Bernama, 18 December 2014
BANGKOK, Dec 18 (Bernama) — The Asean Connectivity Coordinating Committee (ACCC) convened the Asean Public-Private Partnership (PPP) Networking Forum from Dec 16-17 in Manila.
The forum was to discuss the PPP as an innovative financing mechanism to realise the Master Plan on Asean Connectivity (MPAC), according to a statement released by the Asean Secretariat.
“It brought together senior officials and experts from various agencies, international financing institutions, development partners and the private sector to share their PPP experience, discuss proposed PPP guidelines, and explore strategies to attract the private sector to invest in infrastructure in the region.
“They discussed issues related to mobilising resources for MPAC through the PPP, countries’ experiences on it, the proposed Asean PPP Guidelines/Principles, and creating a more conducive environment to the PPP at the regional, national and local government levels,” the secretariat added.
The Asean Secretariat highlighted that the need to develop a pipeline of properly prepared projects and enhance the public sector capacity in project preparation was emphasised at the forum.
“This could be derived through sharing of best practices, cooperation, collaboration, and mutually beneficial partnerships,” it said.
The forum was organised by the Philippine Permanent Mission to Asean with support from the ACCC, the Office of Asean Affairs of the Philippines’ Department of Foreign Affairs (DFA), and the PPP Centre of the Philippines.
The event was supported by the Economic Research Institute for Asean and East Asia (ERIA) and Asean Regional Integration Support from the EU (ARISE).