The Philippines, through the Public-Private Partnership Center is hosting the 2nd Meeting of the Infrastructure Financing and Public-Private Partnership Network of Asia and the Pacific in collaboration with the United Nations Economic Social Commission for Asia and the Pacific (UNESCAP) and the China Public-Private Partnerships Center (CPPPC). The 3-day event will be held from August 7-9, 2019 at the Peninsula Manila.
Some 60 participants from different countries from the Asia-Pacific Region will come together to “advance the dialogue from the first network meeting last year and further engage the recommendations of the members on the role of the said Network, the establishment of a web portal and project pipeline, and how the Network can strengthen an Asia-Pacific platform of public authorities, financiers, and market stakeholders who plan and implement infrastructure financing projects.” UNESCAP said.
“The PPP Center is very pleased to partner with the UNESCAP and the China Public-Private Partnerships Center in hosting this meeting on PPPs in the Asia-Pacific Region. The Center is eager to share with the participants the Philippines’ experiences and lessons learned from developing and implementing a pipeline of viable and bankable PPP projects,” PPP Center Executive Director Ferdinand A. Pecson said.
The Philippines was chosen to host the second meeting on regional PPPs to showcase the achievements and successes of its PPP program. The Philippines ranks second in the top overall category for having a mature PPP environment garnering a score of 81%, according to the 2018 Infrascope Index Report of The Economist Intelligence Unit (EIU) of the London-based The Economist Group. Meanwhile, Thailand takes the top spot with 83%, while China ranked third with an 80% mark.
The UNESCAP meeting will also provide a venue for member countries to learn the best practices in developing and structuring PPPs, in creating a legal framework and in implementing and monitoring these projects.