Public-Private Partnership Center

RULES implementing changes to the Commonwealth-era Public Service Act (PSA) have been released by the National Economic and Development Authority (NEDA), which expressed optimism that the lifting of foreign ownership limits would lead to increased investments. Republic Act (RA) 11659, which amended the PSA or 1939’s Commonwealth Act 146, was signed into law on March... continue reading

MANILA – Several big-ticket infrastructure projects in the transportation sector have been approved or are already being implemented by the administration of President Ferdinand R. Marcos Jr., the Department of Transportation (DOTr) reported Monday. In a statement, the DOTr said the Cebu Bus Rapid Transit Project, Davao Public Transport Modernization Project, EDSA Greenways, the Light Rail... continue reading

The National Economic and Development Authority (NEDA) has released the implementing rules and regulations (IRR) of the amended Public Service Act (PSA) that allows full foreign ownership of some Philippine businesses. Upon its effectivity, the amendments to the PSA shall enable the liberalization of key public services by allowing full foreign ownership of businesses in... continue reading

MANILA – The implementing rules and regulations (IRR) of Republic Act No. 11659 or the Amendments to the Public Service Act (PSA) will take effect this April 4 following the approval of an inter-agency group, including the National Economic and Development Authority (NEDA). The NEDA on Monday released the new rules on the liberalization of public... continue reading

“WE ARE still open to other potential investors for the bulk water supply project,” Negros Occidental Governor Eugenio Jose Lacson said. Lacson also denied reports that one of the interested investors in the provincial government’s bulk water supply project has backed out. The bulk water supply project is a priority project for the Lacson administration... continue reading

Thirty-four projects that the government will pursue in partnership with the private sector have been added to 13 public-private partnerships (PPP) projects started during the Duterte administration to account for a combined one-fourth of the Marcos administration’s P9-trillion pipeline of infrastructure flagship projects (IFPs) that was announced last week. Among the 34 “additional PPPs,” four... continue reading

The Department of Human Settlement and Urban Development (DHSUD) has lauded the local government unit of Bacolod City for initiating a housing program through a joint venture agreement with a private consortium for its informal settlers and those under the low income bracket constituents. The move, according to DHSUD Secretary Jose Rizalino Acuzar, made Bacolod... continue reading

MANILA, Philippines — The Marcos Jr. administration bared its P9-trillion flagship infrastructure program on Thursday, some of which will be funded by public-private partnership mode. The National Economic and Development Authority said in a statement on Thursday that the government plans to build 194 infrastructure projects. Of that figure, 123 projects were supposedly conceptualized by... continue reading

BACOLOD CITY – The city government here has tapped the Cainta, Rizal-based consortium of WRS Holdings Inc. and Scheirman Construction Consolidated Inc. (SCCI) to invest PHP2 billion for the development of up to 20,000 housing units in identified locations under a public-private partnership (PPP). Bacolod, the first local government unit in the country to implement the... continue reading

House Committee on Appropriations chairperson and Ako Bicol party-list Rep. Zaldy Co has expressed his elation over the interest shown by the business sector in the proposed establishment of UP-PGH Cancer Center. “We are elated that the UP-PGH Cancer Center PPP (public-private partnership) Project is moving forward through the Phase 2 process just several weeks... continue reading