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PPP Center: 169 projects worth P3.2 Trillion in pipeline

Paulo Gaborni October 16, 2024 at 09:28 PM
NEDA Secretary Arsenio Balisacan

MANILA, Philippines – The Public-Private Partnership (PPP) Center currently has 169 projects valued at PHP 3.2 trillion in the pipeline, aimed at strengthening cooperation between the government and the private sector.

Breakdown of Projects

Data from the PPP Center, released on Wednesday, shows that 113 of these projects are at the national level, while 56 will be implemented by local government units (LGUs). The list includes 91 solicited projects and 78 unsolicited ones.

Several key projects are expected to be awarded by the end of the year. These include the upgrade, expansion, operation, and maintenance of the New Bohol International Airport, as well as the Negros Occidental Bulk Water Supply Project.

Projects to Be Awarded in Early 2024

Additional projects expected to be awarded early next year include the UP-PGH (University of the Philippines-Philippine General Hospital) Cancer Center, the Bislig City Bulk Water Supply, the Bislig City Septage Project, and the Dialysis Center PPP Project for the Renal Center Facility of the Baguio General Hospital and Medical Center.

Projects Pending Approval

Several major projects are awaiting submission to the approving body, including the Boracay Bridge Project, the Metro Manila Subway Project (Operations and Maintenance), the North-South Commuter Railway (Operations and Maintenance), the San Ramon Newport Project, the UP-PGH Diliman Project, and the Iloilo International Airport Project.

Focus on Climate-Resilient Infrastructure

National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan emphasized the importance of PPPs in enhancing disaster resilience in the Philippines, particularly through the development of climate-resilient infrastructure.

“Limited fiscal space, especially in the aftermath of the COVID-19 pandemic, necessitates developing our governance framework for public-private partnerships to finance climate-resilient infrastructure,” Balisacan said at the 2024 Asia-Pacific Ministerial Conference on Disaster Risk Reduction in Pasay City on October 15.

Balisacan highlighted that while most projects under the Public-Private Partnership focus on physical and digital connectivity, key infrastructure in water supply, flood control, and irrigation is also in the pipeline. These projects aim to meet the country’s growing needs while ensuring climate-change resilience.

📷 Public-Private Partnership Center

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