Department of the Interior and Local Government (DILG) Secretary Benjamin ‘Benhur’ Abalos Jr. urged local government units (LGUs) to initiate programs and projects based on the concept of public-private partnership (PPP). Abalos said LGUs can engage in a build-operate-transfer (BOT) agreement...
Economic managers vowed full support behind the private sector, as the Department of Finance (DOF) asked investors to trust President Ferdinand R. Marcos Jr.’s government. “As the President said yesterday , the sate of the economy is sound. So, my advice to the private sector is trust your...
Vice President Leni Robredo has expressed support for the gubernatorial bid of former Tourism Secretary Ace Durano and his running mate Hilario Davide III in Cebu despite Durano backing out at the last minute on a reportedly planned endorsement for her. Vice President Leni Robredo (Photo from VPLR...
To gather feedback and project validation, the Department of Public Works and Highways (DPWH) will conduct a market-sounding webinar about Kennon Road’s rehabilitation, improvement, operations, and maintenance project on Friday, April 8. In a statement, the DPWH said it has been inviting...
Presidential candidate Panfilo ‘Ping’ Lacson on Wednesday, March 30 told residents of Zamboanga City of his plans to alleviate widespread poverty in the country by refining and streamlining ‘Pantawid Pamilyang Pilipino Program’ (4Ps). At a town hall forum hosted by Southern City...
The Department of Finance (DOF) has proposed the creation of a risk management office (RMO) that will identify and evaluate contingent liabilities and other risks assumed by the government in relation to public private partnership (PPP) projects. In a statement, Grace Karen G. Singson said on...
Albay 2nd district Rep. Joey Salceda believes he knows a good approach to the possible revival of the mothballed Bataan Nuclear Power Plant (BNPP). A nuclear power plant jn Belgium (Frederic Paulussen/ Unsplash) Salceda calls this the "franchise approach" and he plans to pitch it soon to the Chief...
The next administration should pursue the Public-Private Partnership (PPP) or Build-Operate-Transfer (BOT) aggressively as a chance to continue with the infrastructure development to spur the country’s economic recovery after a two-year fight with the COVID-19 pandemic, former senator and...
With a power supply crisis jolting the next administration, the team of Presidential frontrunner Ferdinand “Bongbong” Marcos Jr. is seriously weighing options to push for the repowering of the mothballed 620-megawatt Bataan Nuclear Power Plant (BNPP) so it can eventually augment the country’s...
PPP CENTER As the pandemic widened the country's infrastructure gap, the Public-Private Partnership (PPP) Center this year added five more projects worth P22.91 billion to its pipeline, bringing the grand total to 63 projects worth P7.243 trillion. The additional projects include the Tourism...
The Duterte administration will amend the the implementing rules and regulations (IRR) of the build-operate-transfer (BOT) law to remove the “onerous,” “excessive,” and “undue” terms, the National Economic and Development Authority (NEDA) said. In a statement, the NEDA said on Tuesday,...
A proposed legislative measure is pushing for a public-private partnership (PPP) investment model that shall be carried out in the development of waste-to-energy (WTE) facilities in the country. Win Gatchalian Photo2 Senate Committee on Energy Chairman Sherwin T. Gatchalian stated that Senate Bill...
