Republic of the Philippines

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PPP in the News

Plans underway to review IRR of BOT

Plans underway to review IRR of BOT

THE National Economic and Development Authority (NEDA) reiterated that plans are underway to review implementing rules and regulations (IRR) of the Build-Operate-Transfer (BOT) Law. During the Management Associations of the Philippines Economic Briefing and General Membership Meeting, Socioeconomic Planning Secretary Arsenio Balisacan said that reviewing the amended BOT Law IRR would address the issues raised... continue reading

Balisacan urges bigger private sector role in employment, infrastructure

Balisacan urges bigger private sector role in employment, infrastructure

MANILA, Philippines—The country’s chief economist on Friday (Aug. 19) urged the private sector to play a bigger role in job creation and infrastructure development to help the economy sustain high growth. “We see the private sector playing a significant role in bringing in the necessary investments that will lead to high-quality job creation, increasing the... continue reading

NEDA: PPP can maximize demographic dividend with more higher-quality jobs

NEDA: PPP can maximize demographic dividend with more higher-quality jobs

MANILA – Getting the private sector to invest further in the Philippines can help the country maximize the “demographic dividend” it now enjoys, Socioeconomic Secretary Arsenio Balisacan said on Friday. “The country is entering what we call the demographic dividend, in recent years, the working age population is growing faster than the total population. What... continue reading

Government eyes review of BOT Law IRR next month

Government eyes review of BOT Law IRR next month

MANILA, Philippines — The National Economic and Development Authority (NEDA) is hopeful the review of the implementing rules and regulations (IRR) of the Build-Operate-Transfer (BOT) law can begin by next month. “We have already received the President’s directive to review the IRR of the BOT law. We are presently awaiting the convening of the committee... continue reading

PH banks on PPPs for better infra, jobs

PH banks on PPPs for better infra, jobs

The Marcos administration is banking on public-private partnership (PPP) projects for the creation of more and higher-quality jobs as well as upgrading the country’s infrastructure. In his speech at the 2022 Economic Journalists Association of the Philippines-San Miguel Corp. Economic Forum in Manila yesterday, Balisacan said PPPs will be used to address the binding constraints... continue reading

Amendment to PPP rules and regulations pushed

Amendment to PPP rules and regulations pushed

Finance Secretary Benjamin Diokno said that the government is planning to amend the implementing rules and regulations (IRR) of the Build-Operate-Transfer (BOT) Law to improve the investment climate and attract more private investors to undertake Public-Private Partnerships (PPP) for the Marcos administration’s infrastructure program. “We are planning to, in fact, amend some of the provisions... continue reading

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