Republic of the Philippines

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PPP in the News

Marcos OK’s review of BOT Law rules

Marcos OK’s review of BOT Law rules

THE NATIONAL Economic and Development Authority (NEDA) has been directed by President Ferdinand R. Marcos, Jr. to review certain provisions of the revised rules of the Build-Operate-Transfer (BOT) Law. “We have already received the President’s directive to review the implementing rules and regulations (IRR) of the BOT Law. We are presently awaiting the convening of... continue reading

Marcos OKs Neda review of ‘antimarket’ BOT Law rules

Marcos OKs Neda review of ‘antimarket’ BOT Law rules

The country’s chief economist expects more private sector funding for public infrastructure projects materializing soon, as President Marcos approved the plan to revisit the supposedly “antimarket” provisions of the guidelines of the Amended Build-Operation-Transfer (BOT) Law. “We have already received the President’s directive to review the implementing rules and regulations or IRR of the BOT... continue reading

PH eyes amendment of BOT law to attract more PPP investors

PH eyes amendment of BOT law to attract more PPP investors

The government plans to amend implementing rules of the Build-Operate-Transfer (BOT) Law to improve the investment climate and attract more private investors to undertake public-private partnership infrastructure projects Finance Secretary Benjamin Diokno banks on the expansion of the economy to generate higher tax revenues that will be used to finance infrastructure development Finance Secretary Benjamin... continue reading

Malacañang approves BOT IRR review

Malacañang approves BOT IRR review

President Marcos has approved the review of the implementing rules and regulations (IRR) of the Build-Operate-Transfer (BOT) Law, the National Economic and Development Authority (NEDA) said. At the Economic Journalists Association of the Philippines (EJAP) forum on Wednesday, Aug. 17, Socioeconomic Planning Secretary Arsenio M. Balisacan said that Malacañang is now preparing an executive order... continue reading

DOTR open to new PPP offers for NAIA upgrade

DOTR open to new PPP offers for NAIA upgrade

The Department of Transportation will entertain new proposals for the multibillion-peso rehabilitation and upgrade of the Ninoy Aquino International Airport, a top official said over the weekend. “It’s still a priority. We will invite the private sector again to revisit the possibility of doing a PPP [public private partnership] for NAIA,” Transportation Secretary Jaime Bautista... continue reading

PPPs to help attain inclusive growth

PPPs to help attain inclusive growth

THE National Economic and Development Authority (NEDA) sees the critical role of public-private partnerships (PPPs) in helping the government achieve inclusive and sustained economic growth. In his speech as keynote speaker at a luncheon meeting with the European Chamber of Commerce of the Philippines (ECCP), Socioeconomic Planning Secretary Arsenio Balisacan said that through PPPs, the... continue reading

NEDA: PPP helps achieve inclusive, sustained growth

NEDA: PPP helps achieve inclusive, sustained growth

The National Economic and Development Authority (NEDA) said Public-Private Partnerships (PPPs) play a critical role in helping the government achieve inclusive and sustained economic growth. At the meeting of the European Chamber of Commerce of the Philippines, Socioeconomic Planning Secretary Arsenio M. Balisacan said that through PPPs, the government can tap the private sector’s capacity... continue reading

PPPs seen allowing LGUs to build amid tight gov’t finances

PPPs seen allowing LGUs to build amid tight gov’t finances

SENATOR Juan Edgardo M. Angara said President Ferdinand R. Marcos, Jr.’s proposal for local government units (LGUs) to take on public-private partnerships (PPPs) will allow LGUs to pursue infrastructure and digitalization projects even when the government is managing a high debt load. “A PPP that strikes a balance between public welfare and fiscal responsibility, and... continue reading

Balisacan says PPP projects must outperform ODA in cost-benefit analysis

Balisacan says PPP projects must outperform ODA in cost-benefit analysis

THE public-private partnership (PPP) mode of financing major projects will be subjected to cost-benefit analysis to determine whether such an option is more beneficial than tapping official development assistance (ODA), Socioeconomic Planning Secretary Arsenio M. Balisacan said. In chance remarks delivered to reporters on the sidelines of a Gross Domstic Product (GDP) briefing on Tuesday,... continue reading

PPP eyed for resettlement projects in N. Luzon quake-hit areas

PPP eyed for resettlement projects in N. Luzon quake-hit areas

MANILA – The Department of Human Settlements and Urban Development (DHSUD) seeks to partner with the private sector to fast-track land development and construction of resettlement sites in Abra and even in other calamity-stricken areas in the country. Secretary Jose Rizalino Acuzar said on Wednesday DHSUD has initiated preliminary talks with some of the country’s... continue reading