The Public-Private Partnership (PPP) Center, together with the National Economic and Development Authority (NEDA), served as a key resource institution in the Bangko Sentral ng Pilipinas’ (BSP) three-day training on Project Evaluation of Public Sector Projects held on July 9 and 10, 2024, online via Zoom, and July 11, 2024, onsite at the BSP Assembly Hall, BSP Complex, Malate, Manila.
The training is organized as part of BSP’s year-long celebration of the 75th Anniversary of Central Banking in the Philippines, and BSP’s 31st Anniversary.
The PPP Center, along with NEDA and the Department of Finance, serves as one of the evaluating units assisting the NEDA Board-Investment Coordination Committee (ICC) in evaluating PPP projects for approval. In this training, the Center’s resource persons shared their knowledge and expertise in the process of identifying and evaluating PPP projects.
Director Feroisa Francisca T. Concordia of the PPP Center Capacity Building and Knowledge Management Service presented an overview of the Philippine PPP Program, PPP concepts, PPP institutions and the PPP Center’s mandate to assist and capacitate implementing agencies. This was followed by the discussion of Engr. Nathaniel C. Cachero, Project Development Officer of the Center’s Project Development Service, on key considerations in identifying, selecting, and prioritizing PPP projects, as well as the process to be undertaken for PPP projects requiring NEDA Board and/or ICC approval.
Meanwhile, Policy Formulation, Project Evaluation, and Monitoring Service Project Evaluation Officer, Ms. Silahis Frida R. Corpuz, discussed and facilitated a short exercise on the Value for Money Analysis assessment of PPP Projects.
The training gathered a total of one hundred participants consisting of technical, legal, and administrative officers and personnel from BSP, the Office of the President, and select national government agencies including the Department of Agriculture, Department of Budget and Management, Department of Energy, Department of Environment and Natural Resources, DOF, Department of Information and Communications Technology, Department of Public Works and Highways, Department of Transportation, Department of Trade and Industry, NEDA, and the PPP Center.
This on-demand capacity building request is in line with the PPP Center’s capacity building mandate to disseminate information to national and local implementing agencies, the private sector, and other relevant stakeholders on PPPs, and to provide guidance on the updated process, requirements, and roles of national and local government bodies in undertaking PPP projects under the new legal framework.