THE government will conduct a public-private partnership (PPP) road show in Australia before the year ends to gain more support for its key infrastructure thrust.
PPP Center Executive Director Cossette V. Canilao said the investment campaign aims to attract more participants to bid for the deals currently being rolled out.
“We’re making them aware—the investors—that we already have a good PPP platform [and] we have a track record, and it’s time that they look at the Philippines,” she said.
The government will market roughly $20.822 billion worth of projects, the bulk of which is under the Department of Transportation and Communications (DOTC).
“We will present some of our projects that we are planning to work on, the legal and regulatory framework, and all the works that we have accomplished,” Canilao said.
Last week the highest planning body of the government approved five gateway development deals, involving the upgrade of the following airports: Iloilo, Bacolod, Davao and Puerto Princesa. The National Economic and Development Authority Board also approved the P18.99-billion Davao Sasa Port Modernization deal.
Currently, the government is auctioning off the P2.5-billion Integrated Transport System Southwest Terminal; the P4.5-billion ITS South; the Light Rail Transit Line 2 Operation and Maintenance deals; and the P24.4-billion Bulacan Bulk Water Supply.
Just recently, the PPP Center called on European, Japanese, Singaporean and North American companies to invest in the Philippines’s key infrastructure thrust.
Lorenz S. Marasigan with Jae Denise Adolfo