Republic of the Philippines

Public-Private Partnership Center

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PPP in the News

ADB, Australia Back PPP Agenda

ADB, Australia Back PPP Agenda

June 3, 2012, Yahoo News CLARK FREEPORT, Pampanga – A wave of infrastructure and services delivery projects is underway in the country as the Asian Development Bank (ADB) and the Government of Australia provided some $15.5-million (P666-million) fund to help sustain the momentum of the Philippines’ Public-Private Partnership (PPP), the National Economic Development Authority (NEDA)... continue reading

Noy invites Brits to invest in PPP, have fun in Phl

Noy invites Brits to invest in PPP, have fun in Phl

June 7, 2012, Philstar LONDON (via PLDT) – President Aquino and British Prime Minister David Cameron have agreed to enhance bilateral economic cooperation and turn the Philippines and United Kingdom into tourism gateways in Asia and Europe. “Both leaders expressed their shared hopes for enhancing the state of governance in order to reduce poverty and... continue reading

China giant eyes $1.3-B LRT 1 extension

China giant eyes $1.3-B LRT 1 extension

June 11,2012, abs-cbnnews.com MANILA, Philippines – China’s biggest railway builder and operator has expressed interest in building the $1.3-billion LRT Line 1 South Extension project under President Aquino’s flagship Public-Private Partnership Program (PPP). Ecorail Transport Services Inc., the original proponent for the construction of the LRT-1 Extension project, said its foreign partner, China Railway Construction... continue reading

Aquino’s Visit: An Opportunity to Further Boost the U.S.-Philippine Alliance

Aquino’s Visit: An Opportunity to Further Boost the U.S.-Philippine Alliance

June 7, 2012, cogitasia.com Philippine president Benigno Aquino is in the United States for a visit that will include his first Oval Office meeting with U.S. President Barack Obama. Aquino’s trip caps a revitalization of the U.S.-Philippine alliance that has been occurring over the past few years. While the Philippines is the oldest of the... continue reading

Shell mulls $1 billion new investments in PH

Shell mulls $1 billion new investments in PH

June 8, 2912, abs-cbnnews.com LONDON – Oil industry giant Pilipinas Shell Petroleum Corp. may increase its investments in the Philippines by as much as $1 billion, Finance Secretary Cesar Purisima said here on Wednesday. In a statement, Shell said it signed a deal with the Philippine government for a joint technical feasibility study of the... continue reading

Credit rating upgrade likely in 3 to 6 months — Barclays

Credit rating upgrade likely in 3 to 6 months — Barclays

June 7, 2012, BusinessWorld AT LEAST one global credit rating agency might upgrade the Philippines in the next three to six months to catch up with Fitch Ratings that presently rates the Philippines a notch below investment grade, according to UK-based bank Barclays. We believe the Philippines’ sovereign credit rating is firmly on a positive... continue reading

Belle unit to revive cement plant venture

Belle unit to revive cement plant venture

June 7, 2012, Inquirer.net APC Group Inc., an energy and mining holding firm affiliated with Belle Corp., plans to revive a $200-million cement manufacturing project in Cebu given the infrastructure-building activities triggered by the government’s public-private partnership projects. APC chairman and president Willy Ocier said during the company’s stockholders’ meeting on Wednesday that the revival... continue reading

PPP Major Investment Magnet – WB

PPP Major Investment Magnet – WB

June 6, 2012, Manila Bulletin World Bank (WB) Chief Economist for East Asia and the Pacific Bert Hofman stressed that the Philippine government’s public-private partnership (PPP) program can play a major role as more investments in infrastructure can create the jobs and income for the people’s needs. He noted that preparing PPPs for bidding takes... continue reading

UK assures Philippines of more investments

UK assures Philippines of more investments

June 7, 2012, Inquirer.net LONDON—British Prime Minister David Cameron on Wednesday assured President Benigno Aquino of his government’s continued support for the Philippines’ public-private partnership program (PPP) and said he looked forward to more British companies investing in the country. Cameron received Mr. Aquino at No. 10 Downing Street Wednesday morning. It was the last... continue reading