Republic of the Philippines

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PPP in the News

Business groups await result of LRT-MRT project review

Business groups await result of LRT-MRT project review

July 10, 2o11,  BusinessWorld Online THE DECISION of newly appointed Transportation Secretary Manuel A. Roxas III to review the P15-billion project involving the operation and maintenance of Light Rail Transit 1 (LRT-1) and Metro Rail Transit 3 (MRT-3) has not turned off prospective investors, according to leaders of two business groups. The contract for the... continue reading

NEDA: 7-8% economic growth target in next 5 years achievable

NEDA: 7-8% economic growth target in next 5 years achievable

July 9, 2011, Manila Bulletin The National Economic and Development Authority (NEDA) has said it is optimistic that the 7-8 percent economic growth target in the next five years is achievable. “The 7 percent to 8 percent GDP growth is still our target in the next five years. We hope the increase in investment will... continue reading

Guv’s CONBUSAC trip worth a textbook in Philippine PPP

Guv’s CONBUSAC trip worth a textbook in Philippine PPP

July 10, 2011, The Bohol Standard Gov. Edgar Chatto sealed linkages with overseas Boholanos in a stroke fundamental to and worthy of a Bohol textbook in Philippine public-private partnership (PPP) policy.He also tied up with purely foreign public institutions and private groups and companies on possible program exchanges, investments and job generation. Greater momentum of... continue reading

Davao biz group wants ordinance on private-public partnership

Davao biz group wants ordinance on private-public partnership

July 9, 2011 MindaNews The Davao City chamber of Commerce and Industry Inc. urged the city government to enact an ordinance that would pave the way for a private-public partnership in addressing economic and social development concerns such as the perennial flooding problem and the relocation of informal settlers. Chamber president Dr. Maria Lourdes Monteverde... continue reading

7-8 percent growth still target in next 5 years, says NEDA

7-8 percent growth still target in next 5 years, says NEDA

July 11, 2011, Interaksyon.com   The National Economic and Development Authority (NEDA) has said it is optimistic that the 7-8 percent economic growth target in the next five years is achievable. “The 7 percent to 8 percent GDP growth is still our target in the next five years. We hope the increase in investment will... continue reading

PPP auction halted

PPP auction halted

July 8, 2011, BusinessWorld Online A REVIEW of the first public-private partnership (PPP) project offered by the government could end up with the deal being taken off the auction block, a Cabinet official yesterday indicated. Newly-appointed Transportation Secretary Manuel A. Roxas II told a radio station that his plan to review all deals in the... continue reading

Metro Pacific raises P8.64B to finance infrastructure projects

Metro Pacific raises P8.64B to finance infrastructure projects

July 8, 2011, Inquirer.net INFRASTRUCTURE HOLDING firm Metro Pacific Investments Corp. has raised P8.64 billion in fresh funds for its expansion program from the sale of shares through a “top-up” private placement. MPIC sold 2.4 billion shares at P3.60 each to investors in Asia, Europe and the United States in a stock placement managed by... continue reading

Bidding for NAIA Expressway phase II set for January 2012

Bidding for NAIA Expressway phase II set for January 2012

July 6, 2011, ABS-CBN News The bidding for the P10.6-billion Ninoy Aquino International Airport (NAIA) Expressway Phase II under the Public Private Partnership (PPP) is scheduled for January next year. The NAIA Expressway Phase II is one of the first PPP projects that is up for bidding because the detailed engineering for the project is... continue reading

3 PPPs still awaiting Neda Board OK

3 PPPs still awaiting Neda Board OK

July 5, 2011, ABS-CBN News After more than six months, the first five Public-Private Partnership (PPP) Projects have yet to be bid out and three projects have not been confirmed by the National Economic and Development Authority (Neda) Board. In an interview, Neda Director General Cayetano Paderanga Jr. said two of the remaining three projects... continue reading

Investments said crucial to enable economy to hit gov’t ‘fighting target

Investments said crucial to enable economy to hit gov’t ‘fighting target

July 3, 2011 , BusinessWorld INVESTMENTS have a key role to play in enabling economic growth to hit the government’s 7%-8% “fighting target,” a ranking central bank official told reporters late last week. Noting that robust consumer spending has been a pillar of economic growth, Bangko Sentral ng Pilipinas (BSP) Deputy Governor Diwa C. Guinigundo... continue reading