The Public-Private Partnership Center Project Development and Monitoring Facility (PDMF) Committee on Friday, Feb. 17, approved a total of P200 million for the feasibility studies of the Mindanao Railway Phase 3 (Northern Mindanao) and the San Mateo Railway. The PDMF is a revolving fund managed by...
The establishment of a P6-billion dedicated cancer hospital in Manila has been approved by the National Economic and Development Authority (NEDA) Board, Malacañang announced. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of Malacañang) The NEDA, which is chaired by President Ferdinand...
A major State-run Chinese construction firm has committed more investments in the Philippines, mainly through public-private partnership (PPP), following the state visit of President Ferdinand "Bongbong" Marcos Jr. to China early this month. Malacañang photo Communications Secretary Cheloy...
The assets of the Ninoy Aquino International Airport (NAIA) remains with the government even if the private sector manages its operations, should plans to privatize the country's main gateway push through. Department of Transportation (DORr) Secretary Jaime J. Bautista issued the statement today,...
If Deputy Minority Leader and Bagong Henerasyon Party-List Rep. Bernadette Herrera would have her way, she would have government prioritize Public-Private Partnerships (PPP) over the proposed Maharlika Investment Fund (MIF). Bagong Henerasyon Party-List Rep. Bernadette Herrera Herrera, in a...
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'...
