The Marcos administration's vaunted Build, Better, More Program will get a shot in the arm from the implementation of the new Public-Private Partnership (PPP) Law, said Bulacan 6th district Rep. Salvador Pleyto.
Pleyto is a former assistant secretary of the Department of Public Works and Highways (DPWH).
Build, Better, More replaced the previous Duterte administration's Build, Build, Build program.
Marcos' Build, Better, More to get big boost from PPP Law implementation, says Pleyto
Mar 26, 2024 05:15 AM
At a glance
Bulacan 6th district Rep. Salvador Pleyto Sr. (left), President Ferdinand "Bongbong" Marcos Jr. (Facebook, MANILA BULLETIN)
The Marcos administration's vaunted Build, Better, More program will get a shot in the arm from the implementation of the new Public-Private Partnership (PPP) Law.
Thus, said Bulacan 6th district Rep. Salvador Pleyto Sr., a vice chairman of the House Committee in Public Works and Highways.
“I welcome the recent signing of the Implementing Rules and Regulations (IRR) of the [PPP] Code which will serve to facilitate the implementation of the provisions of Republic Act (RA) 11968, otherwise known as PPP Code of the Philippines,” Pleyto said in a statement.
He said the approval of the IRR will bolster the Build Better More program of President Marcos, amid the government’s commitment to implement at least 185 flagship projects costing P9.14 trillion.
At least 45 big-ticket projects will be financed through PPPs, noted Pleyto.
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“Mapapakinabangan ng ating mga mamamayan ang paggawa ng mga PPP projects dahil sa dulot nitong maraming trabaho,” added the former assistant secretary of the Department of Public Works and Highways (DPWH).
(The people with benefit from the implementation of PPP by way of job creation.)
Build, Better, More replaced the previous Duterte administration's Build, Build, Build program.
"I wish to thank the IRR Committee for the fast crafting of the PPP Code IRR which was approved by President Ferdinand R. Marcos, Jr. last December 5, 2023," said Pleyto.
"The implementation of these PPP projects will result to a more vibrant economy of our country, moreso, with the creation of thousands of job opportunities the whole country," he further said.