The Interagency Investment Coordination Committee (ICC) recently approved P124.71 billion worth of public-private partnership (PPP) projects, according to the PPP Center.
The PPP Center said the amount covers the P74.56-billion Ninoy Aquino International Airport (Naia) Development Project and the P50.15-billion Light Rail Transit (LRT) Line 4 Project of the Department of Transportation and Communications (DOTC).
The Naia Development Project aims to improve, upgrade and enhance the existing terminals of the Philippines’s primary gateway. One of the primary responsibilities of the private-sector partner will be to increase the capacity of the three terminals.
The private-sector partner will also handle the operations and maintenance covering both landside and airside aspects, except air-traffic services, to increase operational efficiency and improve quality of services.
Meanwhile, the LRT Line 4 is an 11-kilometer rail project that will run from SM City Taytay to the intersection of Ortigas and Epifanio de los Santos Avenues.
The project will also address congestion along the Ortigas Avenue corridor and improve local transportation to western parts of Metro Manila.
The proposed alignment covers six stations: Ortigas Avenue (Robinsons Galleria), transfer station with the Metro Rail Transit; Meralco Avenue; Rosario, Pasig; Bonifacio Avenue; Taytay Diversion Road; and North Manila Road (SM Taytay).
“It [the project] covers the provision of railway infrastructure, stations, depots, rolling stock, signaling, electrification and communication, automated fare-collection system, and other necessary machinery and equipment,” the PPP Center stated.
To date, the government has awarded 10 PPP projects costing around P189 billion. These projects include the Cavite-Laguna Expressway, Southwest Terminal of the Integrated Transport System, LRT Line 1 Cavite Extension and the Mactan-Cebu International Airport Passenger Terminal Building.
The list also includes the Automatic Fare Collection System, Modernization of the Philippine Orthopedic Center, PPP for School Infrastructure Project Phase I and II, Naia Expressway Phase II Project and the Daang Hari-South Luzon Expressway Link Road.
(With Elisse Leonne Perez)