Republic of the Philippines

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PPP in the News

Philippines to spend P141.8B on infrastructure to reverse economic slowdown

Philippines to spend P141.8B on infrastructure to reverse economic slowdown

Source: Philippine Star, 3 January 2012   MANILA (Xinhua) — The Philippines has announced that it would spend a total of 141.8 billion pesos (1 U.S. dollar equals to 43.75 pesos) on infrastructure projects  this year in a bid to reverse the economic slowdown experienced in 2011. In a statement, Budget Secretary Florencio Abad said... continue reading

DFA: PHL embassies promote PPP projects

DFA: PHL embassies promote PPP projects

Source:  Business Mirror, 28 December 2011 DIPLOMATIC posts continue to engage foreign governments and businesses in promoting public-private partnership (PPP) projects in the Philippines that would facilitate trade and investments, Foreign Secretary Albert del Rosario said. Del Rosario said the Department of Foreign Affairs (DFA), through foreign-service posts, now coordinate with the Department of Trade... continue reading

City launches catch-up projects until 2016

City launches catch-up projects until 2016

Source: SunStar Iloilo. 28 December 2011 THE Iloilo City Government is launching major catch-up infrastructure projects before the term of President Benigno Aquino III ends in 2016 by finding partners for its several public private partnership (PPP) ventures. City Mayor Jed Patrick Mabilog said the major projects are on top of several road infrastructures currently on... continue reading

ANGARA PUSHES FOR LAW TO BOOST PPP’S IN PHL

ANGARA PUSHES FOR LAW TO BOOST PPP’S IN PHL

Senate of the Philippines Press Release December 27, 2011 Senator Edgardo J. Angara is pushing for a measure that will boost private sector investment in the country by filling the gaps in the present Build and Operate Transfer (BOT) Law (Republic Act 7718). Angara has filed Senate Bill No. 3090, entitled “An Act Enhancing the... continue reading

Qatar eyes $1-billion investments in PH

Qatar eyes $1-billion investments in PH

Source:  ABS-CBN News, 27 December 2011 MANILA, Philippines – The oil-rich state of Qatar is ready to invest up to $1 billion mainly for infrastructure projects in the Philippines, a ranking official of the Department of Trade and Industry (DTI) said yesterday. In an interview, Trade Undersecretary Cristino Panlilio said they are in talks with... continue reading

PPP to create additional jobs

PPP to create additional jobs

Source: Manila Bulletin, 27 December 2011 Rosy employment picture in 2012 MANILA, Philippines — Employers expect better employment picture in 2012 on back of the implementation of some of the huge projects under the Public Private Partnership (PPP) program, the flagship infrastructure development program of the Aquino government. Edgardo B. Lacson, president of the Employers... continue reading

Employment picture rosy next year: ECOP

Employment picture rosy next year: ECOP

Source: Malaya Business Insight, 26 December 2011   THE Employers Confederation of the Philippines (ECOP) sees the employment picture in 2012 to be rosy as the government’s public-private partnership (PPP) projects come on stream. But ECOP continues to clamor for a two-tier minimum wage setting that is based on productivity. In an interview, ECOP president... continue reading

River project to be finished before Aquino term ends

River project to be finished before Aquino term ends

Source: Sunstar Iloilo, 23 December 23, 2011 THE first large-scale reservoir dam outside Luzon area will be completed in the province of Iloilo before the term of President Benigno Aquino III ends in June 2016. This was assured by Senator Franklin M. Drilon to the Ilonggos after the detailed engineering design and preparatory works started... continue reading

All Clark projects are for bidding, no unsolicited offers – BCDA

All Clark projects are for bidding, no unsolicited offers – BCDA

Source: Manila Bulletin, 19 December 2011   MANILA, Philippines — The Bases Conversion and Development Authority (BCDA) has made it clear that all its infrastructure and development projects in Clark will be conducted through competitive public bidding and not through the unsolicited mode. “Whether it is an infra or development project in Clark, we are... continue reading

Government sees P832B worth of infra projects for implementation in 2012: Neda

Government sees P832B worth of infra projects for implementation in 2012: Neda

Source: Business Mirror, 15 December 2011   MANILA, Philippines – The government estimates that infrastructure projects to be undertaken next year will amount to around P832 billion, according to the National Economic and Development Authority (Neda). Neda Director General Cayetano W. Paderanga Jr. told reporters that these projects are part of the still-to be published... continue reading