The Philippines showcased its more than 50 public-private partnership (PPP) projects that now reaches a total estimated cost of $20.822-billion Philippine infrastructure and PPP opportunities seminar-roadshow in Singapore recently.
During the event, PPP Center Executive Director Cosette V. Canilao presented to foreign investors at the British High Commission, Singapore, various projects currently on the pipeline.
The roadshow held last month aims to encourage partnership with foreign business to invest in the Philippines through PPP, the Aquino administration’s strategy to boost the country’s economic development.
Trade Undersecretary Ponciano Manalo Jr., Public Works Secretary Rogelio Singson, Transportation Undersecretary Rene Limcaoco, and officials from Philippine embassy in Singapore with representatives from the private sectors were among those who took part in the roadshow.
The business seminar concentrated on high-value opportunities under the PPP program and other infrastructure projects that include roads, railways, airports, water and health care.
Some of the PPP projects under procurement are Bulacan Bulk Water Supply Project, Integrated Transport System Project-South and Southwest Terminals, Laguna Lakeshore Expressway Dike Project and Operation and Maintenance of LRT Line 2. These projects have an estimated total cost of P154.2 billion, or $3.43 billion.
Jonathan L. Mayuga