3 + 5 PPPs for 2012

8 PPPs in 2012 from zero last year. That’s a good improvement. Let’s hope we keep the momentum going.

5 more PPP projects within year

Thursday, 30 August 2012 21:56 Max V. de Leon / Reporter

The government will offer to investors five more projects under the administration’s Public-Private Partnership (PPP) Program within the year.

The Aquino administration already rolled out three such projects this year, and even with just four months to go, PPP Center Executive Director Cosette Canilao expressed confidence her office would be able to meet the government’s goal of starting the bidding process for a total of eight projects this year.

“We are still positive that we would be able to meet that target,” Canilao said.

The government has started the selection process for private-sector investors for $239-million School Infrastructure Project Phase I, the $1.4-billion LRT Line 1 Cavite Extension and O&M (operations and management), and the $377.5-million Naia Expressway Phase II.

Canilao said the National Economic and Development Authority (Neda) Board, which is chaired by President Aquino, is now reviewing three of the remaining five projects to be rolled out this year.

These are the $128.3-million Modernization of Philippine Orthopedic Center Project, the $11.3-million Vaccine Self-Sufficiency Project Phase II and the $466.8-million Cavite-Laguna Expressway Project.

The Neda’s Investment Coordination Committee (ICC), meanwhile, is still studying the $38.1-million O&M of Angat Hydro-Electric Power Plant Turbines 4 and 5.

After going through the ICC, the project would then be submitted to the Neda Board for final approval before it is offered to private investors. The paperwork for the $480.5-million Nlex-Slex Connector  project, on the other hand, as proposed by interested proponent Metro Pacific Investment Corp. MPIC, is expected to be submitted by the Department of Public Works and Highways (DPWH) within the week or next week, Canilao said.

“The Neda will take one month to study it and then have it ready for publication for possible Swiss challenge, most likely in October,” Canilao said.

If the MPIC offer is challenged, Canilao said the DPWH would have to consider both proposals. The government currently has 22 PPP projects in the pipeline.

One thought on “3 + 5 PPPs for 2012

  1. […] 3 + 5 PPPs for 2012 (stimuluscapitalideas.wordpress.com) […]

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: