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December 31, 2018

Clark airport O&M deal

December 31, 2018

Clark airport O&M deal

The Pampanga Chamber of Commerce and Industry Inc. (PamCham) lauds the successful bidding of the operations and maintenance O&M) contract for the Clark International Airport. The bidding was carried out in record time and in a very transparent manner with its transaction adviser, the International Finance Corporation of the World Bank, airing all the bidding... continue reading
December 30, 2018

Clark airport deal done in record time

December 30, 2018

Clark airport deal done in record time

The success of the bidding for the Clark International Airport operations and maintenance contract shows the seriousness of the Duterte administration to implement the ‘Build, Build, Build’ program, according to North Luzon Airport Consortium. The Bases Conversion and Development Authority in partnership with the Department of Transportation recently awarded the O&M contract to the NLAC,... continue reading
December 30, 2018

Climate-related projects now included under PPP

December 30, 2018

Climate-related projects now included under PPP

MANILA, Philippines — The Public Partnership Center (PPP Center) will assist government agencies in crafting projects that address the need for urban resilience and climate change adaptation and mitigation starting in 2019. It is also lining up its resources for capacitating government entities in pursuing projects in healthcare and tourism. “In 2019 the PPP Center... continue reading
December 28, 2018

Pampanga chamber lauds Clark Airport O&M bidding

December 28, 2018

Pampanga chamber lauds Clark Airport O&M bidding

The Pampanga Chamber of Commerce and Industry, Inc. (PamCham) lauded the government for successfully bidding out the operations and maintenance contract (O&M) of the Clark International Airport in record time and carried out in a very transparent manner with its transaction adviser, the International Finance Corporation of the World Bank (IFC-WB), that aired all the... continue reading
December 20, 2018

Duty Free taps PPP Center for study on privatization

December 20, 2018

Duty Free taps PPP Center for study on privatization

MANILA, Philippines — Duty Free Philippines Corp. (DFPC) is engaging the Public-Private Partnership (PPP) Center for the conduct of a study on its possible privatization, a top-ranking official said. “Actually, we’re entering an agreement with the PPP Center to review our operations and from that study they will check what business model will be applicable... continue reading
December 17, 2018

Over 50% of flagship projects to be finished by 2022–NEDA update

December 17, 2018

Over 50% of flagship projects to be finished by 2022–NEDA update

THE National Economic and Development Authority (Neda) disclosed that more than half of the administration’s flagship projects are now in the implementation phase and on track to being completed either by 2022 or a few years after the President steps down from office. Neda Undersecretary for Investment Programming Jonathan L. Uy recently told reporters that... continue reading
December 11, 2018

ADB to fund finance, infrastructure inclusiveness

December 11, 2018

ADB to fund finance, infrastructure inclusiveness

The Department of Finance (DoF) and the Asian Development Bank (ADB) on Monday exchanged documents to expedite two loans worth $600 million. The loans aim to help the government sustain efforts to expand financial services to small entrepreneurs and increase private sector participation in the infrastructure modernization program. Exchanged were loan documents covering Subprogram 2... continue reading
December 6, 2018

Mactan-Cebu International Airport named ‘Asia Pacific Airport of the Year’

December 6, 2018

Mactan-Cebu International Airport named ‘Asia Pacific Airport of the Year’

The Center for Asia Pacific (CAPA) Aviation Awards recently named the Mactan-Cebu International Airport (MCIA) as Asia Pacific Medium Airport of the Year. It was selected among airports with over 10 million annual passengers for having been the biggest standout strategically, “establishing itself as a leader” and “doing the most to advance the progress of... continue reading
November 29, 2018

LRT-1 to get CCTV system upgrades

November 29, 2018

LRT-1 to get CCTV system upgrades

MANILA — The Light Rail Manila Corp. (LRMC) has contracted the services of private company Commsec, Inc. for the PHP100-million upgrade of the closed-circuit television (CCTV) system of the Light Rail Transit Line 1 (LRT-1). “With the upgrade, which is estimated to take two years to complete, crowd monitoring will be more effective. This will... continue reading
November 27, 2018

French firm brings ‘solutions basket’ for BRT project

November 27, 2018

French firm brings ‘solutions basket’ for BRT project

A FRENCH technical support consultant hired by the Department of Transportation (DOTr) is revalidating the detailed engineering design made by former Korean consultants for the proposed Bus Rapid Transit (BRT) system in Cebu City. Even though Kunhwa Engineering and Consultancy has already prepared a detailed engineering design for the BRT project in Cebu City, the... continue reading

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