Republic of the Philippines

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PPP in the News

P-Noy orders PPP review to ensure “Five Rs”

P-Noy orders PPP review to ensure “Five Rs”

Source: Business World   THE AQUINO ADMINISTRATION’S centerpiece infrastructure program could be headed for further delays as the president has directed his economic team to ensure that a proposed policy adjustment would have the “least cost” for the government. Palace spokesperson Edwin Lacierda told reporters yesterday that President Benigno S. C. Aquino III had asked... continue reading

Japan willing to participate in “hybrid PPP”

Japan willing to participate in “hybrid PPP”

Source: Philippine Star   MANILA, Philippines – The Japan International Cooperation Agency (JICA) is receptive about participating in the government’s public-private partnership (PPP) projects using a “hybrid” model, Transportation Secretary Manuel Roxas II said yesterday. Roxas, who just came from Japan with President Aquino, made the disclosure as he reported additional foreign funding from international donors through... continue reading

“Agropolis” to feed the cities

“Agropolis” to feed the cities

Source: Inquirer Business World food crisis seems to be more real than imagined. If one were to base it on increasing food prices (as a measure of scarcity), then this is what it is all about. The obvious question then is, how do we avert this food crisis and how do we feed the population especially those in... continue reading

BoI proposes easing of ownership caps

BoI proposes easing of ownership caps

Ownership caps to be tackled in negative list review Source: Business World AN EASING of ownership limits will be proposed by the Board of Investments (BoI) during an upcoming review of the Foreign Investment Negative List, a senior trade official said. “We are consulting with lawyers on the foreign ownership rules on construction with regard... continue reading

Philippines Scales Down Program to Offer Projects to Investors

Philippines Scales Down Program to Offer Projects to Investors

Source:  Bloomberg   Oct. 5 (Bloomberg) — The Philippines may offer at least two projects to investors under so-called public-private partnership starting this quarter, said Cosette Canilao, officer-in-charge of the program, scaling down a plan to provide 10 projects this year. “Planning these projects takes a great deal of time to ensure their success,” Canilao... continue reading

Japanese Bank Allocates Portion $5-B Of Fund For PPP Projects

Japanese Bank Allocates Portion $5-B Of Fund For PPP Projects

Source:  Manila Bulletin MANILA, Philipines — Bank of Tokyo-Mitsubishi UFJ, Ltd., one of Japan’s premier bank and one of the world’s largest in terms of assets, has committed to invest a portion of its $5 billion investment portfolio for the Philippines either through private placements or via the government’s Public-Private Partnership (PPP) projects. Board of... continue reading

Focus on infra, BPI prexy urges

Focus on infra, BPI prexy urges

Source:  Malaya THE government should focus on infrastructure building to capture a bigger share of foreign investment, Bank of the Philippines Islands president Aurelio Montinola III. Speaking at the sidelines of last week’s Quarterly Economic Briefing, Montinola, also head of the Bankers Association of the Philippines, said the country should become more attractive especially now... continue reading

Economic officials assure government to be on track

Economic officials assure government to be on track

Source:  Business World STATE ECONOMIC OFFICIALS assured investors in a briefing on Friday that the government remains committed to boosting spending and undertaking infrastructure buildup to prod gross domestic product (GDP) growth to a higher level. Speaking during the Philippine Economic Briefing at the Philippine International Convention Center in Pasay City, officials said government will... continue reading

DOTC to tap ODA funds for PPP projects

DOTC to tap ODA funds for PPP projects

Source:  Philippine Star   MANILA, Philippines – The Department of Transportation and Communications (DOTC) is tapping official development assistance (ODA) to finance the infrastructure development aspect of projects to be undertaken under the government’s Public-Private Partnership (PPP) program. The implementation of the PPP, the banner program of the Aquino administration and which was supposed to begin... continue reading

Govt to build all transport projects

Govt to build all transport projects

Source:  Manila Standard Today The Transport Department said Thursday it will build all its infrastructure projects and will not entertain proposals from the private sector to reduce cost. Transportation Secretary Manuel Roxas told reporters Thursday the agency would tap official development assistance loans to finance the projects and eventually privatize them. “We studied and reconfigured... continue reading