Public-Private Partnership Center

ILOILO City – The redevelopment of Iloilo City’s Central and Super public markets will benefit their vendors, and also further improve the business activities in the peripheral areas of the market, according to Philippine Chamber of Commerce and Industry – Iloilo Chapter (PCCI-Iloilo) in its letter of support for the project. “These projects will increase... continue reading

The leadership of the House of Representatives on Monday backed the call of President Ferdinand “Bongbong” R. Marcos Jr. for local government units (LGUs) to enter into more partnerships with the private sector for their infrastructure and services development and expansion. Speaker Martin Romualdez, in news a statement, said engaging in public private partnerships (PPP)... continue reading

In line with the national government’s thrust to transform the Philippines through PPPs and collaboration between LGUs and the private sector, Iloilo City Mayor Jerry Trenas recently signed the lease agreement with SM Prime Holdings, Inc. for the redevelopment of the Central and Terminal Markets in the bustling Southern capital. SM is investing P1.5B to... continue reading

MANILA, Philippines — As mayors and governors now have the burdensome task of implementing programs and projects that otherwise should be done by agencies of the national government, President Ferdinand “Bongbong” Marcos Jr. called on local government units (LGUs) to be open to public-private partnership (PPP) as a mode of financing undertakings in their provinces,... continue reading

Department of the Interior and Local Government (DILG) Secretary Benjamin ‘Benhur’ Abalos Jr. urged local government units (LGUs) to initiate programs and projects based on the concept of public-private partnership (PPP). Abalos said LGUs can engage in a build-operate-transfer (BOT) agreement that can be incorporated in their ‘use in resource generation’ scheme. Abalos made the... continue reading

THE Japan International Cooperation Agency (JICA) said it is promoting the Philippines’s Public Private Partnership (PPP) projects to Japan-based firms while encouraging them to look into the viable market of the country. Takema Sakamoto, Chief Representative of JICA Philippines office, also said in a statement on Tuesday that Japan has donated relief goods to the... continue reading

ILOILO CITY – The Iloilo city government on Tuesday formally awarded the 25-year lease agreement for the redevelopment of its two public markets to SM Prime Holdings, Inc. (SMPHI) with an initial PHP3 billion investment that stands to benefit around 2,800 market vendors. Mayor Jerry P. Treñas, in his message, said the redevelopment of the... continue reading

The Marcos administration will review the latest guidelines, issued by its predecessor, for the amended Build-Operate-Transfer (BOT) Law to allay private sector concerns on its “antimarket” provisions. In an interview on Tuesday, Socioeconomic Planning Secretary Arsenio Balisacan said the revised implementing rules and regulations (IRR) issued by the Duterte administration for Republic Act No. 7718... continue reading

CEBU CITY, Philippines — Cebu City Mayor Michael ” Mike” Rama and Megawide Construction Corp. are set to sign the 15th City Council-approved supplemental memorandum of agreement (MOA) for the Carbon Public Market modernization this Saturday, July 30, 2022. Rama said that after the City Council passed the supplemental MOA during the final regular session... continue reading

BUILDING railways will make the Philippines a more inclusive country as mass transport provides the poor a means to reach more economic opportunities at a fraction of the cost, according to the National Economic and Development Authority (Neda). At the sidelines of the Post-State of the Nation Address (SONA) Economic Briefing, Socioeconomic Planning Secretary Arsenio... continue reading