The Philippines will focus more on public-private partnerships on infrastructure development in a bid to boost the economy, Malacañang said. President Ferdinand Marcos Jr. presides the 13th Cabinet meeting in Malacañang on Tuesday, Dec. 20, 2023. (Photo from the Office of the Press Secretary)...
The proposed Public-Private Partnership (PPP) Act was approved on third and final reading on Monday, Dec. 12, by the House of Representatives. (Photo from DPWH) The measure, embodied in House Bill (HB) No. 6527, gained the chamber’s final approval with 254-3 votes from the House members. This was...
The government, via the collaborative efforts between the Department of Energy (DOE) and Congress, will be exploring public-private partnership (PPP) or build-operate-transfer (BOT) arrangement for the deployment of nuclear power technologies in the country, be it for the installation of small...
The Department of Transportation (DOTr) is privatizing several infrastructure projects in two batches as part of the state's public-private partnership program (PPP). The first batch includes the NCR EDSA Busway and the North Long Haul Inter-Regional Railway (NCR-Ilocos, Cagayan). The second batch...
Albay 2nd district Rep. Joey Salceda couldn't help but agree with President Ferdinand "Bongbong" Marcos Jr.'s remarks during the 29th Asia-Pacific Economic Cooperation (APEC) Leaders' Meeting wherein the latter stressed the importance of public-private partnerships (PPPs) in the country’s...
The House Committee on Public Works and Highways on Thursday, Nov. 17, approved a substitute bill that aims to strengthen the Public-Private Partnership (PPP) scheme to expand the use of the program in major government infrastructure projects, such as expressways, railways, and airports, among...
As the country walks down the path to recovery, President Ferdinand "Bongbong" Marcos Jr. has expressed his gratitude to the business sector for aiding the government in the fight against the Covid-19 pandemic, even calling the industry the "main driver to success." President Ferdinand 'Bongbong'...
The Department of Finance (DOF) wants to amend the implementing rules and regulations (IRR) of the Build-Operate-Transfer (BOT) Law to lure private investments to Public-Private Partnerships (PPP). In a statement on Tuesday, Aug. 16, Finance Secretary Benjamin E. Diokno said the DOF is planning to...
Albay 2nd District Rep. Joey Salceda raised concern over the use of Public - Private Partnerships (PPPs) in implementing the controversial No-Contact Apprehension Program (NCAP) by several local government units (LGUs), particularly Metro Manila. Local officials lead the unveiling and inspection of...
The National Economic and Development Authority (NEDA) said Public-Private Partnerships (PPPs) play a critical role in helping the government achieve inclusive and sustained economic growth. At the meeting of the European Chamber of Commerce of the Philippines, Socioeconomic Planning Secretary...
Senator Sonny Angara expressed support for the recent call of President Marcos Jr. for local government units (LGUs) to work with the private sector in their projects. Angara, chairman of Senate Committee on Finance, believed public-private partnerships (PPPs) will be helpful at a time when...
House Speaker Martin Romualdez backed on Monday, Aug. 8 the call of President Ferdinand "Bongbong" Marcos Jr. for local government units (LGUs) to enter into more public-private-partnerships (PPP) for infrastructure and service development projects. President Ferdinand "Bongbong" Marcos Jr. (right)...
