The proposed Public-Private Partnership (PPP) code would harmonize the regulations of the national government with those of local government units (LGUs), which will spur greater investment. Ma. Cynthia C. Hernandez, PPP Center executive director, said the new code will bolster the government’s...
An amendment seeking to address the private sector’s concerns and create a more enabling policy environment for infrastructure projects is in the works, the National Economic and Development Authority (NEDA) said. During the 12th Arangkada Philippines Forum yesterday, NEDA Secretary Arsenio M....
CEBU CITY – The P4.5-billion upgrade of the Bohol-Panglao International Airport (BPIA) has been approved by the National Economic and Development Authority (NEDA) Board. AUMENTADO (FB) Bohol Gov. Aris Aumentado said upgrading the BPIA will be done through a Public-Private Partnership (PPP)...
President Marcos led the approval of several high-impact projects amounting to P269.7 billion to boost tourism and gaps in the country's healthcare system. President Ferdinand 'Bongbong' Marcos Jr. and NEDA Secreatry Arsenio Balisacan discuss high-impact projects during the NEDA Board metting on...
President Marcos has highlighted the significance of technology and public-private partnership (PPP) in promoting the growth of the country's agriculture sector as he encouraged the public to adopt modern farming practices. President Ferdinand 'Bongbong' Marcos Jr. (Noel Pabalate) Marcos said this...
With 20 affirmative votes, the Senate unanimously approved on third and final reading the proposed Public-Private Partnership (PPP) Act. Sen. Joseph Victor "JV" Ejercito, who principally sponsored and authored Senate Bill No 2233, said the measure will strengthen and revolutionize the way...
The Department of Finance (DOF) has welcomed the recent progress in consolidating legal frameworks for public-private partnership (PPP) projects. In a statement, Finance Secretary Benjamin E. Diokno said the enactment of Senate Bill No. 2233, also known as the PPP Act, would facilitate trade,...
Passengers wait in queues at the Ninoy Aquino International Airport (NAIA) (Photo by Noel Pabalate / MANILA BULLETIN) Department of Transportation (DOTr) Secretary Jaime Baustita said that the modernization of the Ninoy Aquino International Airport (NAIA) under a public-private partnership (PPP)...
The Department of Finance (DOF) has stated that simplifying regulations and procedures for infrastructure projects will lead to quicker approvals for Public-Private Partnership (PPP) initiatives. Finance Secretary Benjamin E. Diokno said that prompt evaluation of projects is crucial in creating a...
Bicol Saro Party-list Rep. Brian Raymund Yamsuan (Facebook) Bicol Saro Party-list Rep. Brian Raymund Yamsuan is calling for greater cooperation between the government and private sector to help make the proposed Philippine National Railways (PNR) South Long Haul Project a reality. "The Department...
Investors in renewable energy facing challenges connecting their projects to the power grid could tap the Maharlika Investment Fund (MIF) for funding, Energy Secretary Raphael P.M. Lotilla said. “One of the things that was mentioned was that, it (MIF) would be available for transmission and...
The country's private sector will now have a broader participation in the national government's big-ticket projects after President Ferdinand "Bongbong" Marcos Jr. issued an executive order (EO) that amends the composition of the Public-Private Partnership Governing Board (PPPGB). *President...
