Project Description
The Project aims to digitalize the majority of processes involved in issuing the Special Resident Retiree Visa, as well as post-issuance services such as ID renewal, deposit conversion to active investments, and restamping. Additionally, it seeks to digitally transform most of the internal systems and processes within PRA to ensure the successful fulfillment of its mandate.
Project Objectives
The Project aims to digitalize processes for faster approvals and benefit disbursements, enhance data accuracy through digital verification, and implement an all-in-one platform to simplify applications and improve access to services. It also seeks to drive revenue growth and innovation by creating new products, expanding into the digital economy, and collaborating with partners.
Implementing Agency
Philippine Retirement Authority
Plan / Investment Program Alignment
TBD
Contractual Arrangement
Build-Operate-Transfer (BOT)
Province / Municipality
Multiple provinces
Region
Sector
Information and Communications Technology
Estimated Project Cost
Php 0.32 Billion
Development Cost
TBD
Procurement Mode
Unsolicited
Implementation Mode
National
Private Proponent
JONICO Technologies System and Services, Inc.
Status
Under evaluation by implementing agency
Remarks
In a letter dated August 16, 2024, the Philippine Retirement Authority informed the proponent and the PPPC that it will proceed to the detailed evaluation of the proposal.
Endorsed by the PPPC to the IA on August 7, 2024 after being determined to be complete pursuant to Section 10 of the PPP Code.
