Republic of the Philippines

Public-Private Partnership Center

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PPP in the News

Philippines seeks Aussie financing for priority infrastructure

Philippines seeks Aussie financing for priority infrastructure

June 15, 2011, Business World CANBERRA — The Philippines is seeking Australia’s help in launching public-private partnership (PPP) projects, in particular by providing financing, a Trade envoy said here on Wednesday. The joint statement to be issued at the conclusion of the Philippines-Australia Ministerial Meeting today will contain Manila’s request for support from the Australian... continue reading

Philippines, Australia out to cement ties

Philippines, Australia out to cement ties

Source:  BusinessWorld SYDNEY — Philippine and Australian officials will start a two-day meeting today to discuss trade and investments, development assistance, and defense and security matters as relations between the two nations deepen further under a regional trade deal. Foreign affairs and trade officials will also hold a dialogue with businessmen, including major investors in... continue reading

Citibank raising financing for PPP

Citibank raising financing for PPP

Source:  Manila Bulletin MANILA, Philippines — Citi (Citibank Philippines), the country’s largest and oldest foreign bank, is exploring power-generation and transportation projects listed under the Aquino government’s private-public partnership (PPP) program for potential fund raising either through corporate bonds or syndicated loans. “We’re interested in arranging financing,” said Citi Country Officer for the Philippines, Sanjiv... continue reading

RDC 2- IDC mulls on PPP orientation for chief executives, private sector

RDC 2- IDC mulls on PPP orientation for chief executives, private sector

June 13, 2011 PIA   To encourage both the private and public sector in adopting the public-private partnership or PPP scheme in the implementation of various development projects in the region, the Regional Development Council 2- Infrastructure Development Committee (RDC 2- IDC) is planning to conduct top management orientation on PPP Program. Gov. Luisa Lloren... continue reading

Schedules for PPP bidding on track; funding seen no problem

Schedules for PPP bidding on track; funding seen no problem

Source:   Manila Bulletin MANILA, Philippines — Trade Secretary Gregory L. Domingo said yesterday delays in the implementation of the Aquino government’s private-public partnership (PPP) program will not pose concerns to economic development since the bottomline is that schedules for PPP projects for bidding this year remain on track. Funding for these PPP projects, with... continue reading

Lawmaker suggests PPP for better prisons

Lawmaker suggests PPP for better prisons

June 13, 2011  InterAksyon As the Aquino government pushes for public-private partnership (PPP) in government infrastructure building, a lawmaker wants to look into the state of the country’s prisons, with a view to recommending reforms, including the option of relegating to private firms the construction, operation and maintenance of modern detention, correction and rehabilitation facilities.... continue reading

SSS keen on buying energy stocks

SSS keen on buying energy stocks

June 12, 2011  Philippine Daily Inquirer The state-run Social Security System plans to increase its investment in local equities, specifically eyeing a strategic position in power companies. In an interview, SSS president Emil de Quiros said the pension fund could still afford to increase its equity exposure by around 5 percent of P290 billion worth... continue reading

President Aquino vows graft-free Philippines

President Aquino vows graft-free Philippines

June 13, 2011, Inquirer News KAWIT, Cavite—Hoisting the national flag in the same town where revolutionaries proclaimed Philippine independence 113 years ago, President Benigno Aquino III promised Filipinos a country free from corruption and a nation no longer like “a paper boat drowning in a sea of lies and anomalies.” “The time to be ashamed... continue reading

Partnership forged for schools

Partnership forged for schools

June 13, 2011 Sun Star Cebu PRE-SCHOOL children in 12 barangays in Cebu will attend classes this year in brand-new classrooms constructed as a result of a public-private partnership. An agreement on the partnership was signed last May 26, 2011 in Pasig City by Department of Education (DepEd) Secretary Bro. Armin Luistro, Aboitiz Foundation President... continue reading

The Philippines celebrates 113th Independence Day anniversary with optimism for the future

The Philippines celebrates 113th Independence Day anniversary with optimism for the future

Source:  Arab News, June 12, 2011 The Philippines celebrates its 113th Independence Day anniversary today with optimism regarding the future. As the government mobilizes its forces to streamline operations, the country makes every effort to maintain cordial bilateral ties with other countries and be a contributing member of the world community. One task on hand... continue reading