Republic of the Philippines

Public-Private Partnership Center

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PPP in the News

Historical Tourism

Historical Tourism

July 31, 2011, Manila Bulletin The Region 13 office of the Department of Tourism (DoT-13) disclosed that the first United States (US) World War II submarine surfaced in this town. Due to the significant event, DoT-13 officials suggested that this town should be declared as a “World War II Tourism Site.” As this developed, the... continue reading

Chatto allays fears of delays in Bohol airport plan

Chatto allays fears of delays in Bohol airport plan

July 31, 2011, InterAksyon.com Governor Edgar Chatto allayed fears the New Bohol Airport will hit another snag just because the President did not mention any update on the project and other top Public-Private Partnership (PPP) projects in the State-of-the Nation Address (SONA). Chatto said there is even no indication that the plan to transfer Mactan... continue reading

Boracay Water gets P500-M loan from DBP, Security Bank

Boracay Water gets P500-M loan from DBP, Security Bank

July 29, 2011, GMA News Online The Boracay venture of Manila Water Co. has secured a P500-million loan from two local banks, enabling the utility firm to service the entire island by 2014. The deal includes an option to raise the loan amount to P 1 billion. Boracay Water is a public-private partnership between Manila... continue reading

Bizman to Aquino: Implement more PPPs for regional development

Bizman to Aquino: Implement more PPPs for regional development

July 31, 2011, SunStar Businessman Rene Romero on Sunday called on President Benigno Simeon Aquino III to implement public-private partnership (PPP) agreements recommended by various Regional Development Councils (RDCs) to speed development in the regions. Romero said that though the business sector here is impressed by his anti-corruption drive, his administration should not forget the... continue reading

Higher infrastructure outlay programmed

Higher infrastructure outlay programmed

July 31, 2011, BusinessWorld Online INFRASTRUCTURE budgets for next year have been increased by the government in a bid to set the foundation for economic growth. “Rapid, inclusive and sustained economic development does not only require significant spending on public infrastructure. It also requires that these infrastructure projects and other activities are implemented in a... continue reading

Government proposes huge budget for inclusive growth

Government proposes huge budget for inclusive growth

July 31, 2011,  PhilStar To support rapid, inclusive and sustained economic growth, the administration of President Benigno Aquino III is proposing P438.9 billion ($10. 4 billion) for the economic services sector for 2012. This represents an increase of 21.3 percent over the sector’s P361.9-billion ($8.58 billion) budget for 2011, a senior government official said today. Budget and... continue reading

JG Summit Increases Public Float

JG Summit Increases Public Float

July 31, 2011, Manila Bulletin By creating four billion new preferred voting shares, JG Summit has raised its public float in the stock market to about 40 percent from 10 percent, according to JGS senior vice president for corporate planning and chief strategist Bach Johann Sebastian. The Securities and Exchange Commission (SEC) has approved the... continue reading

More Initiatives for Philippine Tourism

More Initiatives for Philippine Tourism

July 30, 2011, Tempo The government is stepping up its marketing strategy to draw in more tourists. The work includes the upgrade of airport facilities. It expects to finish the rehabilitation of the Ninoy Aquino International Airport 1 by November 15 this year. Public-private partnership (PPP), the core program of the Aquino Administration, is being... continue reading

New hybrid rice program gains wide acceptance

New hybrid rice program gains wide acceptance

July 31, 2011, Philippine Star The new hybrid rice program of SL Agritech Corp., called “Kayamanan sa Palayan,” which was launched by the firm last cropping season, is gaining wide acceptance among farmers in several municipalities and provinces, according to Henry Lim, the firm’s  chairman and chief executive officer. “’Kayamanan sa Palayan’ is our social... continue reading

City seeks private partners

City seeks private partners

July 30,2011, SunStar Baguio PUBLIC Private Partnership (PPP) ventures are being mulled by the City Government of Baguio on several of its sleeping assets. Mayor Mauricio Domogan said among city assets, which is a potential revenue earner is the Asin Mini-Hydro Electric Plant adding management and development of the property will be bidded out soon.... continue reading