out under the PPP framework but likewise those that would be undertaken by the government itself.

Canilao said the following projects would be at the height of construction within Mr. Aquino’s term: Light Railway Transit Line 1 extension, Mactan-Cebu International airport upgrading.

By year 2015, she said most of the big-ticket projects would be in full blast of construction while 2014 would, for some, be the year to raise funds.

Canilao is expecting the rollout of the PPP projects to be faster in these last three years of the Aquino administration, noting that “lessons” had been learned from the first half of the President’s term.

“We’ve done already the setting down of the processes. We’re still improving it but the foundation is already there. During the remainder of the term, hopefully it will be faster. We’re looking at standardizing some of the bid documents so that the bidders, once they receive the drafts, they know what to expect,” Canilao said.

During the forum, when asked by The Asset editor-in-chief Daniel Yu to assess the performance of the government’s PPP program in the first three years, Canilao gave a score of six out of the highest possible score of 10. On rating his department’s infrastructure program, Limcaoco gave a rating of five out of 10.

Canilao said the government was likewise working to amend the build-operate-transfer law to boost the PPP program for the longer haul, no longer for the current pipeline.

“We don’t need it (for this term) but nonetheless, we’re rushing it, hoping that it will be passed by summer recess,” Canilao said.

She said among the most important provisions would be to identify and set parameters for projects of “national significance” as well as to extend the mechanism for Swiss challenge, or the process of inviting counter-proposals to unsolicited projects.

Right now, rival bidders are given 60 days to make a counter offer. “We’re hoping for at least six months,” she said.

At the same time, the amendments call for the creation of a PPP governing board and a legal framework for a PPP Center.

Flexibility is likewise sought on the contingent liability that the government can take in relation to projects in the pipeline, she said.

 

Classrooms under first DepEd PPP ready by April 2014

GMA News, 25 October 2013

Construction of 9,300 classrooms under the first phase of a public-private partnership (PPP) project of the Department of Education (DepEd) is likely to be completed by April next year, the top official of the state agency reviewing the flagship infrastructure program said Friday.

“That’s the target and contractors are expected to deliver,” Cosette Canilao, executive director of the PPP Center, said in an ambush interview in Bulacan province.,

The PPP for School Infrastructure Project (PSIP) Phase 1 involves the design, construction, maintenance, and financing of 9,300 classrooms in one and two-story buildings in Regions I, III and IV-A.

The 10-year contract under a build-lease-and transfer agreement also includes furniture, fixtures and toilets for 2,204 public elementary and secondary school.

The construction contract was bagged last year by two consortia: BF Corporation-Riverbanks Development Corporation, and Citicore Holdings Investment Inc.-Megawide Construction Corporation.

In a separate interview, Louie Ferrer, Megawide vice-president for Marketing and chief information officer, said some of the constructed classrooms were already being used by recipient-pupils.

On Friday, Megawide turned over 500 newly-built classrooms in Region 3 and 4-A to Education Secretary Armin Luistro.

“With the help of the private sector we are confident that we can deliver our commitment to public school students,” Luistro said.

According to the status report posted on the PPP website, construction of 3,200 classrooms has started, while notices to proceed for some 5,400 classrooms have been issued.

The PSIP was fielded in the PPP program two years ago to cut the public school system’s 66,800-classroom shortage as fast as possible.

Phase II of the PSIP – which aims to construct 10,679 more classrooms – was bagged by Megawide and Consortium of BSP & Co. Inc and Vicente T. Lao Construction this October. — DVM, GMA News