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PPP in the News

Largest infra fund in talks with firms interested in PPP

Largest infra fund in talks with firms interested in PPP

26 September 2012, The Philippine Star by Prinz Magtulis   Managers of the country’s largest infrastructure fund is in talks with firms interested in bidding for public-private partnership (PPP) projects for possible tie-ups and collaborations, an official said yesterday. “We have few projects where we signed MOUs (memorandum of understanding) and term sheets…, some of... continue reading

Banks Pooling $1B For PPP

Banks Pooling $1B For PPP

26 September 2012, Manila Bulletin by Joann Santiago   Philippine banks can pool funds of up to US$1 billion to finance projects under the public private partnership (PPP) initiative of the Aquino administration, according to Banco de Oro chair Tessie Sy-Coson. Addressing the opening of the 2012 Philippine Energy & Infrastructure Business Meeting on Tuesday... continue reading

Australia’s Macquarie placing $600M in PHL’s PPP projects

Australia’s Macquarie placing $600M in PHL’s PPP projects

GMA News, 25 September 2012 One of the world’s largest financial services companies is investing up to $600 million to finance infrastructure projects under the Aquino administration’s public-private partnership program. Sydney, Australia-based Macquarie Group said the fund allotted to the Philippines is more or less on a par with the $1.2 billion the group placed... continue reading

Tourism key to unlocking Philippines future

Tourism key to unlocking Philippines future

26 September 2012, Market Watch by Virginia Harrison   MANILA (MarketWatch) — The Philippines enjoys a reputation as home to the happiest people on earth. People rather than products have cemented the nation’s place as one of Asia’s rising economic stars. The Philippines has overtaken India as the world leader in call-center outsourcing work, a... continue reading

Gov’t to bid out LRT 1 extension to Dasmarinas separately

Gov’t to bid out LRT 1 extension to Dasmarinas separately

25 September 2012, InterAksyon.com by Darwin Amojelar   The government will bid out the extension of the Light Rail Transit Line 1 to Dasmarinas, Cavite separately, an official of the Department of Transportation and Communications said on Tuesday. “By the third quarter of next year, we will bid out the LRT Line 1 extension up... continue reading

Macquarie has P26-B equity fund for PHL infra projects

Macquarie has P26-B equity fund for PHL infra projects

25 September 2012, Business Mirror by Lenie Lectura   The Macquarie Group of Companies, one of the interested bidders for the P60-billion Light Rail Transit (LRT) Line 1 Cavite Extension Project, said it has as much as $600 million, roughly P26 billion, in equity fund that could be spent for Philippine infrastructure projects. “We are... continue reading

Bidding for Orthopedic Center scheduled in October – DOH

Bidding for Orthopedic Center scheduled in October – DOH

25 September 2012, InterAksyon.com by Ben Arnold De Vera   The Department of Health next month will begin the bidding for the construction of the new Philippine Orthopedic Center in Quezon City under the government’s Public-Private Partnership initiative. Health Undersecretary Teodoro Herbosa on Tuesday said the invitation to bid for the hospital’s P5.6-billion modernization will... continue reading

DOH Usec: PPP funding critical to improvement of 25 gov’t hospitals

DOH Usec: PPP funding critical to improvement of 25 gov’t hospitals

GMA Network, 25 September 2012   Public-Private Partnership (PPP) investments are critical to the rehabilitation and improvement of 25 ailing government-run hospitals, said an official of the Department of Health (DOH). “If the government alone were to handle the rehabilitation of these 25 hospitals, it [would] take us more than 25 years to do it... continue reading

Philippine banks can pool up to US$1B for PPP projects

Philippine banks can pool up to US$1B for PPP projects

SunStar.com, 25 September 2012 MANILA — Philippine banks can pool funds of up to US$1 billion to finance projects under the public private partnership (PPP) initiative of the Aquino administration, according to Banco de Oro chair Tessie Sy-Coson said. Sy-Coson said Philippine banks were willing to provide funding because “this is how much confidence we... continue reading

PPP Center drafting pipeline for 2013, 2014

PPP Center drafting pipeline for 2013, 2014

25 September 2012, Rappler.com by Cai Ordinario   MANILA, Philippines – The Public Private Partnership (PPP) Center is drafting the list of projects to be included in the pipeline for 2013 and 2014. In an interview at the sidelines of the 2012 Philippine Energy & Infrastructure Business Meeting on Tuesday, September 25, PPP Center Executive... continue reading