PPP

MANILA, Philippines – The Joint Foreign Chambers (JFC) said yesterday the Philippines can still attract foreign investments in the Public Private Partnership (PPP) projects despite the constitutional limitation in foreign ownership because there are legitimate options around this impediment.

Foreign investors remain reluctant to put money on the Philippines, particularly into the flagship Private-Public Partnership (PPP) projects of President Aquino, locally based western and Asian business leaders said yesterday. A year into Aquino’s six-year term, the US, Europe, Australia, New Zealand, Japan and South Korean chambers said investors want stronger assurances that laws and…

THE government will shelve a plan to put up a fund for Public-Private Partnership investors amid the domestic market’s excess liquidity. Finance Secretary Cesar Pursima told reporters that the government would defer its plan to provide financial assistance to investors that would qualify for PPP scheme in an effort to decongest the capital markets’ high…

MANILA, Philippines – The World Bank remains interested in participating in the government’s Public-Private Partnership (PPP) projects despite concerns on their processes, including the multi-year forward agreements.

(Ric Saludo’s colleague Verbo Bonilla contributed today’s column.) NEARLY a year ago, President Benigno Aquino III hailed public-private partnerships (PPP) as a major development thrust of his new administration. “We will make sure that the Build-Operate-and-Transfer projects will undergo quick and efficient processes,” he said in his first State of the Nation Address last July.…

MANILA, Philippines –  The government is on track with its much-touted Public-Private Partnership (PPP) program for infrastructure, Finance Secretary Cesar Purisima said over the weekend.

P15-B PAYMENT ON TOP OF OTHER PERKS The government would be spending instead of earning in the planned auction of the country’s two mass railway systems, the Metro Rail Transit (MRT) and the Light Rail Transit (LRT), that will kick off President Aquino’s pet programs under the so-called public-private partnership (PPP) schemes, an Aquino ally…

Prominent think tank Forensic Law and Policy Strategies Inc. (Forensic Solutions) submitted to the government a national policy and framework for Public-Private Partnerships (PPP) that it hopes the Aquino administration would consider to help ensure the success of PPP projects by way of delivering more, better and affordable services to the Filipino people.

The government has made public-private partnership a cornerstone of its economic growth platform. And rightly so. After a decade of underspending on infrastructure (an annual spending of between 2 percent and 3 percent of GDP versus the Asian average of 5 percent to 6 percent) the Philippines is way behind everyone else.

The effect of corruption and political succession were listed among 50 potential risks facing the smooth implementation of the public-private partnership (PPP) projects, which the Aquino administration identified as a cornerstone of its economic development program, a prominent think tank said in a recent report.

Last March 7, 2011, President Aquino, during the launch of the Public-Private Partnership (PPP) Center, announced the first five PPP projects which will be subject to bidding this March to June. The PPP projects are: the P6.3 billion Metro Rail Transit Line 3, the P7.7 billion Light Railway Transit Line 1, the P1.6 billion Daang…

MANILA, Philippines – A prominent think-tank is backing President Aquino’s aggressive push for the Public-Private Partnership (PPP) program to fund big-ticket infrastructure projects, but raised concerns on whether Malacañang had done its homework well to ensure their viability and attractiveness to the private sector.

MANILA, Philippines – The Social Security System (SSS) is planning to invest in the Aquino administration’s much touted public-private partnership (PPP) for infrastructure.

A NON-GOVERNMENT organization on Friday questioned the Aquino administration’s inclusion of its public-private partnership (PPP) program in the country’s economic blueprint for the next six years.

A NON-GOVERNMENT organization on Friday questioned the Aquino administration’s inclusion of its public-private partnership (PPP) program in the country’s economic blueprint for the next six years. In a statement, Freedom from Debt Coalition (FDC) said the inclusion of PPP in a number of sections in the draft Medium Term Philippine Development Plan (MTPDP) for 2011-2016,…

PUBLIC-PRIVATE partnership (PPP) projects are joining this year’s list of priority investment areas that would enjoy incentives from the government.

THE MANILATIMES 2010 YEARENDER FACED with a budget deficit, President Benigno Aquino 3rd is reviving a scheme first implemented by his late mother to pursue big infrastructure projects using private-sector financing. In his first State of the Nation Address (SONA), the President highlighted the need to harmonize public and private sector initiatives to spur economic…

Public-private partnership or PPP is again the catch phrase in the Philippines as a formula for carrying out large infrastructure projects, an engine for economic growth.

MANILA, Philippines –  Private think-tank Forensic Law and Policy Strategies Inc. has urged government to watch its debt levels as it enters into contracts under the so-called public private partnership (PPP) scheme.

A private think tank has urged economic managers to fine-tune the flagship public-private partnership (PPP) program and rid it of key provisions that will only turn off prospective investors, weaken the constitutional checks-and-balances system and shove the Philippines deeper in debt.

PUNDITS doubt whether the Aquino administration’s public-private partnership (PPP) imitative would improve the economy and people’s welfare.

THE AQUINO Administration launched its Public-Private Partnership program (PPP), which aims to put in place a world-class infrastructure system for the country, at the recently concluded international conference at the Marriott Hotel from November 17-19. The conference was jam-packed (at least during its opening) despite the $2,600 attendance fee charged each participant.

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IN MARKET economies, business activities are largely carried out by the private sector. Goods and services are produced by private firms for consumption by the households. The participation of government in economic life, on the other hand, is relegated to the provision of public goods and services (roads, parks and public health among others) as…

MANILA, Philippines – Amid ongoing changes to the government’s joint-venture guidelines and issues surrounding the build-operate-transfer (BOT) implementing rules and regulations, the National Economic and Development Authority (Neda) gave assurances on Thursday that the agency can already approve public-private partnership (PPP) projects in only 6 months.

protesters yesterday tried but failed to break inside the Marriott Hotel in Pasay City where President Aquino and his team of economic managers were launching his administration’s pet project that aims to attract the biggest local investors to infuse fund into major government projects, the first 10 of which are already worth a total of…

The website of Bulletin carried a picture of a man protesting the SLEX rate and he carried a sign that read: SLEX Dapat Serbisyo Hindi Negosyo. My reaction was simply, ano siya… sinuswerte?

THE Philippines will offer 33 infrastructure projects for public-private partnership (PPP) in a road show next month, according to documents. A source from the National Economic and Development Authority (NEDA) said the indicative cost for the 33 projects would hit P314.34 billion.

THE Aquino administration plans to tap state-run pension funds and financial institutions to raise money for its public-private partnership (PPP) initiative. During a Senate Committee on Finance hearing on Monday, Department of Finance (DOF) Secretary Cesar Purisima said they would turn to the Social Security System, Government Service Insurance System and other government financial institutions…