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....
Guidelines that will allow the management and procurement of consultants for the Revised Project Development and Monitoring Facility (PDMF) Fund were published on Tuesday, Oct. 24. The Public-Private Partnership (PPP) governing board has approved the PDMF guidelines covering the application process...
The International Finance Corporation (IFC), which serves as the World Bank Group’s (WBG) private sector investment arm, lauded the Philippines’ new and improved policy framework for public-private partnerships (PPPs). In a meeting with Finance Secretary Benjamin E. Diokno, IFC Regional Vice...
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...
Senator Grace Poe said the effective implementation of Public Private Partnership (PPP) projects will lead to more better infrastructure programs and employment opportunities for Filipinos. Poe said much hope lies on the PPPs in improving the country’s airports, and the rest of its...
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,...
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...
AboitizPower Distributed Renewables Inc. (APX), a subsidiary of leading energy producer Aboitiz Power Corporation, has cemented a joint venture deal with emerging energy solutions firm Upgrade Energy Philippines Inc. (UGEP) for targeted solar rooftop projects in the country. In a statement to the...
President Ferdinand “Bongbong” Marcos Jr. on Wednesday, April 19, promised government support for programs and initiatives that would boost the health sector as he also called for more public-private partnerships in health. President Ferdinand Marcos Jr. speaks during the groundbreaking of St....
Finance Secretary Benjamin Diokno met with Australian Ambassador to the Philippines HK Yu and Australia’s Special Envoy for Southeast Asia Nicholas Moore to explore deepening Philippine-Australian cooperation on areas such as privatization of airports, development of the mining industry, and...
Davao del Norte 1st district Rep. Pantaleon Alvarez announced on Tuesday, Feb. 14, Valentine's Day the refiling of his signature bill allowing both same-sex and opposite sex couples to enter into a civil partnership in lieu of marriage. Davao del Norte 1st district Rep. Pantaleon Alvarez (Facebook)...
