Republic of the Philippines

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Gov’t notes anew Chinese interest in priority projects

Gov’t notes anew Chinese interest in priority projects

Source:  Business World THE GOVERNMENT has noted anew interest by Chinese firms to participate in priority infrastructure projects lined up under the government’s public-private partnership (PPP) program. Representatives of some companies under the China International Contractors Association, which is said to have 1,300 members from that country’s international contracting and labor sectors, were “very interested”... continue reading

P-Noy to meet executives of top 4 firms in Brunei

P-Noy to meet executives of top 4 firms in Brunei

Source:  Philippine Star Brunei, Darussalam – Aside from enhancing bilateral ties, President Aquino will be meeting with top executives of the four biggest companies here, in an effort to entice foreign investors to pour investments in the Philippines through Public- Private Partnerships. The 53-man official delegation will be welcomed by Amb. Nestor Ochoa when they... continue reading

DOT targets 38M local, foreign tourists by 2016

DOT targets 38M local, foreign tourists by 2016

Source:  ABS-CBN News MANILA, Philippines – Tourism Secretary Alberto Lim has lined up key infrastructure projects, among which, are the construction of more international airports and the development of new travel and flight destinations to rev up the local tourism industry as he bared on Monday the country’s new medium-term tourism development plan. The Department... continue reading

Foundation interested to bid for Metro railway contracts

Foundation interested to bid for Metro railway contracts

Source:  Business Mirror ANOTHER bidder has been added to the list of entities participating in the July 11 auction for the operation and management (O&M) bid contract of two railway systems in Metro Manila. According to Transportation Undersecretary Glicerio Sicat, the 16th bidder is Gracia Y Caridad Ministry Foundation. “It is represented by [a] Mr.... continue reading

PPP projects’ bidding on track

PPP projects’ bidding on track

Source: Manila Bulletin MANILA, Philippines — The Department of Finance (DoF) said that the Aquino administration is on track with its plan to bid out 10 infrastructure projects this year as part of its Public-Private Partnerships (PPPs) initiative. Finance Secretary Cesar V. Purisima said in a televised interview with ANC that the first project under... continue reading

Philippines’ President Aquino Visits Thailand to Bolster Relations

Philippines’ President Aquino Visits Thailand to Bolster Relations

Source:  New Tang Dynasty (NTD) Television Philippine president Benigno Aquino arrived in Thailand on Thursday for a two-day official visit. He met with Prime Minister Abhisit Vejjajiva. On the agenda were bilateral trade and investment, as well as the two countries’ respective roles in the Association of Southeast Asian Nations, commonly known as ASEAN. They... continue reading

Phl woos China investments in $12-B transport deals

Phl woos China investments in $12-B transport deals

Source:  Philippine Star Manila, Philippines – The Philippines has presented to Chinese and international contractors a $12.1-billion transport sector infrastructure development project under the administration’s Public-Private Partnership (PPP) program. The Philippine embassy in Beijing reported that Public Works and Highways Secretary Rogelio Singson had told a gathering of Chinese and international contractors in Beijing of major opportunities in... continue reading

BDO Unibank keen on financing PPP projects

BDO Unibank keen on financing PPP projects

Source:  GMA News Online Banco de Oro Unibank Inc. (BDO) on Friday said it is keen on funding public-private partnership (PPP) projects as the government hits the ground running to implement the program in the next few months. The rollout of the initial PPP projects will also boost its 2011 growth as contractors seek funding... continue reading

Aquino strengthens ties with Thailand

Aquino strengthens ties with Thailand

Source:  Manila Bulletin BANGKOK, Thailand – Injecting fresh momentum into bilateral relations between the Philippines and Thailand, President Aquino arrived here Thursday for a two-day visit seeking to broaden cooperation on trade, investment, anti-drug trafficking, and disaster management. The President touched down in Bangkok past Thursday noon for an official visit upon the invitation of... continue reading

Aquino to seek Thai investment

Aquino to seek Thai investment

Source:  Manila Bulletin BANGKOK, Thailand – President Aquino embarks on a two-day official visit Thursday in Thailand to bolster economic and security relations and attract more investments in the country. The President, who is expected to arrive in the Thai capital before 1 p.m. Thursday, is scheduled to meet with Thai Prime Minister Abhisit Vejjajiva... continue reading