As part of its intensified efforts to help develop and implement Public-Private Partnerships (PPPs) at the local level, the PPP Center is launching its Local Government Unit (LGU) PPP Strategy through an event entitled investPH: PPPs for Local Government Units at the ADB Headquarters on Monday, September 18.
The LGU Strategy serves as the PPP Center’s policy direction in providing assistance to the LGU PPP Program and projects, defined into three categories: short term (immediate), medium term (1-2 years), and long term (2-5 years).
In the short term, the PPP Center shall provide focused advisory assistance to LGUs which will implement PPP, including JV projects, covering identified priority sectors such as water supply and/or septage management and sanitation, solid waste management, vertical infrastructures (public markets, government complex, etc.), and transport terminals. Capacity building support for LGUs will also be further enhanced via customized LGU trainings and stronger collaboration with local public or private capacity building institutions.
In the medium term, successful LGU PPP projects shall be replicated by developing templates of project studies and PPP contracts and cascading these to applicable LGUs through internship programs and Local Capacity Building Institutions (LCBIs).
LGU assistance in the long term involves the expansion of PPP Center support to include project development services such as crafting of feasibility studies, and the creation of a facility similar to the existing Project Development and Monitoring Facility (PDMF) to support local PPPs.
The launch of the new strategy is part of the PPP Center’s assistance to local government projects which contribute to overall regional development. During the 2nd Annual Philippines Energy and Infrastructure Finance Forum last September 7, PPP Center Executive Director Ferdinand Pecson said that the PPP Center will be “more aggressive” in introducing PPPs to LGUs.