Public-Private Partnership Center

25 September 2012, Rappler.com by Katherine Visconti   MANILA, Philippines – The country’s largest commercial banks are seeking to pool funds for a US$1 billion credit facility for big-ticket infrastructure projects under the Aquino government. At a gathering of bankers, investors, government officials and other stakeholders in Makati on Tuesday, September 25, top officials of... continue reading

24 September 2012, Rappler.com   MANILA, Philippines – The bidding for the P60-billion rail project that will connect Cavite and capital Manila is slated for April 2013 while the start of construction is in January 2014. On Monday, September 24, President Aquino himself announced these target schedules for the bidding of the design, construction, and... continue reading

24 September 2012, Business World Online by Siegfrid Alegado   THE SUBMISSION of pre-qualification bids for the Ninoy Aquino International Airport (NAIA) Expressway project was moved to next week from today, a Cabinet official said, following requests for extension by participating foreign firms. “We have moved the submission of pre-qualification bids on the NAIA Expressway... continue reading

23 September 2012, Business World Online   The International Finance Corp. (IFC) is aiming to invest up to $300 million in the Philippines next year with a particular focus on infrastructure, financial markets and manufacturing. “[R]ight now, $200-300 million is what we’re looking at normally for lending. For the Philippines, that’s something we can sustain,”... continue reading

24 September 2012, The Philippine Star by Iris Gonzales   The no-nonsense executive director of the government’s Public-Private Partnership (PPP) Center said the Aquino administration’s PPP projects are structured the way PPP should be, with the government having learned tough lessons from the mistakes of the past. She said that if there is an apparent... continue reading

23 September 2012, Rappler.com by Judith Balea   Is the Philippines’ high economic growth sustainable? Businessman Jaime Augusto Zobel de Ayala, who heads the country’s oldest conglomerate, Ayala Corp, believes so. “Yes, [it is] very much [sustainable]. There are steps being taken by the Philippine government to lead to sustainability,” he told Rappler CEO Maria... continue reading

22 September 2012, Manila Standard Today   The Department of Public Works and Highways has entered into a memorandum of understanding with Korea Expressway Corporation for knowledge and experience exchange programs which aims to promote mutually beneficial relationship for the economic development by sharing technologies and experiences of planning, building and managing road network of... continue reading

  [vsw id=”oQFHFGgTFs0″ source=”youtube” width=”425″ height=”344″ autoplay=”no”] MANILA, Philippines – President Aquino has approved a public-private partnership project worth P6.5 billion as part of government’s efforts to reform its health care system. Health Secretary Enrique Ona said the project will help improve the Philippine Orthopedic Center, one of the country’s tertiary specialty hospitals. Ona sai... continue reading

20 September 2012, Business World Online by Diane Claire Jiao   THE PHILIPPINES saw healthy investor interest in its public-private partnership (PPP) program during the roadshow it held in Australia last week, a Cabinet official said. “A lot of companies are interested, especially those with investment funds that specialize in infrastructure. A number of big... continue reading

21 September 2012, The Philippine Star by Iris Gonzales   The Aquino administration’s Public-Private Partnership (PPP) program for infrastructure continues to attract strong interest among foreign investors, Finance Secretary Cesar Purisima said yesterday. He said Australian investors have expressed interest in participating in the different infrastructure projects lined up by the government. “A lot of... continue reading