National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan said that the signing into law of the Public-Private Partnership (PPP) Code of the Philippines will create a more stable policy environment for infrastructure projects. "The PPP Code will enable much-needed development...
President Marcos signed the Public-Private Partnership Code of the Philippines (PPP Code) and the Internet Transactions Act of 2023 on Tuesday, Dec. 5. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of Malacañang) Presidential Communications Office (PCO) Secretary Cheloy Garafil said...
The Department of Transportation (DOTr) has tapped an international global development institution for advisory services in the improvement of aviation and railway projects in the country. DOTr Secretary Jaime Bautista said the International Finance Corporation will provide the DOTr...
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....
CEBU CITY – The P4.5-billion upgrade of the Bohol-Panglao International Airport (BPIA) has been approved by the National Economic and Development Authority (NEDA) Board. AUMENTADO (FB) Bohol Gov. Aris Aumentado said upgrading the BPIA will be done through a Public-Private Partnership (PPP)...
President Marcos led the approval of several high-impact projects amounting to P269.7 billion to boost tourism and gaps in the country's healthcare system. President Ferdinand 'Bongbong' Marcos Jr. and NEDA Secreatry Arsenio Balisacan discuss high-impact projects during the NEDA Board metting on...
President Marcos has highlighted the significance of technology and public-private partnership (PPP) in promoting the growth of the country's agriculture sector as he encouraged the public to adopt modern farming practices. President Ferdinand 'Bongbong' Marcos Jr. (Noel Pabalate) Marcos said this...
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...