- The Public-Private Partnership (PPP) Center intends to award 8 projects before Pres. Aquino ends his term
- Projects include the five regional airports which will be auctioned off in two separate bundles with a combined value of P108.19 billion
- Other projects are the operations and maintenance of the Light Rail Transit Line 2, the P18.99-billion Davao Sasa Port Modernization, and the P298-million Phase II of the Road Transport Information Technology Infrastructure
Before the Aquino administration ends its term on June 30, eight more projects are intended to be awarded by the Public-Private Partnership (PPP) Center.
As disclosed by the PPP Center Executive Director Andre Palacios, among the projects that are to be awarded include the five regional airports which will be auctioned off in two separate bundles with a combined value of P108.19 billion, an article published by GMA News Online stated.
Palacios revealed that Bundle 1 consists of the P20.26-billion Bacolod-Silay Airport and the P30.40-billion Iloilo Airport. Bundle 2 is covers the P40.57-billion Davao Airport, the P14.62-billion Laguindingan Airport, and the P2.34-billion New Bohol Airport.
The PPP Center official likewise said the regional airports were the “most ripe” to bid out among the PPP projects.
“Bidders are talking to us, saying they’re very supportive of the DOTC (Department of Transportation and Communications). We’re hoping to have a definite bid submission. We may still be able to award,” Palacios was quoted saying.
In addition to the five regional airports, other projects in the PPP Center pipeline include: the operations and maintenance of the Light Rail Transit Line 2, the P18.99-billion Davao Sasa Port Modernization, and the P298-million Phase II of the Road Transport Information Technology Infrastructure.
Meanwhile, the government has a total of 53 PPPs in the pipeline which mostly consist of public infrastructure projects. Since the Aquino administration launched the program in 2010, a total of 12 projects which has a combined total cost of P217.4 billion have been awarded.
Recently, the Aquino administration and the private sector met for the last time to produce policy proposals, innovative reforms and regulatory framework that will strengthen, enhance and bolster capital-market funding for the PPP Program.
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