Public-Private Partnership Center

REFORMS to the public-private partnership (PPP) framework are expected to steer infrastructure to a “transformative course” as the government pushes to attract foreign investment, a Senate think tank said in a policy brief. “The establishment of PPP units within implementing agencies should transcend voluntarism, as dedicated and permanent units fortified with technical, legal, and financial... continue reading

MANILA -The Light Rail Transit (LRT) Line 1 saw an increase of 10 percent to 20 percent in its transport capacity following the deployment of 4th generation (Gen-4) train sets on the railway. Jacqueline Gorospe, spokesperson of LRT 1 private operator Light Rail Manila Corp. (LRMC), told the Inquirer that its current fleet is now... continue reading

In a statement, the Department of Public Works and Highways (DPWH) shared that the aforementioned portion — which spans from España Boulevard to the Polytechnic University of the Philippines (PUP) in Sta. Mesa, Manila — is already 66.64 percent complete. The department shared that a total of 1.84 km of the four-lane road have already... continue reading

The Aboitiz Group was accepted, in principle, of their budget to operate the Bohol Panglao International Airport (BPIA) by the National Economic Development Authority (NEDA) last Friday. Former NEDA Secretary Ernesto Pernia relayed the information to the Chronicle after NEDA issued a press statement confirming the green light to upgrade the airport. The airport construction... continue reading

AT A GLANCE International Finance Corporation (IFC) Regional Vice President for Asia and the Pacific, Riccardo Puliti commended the recently approved public-private partnership (PPP) Code, which will attract more domestic and international investments in infrastructure. The PPP Code consolidates and simplifies the legal framework for all PPPs in the Philippines. IFC is committed to supporting... continue reading

Panglao, Bohol—Public-private partnership would push the growth of green buildings in the Philippines. In his opening address, Christopher de la Cruz, CEO of the Philippine Green Building Council (PHILGBC) said the collaboration between the two sectors is a sign that the stakeholders are quite aware of the importance of sustainable development in our lives. “We... continue reading

The construction of the 2.55-kilometer that connects the two major express ways heading to and from Metro Manila is now 66 percent complete, the Department of Public Works and Highways (DPWH) said on Tuesday, Oct. 17. DPWH Undersecretary for Planning and Public-Private Partnership Services Maria Catalina E. Cabral said the North Luzon Expressway (NLEX)-South Luzon... continue reading

PPP PROJECT FOR BGH — The National Economic and Development Authority Board, chaired by President Ferdinand R. Marcos Jr., approved the Baguio General Hospital and Medical Center (BGHMC) Dialysis Center Public-Private Partnership (PPP) project for the hospital’s renal facility. Health Secretary Teodoro Herbosa, Special Concerns Team USec. Maria Francia Laxamana, BGHMC Chief Ricardo Runez Jr.,... continue reading

MANILA, Philippines — Australian firms are looking to partner with the Philippine government for an initial 40 megawatt (MW) thorium-based reactor project, according to the Department of Trade and Industry (DTI). In a statement Monday, the DTI said Trade Secretary Alfredo Pascual met with officials of Southern Infrastructure Pty Ltd. and Kaizen ANZ Pty Ltd.... continue reading

GOVERNMENT-RUN Clark International Airport Corp. (CIAC) reported P475 million in revenues from January to August, representing 92% of its target for the year. “CIAC has shown financial stability even after the privatization of the Clark International Airport,” CIAC President and Chief Executive Officer Arrey Ancheta Perez said in a statement on Monday. For 2023, the... continue reading