THE Aquino government is looking at allocating P22.1 billion of its P1.816 trillion national budget to fund the pubic-private partnership (PPP) program next year.
According to the Department of Budget and Management, the fund would support projects involving among others right-of-way purchases and land development in line with large infrastructure projects under the PPP program.
Budget Secretary Florencio Abad recently announced that they would be implementing the PPP program by this year’s second half, adding that there has been efficient selection of potential investors for the projects.
The Department of Transportation and Communications is said to receive P8.6 billion; Department of Public Works and Highways and the Department of Health, P3 billion each; Department of Agriculture, P2.5 billion; and the Department of Education, P5 billion.
The budget for this year’s PPP programs was about P12.5 billion.
The first scheduled PPP project ready for bidding this month is the P1.6-billion Daang Hari-South Luzon Expressway (SLEX) Link Road Project.
Others included in the list of PPP infrastructure projects are contracts for the operation and maintenance of Metro Rail Transit 3 and Light Rail Transit 1; the P10.59-billion Ninoy Aquino International Airport Expressway Phase II Project; and the P21-billion North Luzon Expressway-SLEX Connector Project.
The PPP program is considered to be the centerpiece of the Aquino administration’s economic agenda aimed at tapping private-sector participation in large-scale infrastructure projects that will be carried out from 2011 onward.
The elite Makati Business Club earlier this week noted the “silence” of President Benigno Aquino 3rd on the PPP projects. –Maria Nikka U. Garriga, Manila Times
August 12 –
International Youth Day
“Empowering youth,
building generations!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.
Accept the National Unity Government (NUG)
of Myanmar. Reject Military!
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August –
Aug 1-7 World breastfeeding week
Aug 9 – International Day of the World’s Indigenous Peoples
Aug 12 – International youth day
Aug 19 – World humanitarian day
Aug 23 – International Day for the Remembrance of the Slave Trade and Its Abolition
Monthly Observances:
Farms Safety Month
Breastfeeding Awareness Month
Weekly Observances:
Aug 17-23: Made in the Philippines
Product Week
Aug 29-Sept 5: Rice and Corn Week
Daily Observances:
Aug 1: Family Planning Day
Aug 9: National Indigenous Peoples Day
Aug 12: International Humanitarian Law Day
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