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...
ILOILO CITY – A public-private partnership (PPP) has kicked off an underground wiring project that will refine the heritage zone of this city. PHOTOS of key heritage structures on J.M. Basa St. in Iloilo City once the P96-million underground wiring project is finished. (Arnold Almacen) This is...
The Japanese government has extended its invitation to the Philippines to take part in the education development training after a meeting with Vice President Sara Duterte on Wednesday, May 3. Japan International Cooperation Agency (JICA) Chief Representative Sakamoto Takema (right) bursts into...
Creative visualization Imagine driving from Batangas all the way to the beaches of Puerto Galera, rather than taking a ferry. San Miguel Corporation hopes to make this possible one day. The corporation is in talks with the local government of Mindoro, through Governor Humerlito Dolor, to construct...
Senator JV Ejercito (Senate PRIB) Senator Joseph Victor “JV” Ejercito on Tuesday, April 18, expressed his support for the passage of the Public-Private Partnership (PPP) Bill. Presiding over the hearing of the Senate Sub-Committee on the PPP Act, Ejercito said that enacting the measure would...
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...
