Saturday 23 September
Powered by Ajaxy

Gov’t moving forward with its PPP program


The Public Private Partnership Center said the government’s PPP program is still “very well alive.”

“We are very much alive. We are rebuilding the pipeline. Private sector participation in infrastructure will always be there. It may not be given the same attention as the previous administration did. Let us work together to improve it,” said PPP Center executive director Ferdinand Pecson.

“There is a big opportunity for smaller projects that could also be PPPs. We will be more aggressive in introducing to LGUs that this is how they can tap into the PPP program,” he added.

Pecson said there are new applications for project development and monitoring facility to finance feasibility studies for port project in Zamboanga, new Nayong Pilipino project, Cebu Bus Rapid Transit, among others.

PPP is key to growth of the local economy. It is a mechanism to free up government’s fiscal space for other development requirements..

Tags: , , , ,

Related Stories
Philippine Airlines has accepted the delivery of its second Bombardier Q400 aircraft, increasing the number
The House Appropriations Committee allocated approved a P6.58 billion budget to bankroll the implementation of
The Duterte government has allotted an initial amount of P6.58 billion to jumpstart the multi-billion
DoubleDragon Properties Corp.’s hotel unit is venturing outside Metro Manila with Boracay and Cagayan de


Trending News

Recommended on sister sites

Copyright © 2017 Bilyonaryo -