Republic of the Philippines

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PPP in the News

NEDA approves LRT-1 extension, 11 other projects

NEDA approves LRT-1 extension, 11 other projects

Source:  Business World, 23 March 2012 TWELVE PROJECTS that include a public-private partnership (PPP) deal pushed by the Transportation department have been approved by the National Economic and Development Authority (NEDA) board chaired by President Benigno S. C. Aquino III. “Twelve projects were approved; one was remanded for more details,” Socioeconomic Planning Secretary Cayetano W.... continue reading

Neda OKs P133-B projects

Neda OKs P133-B projects

Source:  Business Mirror, 23 March 2012 THE National Economic and Development Authority (Neda) Board, in its first meeting for the year, approved on Thursday a total of 12 projects worth P133 billion. Neda Director General Cayetano W. Paderanga Jr., in a telephone interview, said the projects include the Light Rail Transit (LRT) Line 1 South... continue reading

Neda OKs P133-B projects, including LRT 1 extension

Neda OKs P133-B projects, including LRT 1 extension

Source:  ABS-CBN News, 23 March 2012 MANILA, Philippines – The National Economic and Development Authority (Neda) Board, in its first meeting for the year, approved on Thursday a total of 12 projects worth P133 billion. Neda Director General Cayetano W. Paderanga Jr., in a telephone interview, said the projects include the Light Rail Transit (LRT)... continue reading

GT Capital eyes Bohol airport project under PPP

GT Capital eyes Bohol airport project under PPP

Source:  Philippine Star, 23 March 2012 MANILA, Philippines – The family of banking tycoon George S.K. Ty is eyeing in the privatization and operation of the Bohol airport under the government’s Public-Private Partnership (PPP) framework in line with its strategy to seize long-term profitable business opportunities in key sectors of the economy. The Ty family, through GT Capital... continue reading

PPP to boost land prices

PPP to boost land prices

Source:  Malaya Business Insights, 22 March 2012   Real estate advisory firm CB Richard Ellis (CBRE) Philippines is expecting the government’s public-private partnership (PPP) to spur the growth of the property sector in the country, saying that it will boost land prices in areas covered by the PPP program. In its recent Metro Manila market... continue reading

BOI Pursues Joint Investment Fund

BOI Pursues Joint Investment Fund

Source:  Manila Bulletin,  21 March 2012   MANILA, Philippines — The Board of Investments is pursuing talks for the $1.5-billion investment funds from Qatar and Kuwait, which have expressed interest to invest in the country’s various sectors including food, security, property, tourism, energy and the Public-Private Partnership (PPP) projects. The investment fund being finalized by... continue reading

Cordillera roads up for public-private tie-up

Cordillera roads up for public-private tie-up

Source: Sun Star Baguio, 21 March 2012   ROADS connecting the Cordilleras to the lowlands will soon be opened up for public-private partnerships (PPP), one of the flagship programs of the Aquino administration. The operation and maintenance of Kennon Road and Marcos Highway spanning some 81 kilometers are now being identified by the National Government... continue reading

PHL economy to grow 4.2% this year, says Singapore’s DBS

PHL economy to grow 4.2% this year, says Singapore’s DBS

Source: GMA News Online, 20 March 2012   Philippine output or gross domestic product will grow 4.2 percent this year and 5.2 percent in 2013, largely on higher government spending low interest rates, Singapore’s DBS Bank Ltd. said in a report Tuesday. Poor global demand and insufficient domestic demand have turned 180 degrees, DEB economist... continue reading

Transparency leads to competitiveness

Transparency leads to competitiveness

Source:  Philippine Daily Inquirer By Guillermo M. Luz Over the last year, we advocated that transparency can lead to competitiveness and that good governance is good for the economy. Our basic hypothesis is that transparency and good governance basically build trust in an economy and society. Trust creates some benefits, among them the ability to... continue reading

DFA chief makes a pitch for PPP projects to Russian investors

DFA chief makes a pitch for PPP projects to Russian investors

Source:  PhilConstruct, Inc 20 March 2012   Department of Foreign Affairs Secretary Albert Del Rosario urged Russian investors to invest in public-private partnership (PPP) projects in the Philippines during the 35th anniversary celebration of the Philippine-Russia diplomatic relations. Del Rosario met with Russian Foreign Minister Sergey Lavrov in Moscow from March 12 to 14 to make... continue reading