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..