PPPC wins IJGlobal 2014 Asia Pacific Awards' Grantor of the Year

The Public-Private Partnership (PPP) Center of the Philippines emerged as winner in the annual IJGlobal Asia Pacific Awards 2014 held at Singapore last March 24. It was recognized as Asia Pacific Grantor of the Year, in recognition of its role as a government body that advises awarding authorities on the procurement of infrastructure projects.

IJGlobal Infrastructure Journal and Project Finance Magazine recognizes excellence, achievement and innovation in energy and infrastructure finance. It also honors excellence of market participants by naming outstanding public and private sector players in the region.

The awarding body is composed of industry leaders in the various areas of international infrastructure finance.

This is the second international award bagged by the PPP Center after winning last year’s Best Central/Regional Government PPP Promoter of the UK-Based Partnerships Bulletin. For 2015, the PPP Center is shortlisted again for the said category. Two projects, the PPP for School Infrastructure Project (PSIP) Phase II and Automatic Fare Collection System (AFCS) Project, have also been shortlisted as Best Education Project and Best Transit Project, respectively.

“We feel very honored to receive this international recognition. This reflects the hardwork and efforts of our institution as the main driver of Public-Private Partnership program in the country”, PPP Center Executive Director Cosette V. Canilao said.

“This recognition will serve as our inspiration to continuously produce well-structured PPP infrastructure and development projects that will sustain the interest and participation from the private sector”, Executive Director Canilao added.

The government has already awarded nine PPP projects since 2010 with a total indicative cost of Php 136.37 billion which are the Daang Hari-SLEX Link Road Project, PPP for School Infrastructure Project (PSIP) Phase I, NAIA Expressway (Phase II), Project PPP for School Infrastructure Project (PSIP) Phase II, Modernization of the Philippine Orthopedic Center (MPOC) Project, Automatic Fare Collection System (AFCS) Project, Mactan-Cebu International Airport (MCIA) Passenger Terminal Building Project, LRT Line 1 Cavite Extension and Operation & Maintenance and Integrated Transport System-Southwest Terminal Project.