Senator Grace Poe said the effective implementation of Public Private Partnership (PPP) projects will lead to more better infrastructure programs and employment opportunities for Filipinos.

Poe said much hope lies on the PPPs in improving the country’s airports, and the rest of its transportation and connectivity needs.

“There is hope that we can finally transform NAIA (Ninoy Aquino International Airport) into a world-class airport through the upcoming modernization project,” Poe said. 

Filipinos, who chairs the Senate Committee on Public Services, said Filipinos are also awaiting the development of regional airports.

"While we can build on what's been tried and tested, I challenge our private partners here today to also carve out new project areas reflective of our current needs," she said.

Poe aired her thoughts on the PPPs during her keynote address at a Stratbase forum. According to the senator, the Philippines is now on a more solid footing to utilize PPPs in a revitalizing infrastructure programs. 

According to the senator, PPPs can even provide parallel, if not better, advantages than official development assistance (ODA).

“By requiring value-for-money proposals, the better quality and longer life cycles of PPP projects make it more cost-effective than those solely financed by the national budget or ODA,” she pointed out.

“Funding infrastructure should not be done via taxes or debts alone, as there is a third way, the PPP,” she said.

Poe also stressed the need to transform PPPs from a vehicle of mutual interest to a solid pillar in nation-building.  

“The main factor should always be public welfare. Filipinos shouldn't have to choose between affordable and efficient services,” she said.

“Infrastructure growth should generate better-paying and higher-quality jobs for Filipinos, not displace our workers,” the lawmaker added.

While the PPPs cannot be considered the government’s “answer to all our infrastructure needs,” Poe said the country can still utilize the PPPs for infrastructure growth.

“There will always be projects better suited for other means. But with the proper planning and the right projects, we can maximize the true potential of PPPs," Poe said.

Poe earlier expressed her elation over reports of five companies participating in the bidding for the NAIA modernization project.

The lawmaker said this development could provide a boost to the country’s premier airport and a much needed facelift for passengers’ benefit.