Republic of the Philippines

Public-Private Partnership Center

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PPP agency looks to China for funding

PPP agency looks to China for funding

The Public Private Partnership Center signaled that China could be an important pillar in the development of infrastructure projects in the country. On the heels of the Duterte administration’s pivot to China, PPP Center executive director Ferdinand Pecson said they were also looking toward the world’s second-biggest economy for possible financial and technological support. “We... continue reading

US BPOs likely to stay in PH after Trump’s victory — NEDA

US BPOs likely to stay in PH after Trump’s victory — NEDA

MANILA, Philippines — There’s nothing to worry for the National Economic Development Authority (NEDA) speaking of whether the BPOs’, particularly American call centers, will stay foot in the country or be back in United States. President-elect Donald Trump frequently announces about his policy on how to pull-back US companies from different countries. NEDA said, what... continue reading

LRT-1 seeks proposals for marketing rights at EDSA station

LRT-1 seeks proposals for marketing rights at EDSA station

MANILA, Philippines – Light Rail Transit Line 1 (LRT-1) operator Light Rail Manila Corp. (LRMC) is seeking proposals for a program that would give certain marketing rights at the train system’s EDSA station. The consortium composed of Metro Pacific Investments Corp.’s Metro Pacific Light Rail Corp., Ayala Corp.’s AC Infrastructure Holdings Corp. and Macquarie Infrastructure... continue reading

Station partnership program for EDSA LRT-1

Station partnership program for EDSA LRT-1

Following business models in New York and Dubai, Light Rail Transit 1 (LRT-1) operator Light Rail Manila Corporation (LRMC) seeks proposals from public and private firms interested in integrating their brand identity with the railway stations under its Station Partnership Program. The initiative is being launched in tandem with the station refurbishment program underway across... continue reading

Gov’t reviews economic targets

Gov’t reviews economic targets

Economic managers will review macroeconomic assumptions for next year and the medium term, even as the country’s chief economist expects the Philippine economy to sustain robust growth in the fourth quarter. Socioeconomic Planning Secretary Ernesto M. Pernia told reporters Thursday night that he expects at least a 6.9-percent year-on-year expansion in the gross domestic product... continue reading

GDP growth in Q4 to hit 6.9%–Neda

GDP growth in Q4 to hit 6.9%–Neda

THE country’s GDP growth in the fourth quarter could be slower at 6.9 percent, due to external risks and the anemic economic growth of the country’s major trading partners, the National Economic and Development Authority (Neda) said. Socioeconomic Planning Secretary Ernesto M. Pernia recently told reporters that the slowdown in the growth of the US... continue reading

Ayala seen ready to bid for Naia PPP

Ayala seen ready to bid for Naia PPP

Conglomerate Ayala Corp. said it has finalized a consortium that would bid for the government’s next major airport public-private partnership (PPP) project, the operations and development of Manila’s Ninoy Aquino International Airport. Jose Rene Almendras, CEO of Ayala unit AC Infrastructure Holdings, said in a recent briefing that the company had agreed to tap three... continue reading

Ayala Group partners with 3 foreign firms for NAIA PPP bid

Ayala Group partners with 3 foreign firms for NAIA PPP bid

MANILA, Philippines – The infrastructure arm of Ayala Corp. has partnered with three foreign firms in preparation for its bid for the P74.6 billion redevelopment of the Ninoy Aquino International Airport (NAIA) under the public-private partnership (PPP) program. “The people who are joining us are coming with a particular core competency/expertise that can handle the... continue reading

Ayala forms group for NAIA bid

Ayala forms group for NAIA bid

The infrastructure arm of Ayala Group has formed a consortium with three international airport operators which would bid for the P74.6 billion Ninoy Aquino International Airport (NAIA) development project.. Jose Rene Almendras, AC Infrastructure Holdings Corp. president and chief executive officer, did not name the three but said “we have put together a consortium of... continue reading

Ayala, 3 foreign airline operators team up for NAIA PPP

Ayala, 3 foreign airline operators team up for NAIA PPP

‘The people who are joining us are coming from a particular core competency and expertise that can add to the project,’ says the president and CEO of AC Infrastructure Holdings Corporation MANILA, Philippines – Ayala Corporation, the country’s oldest conglomerate, formed a consortium with 3 foreign airline operators to bid for the P74.56-billion ($1.66-billion) deal... continue reading