Philippines’ PPP program showcased in international conference

From the Website of PIA
links:  http://news.pia.gov.ph/article/view/3001446723194/philippines-ppp-program-showcased-in-international-conference

Philippines’ PPP program showcased in international conference 

TORONTO, CANADA, Nov. 6 -- The Philippines’ Public-Private Partnership (PPP) Program was featured in the recently concluded 23rd Annual Canadian Council for PPPs National Conference on PPPs in Toronto, Canada last November 2-3.

“Transparency is one of the best practices that we are applying in the Philippine PPP Program,” Executive Director Cosette V. Canilao said. “We've brought back integrity in our bidding processes and we have a very systematic way of interacting with private sector during project prep and bid process which is very transparent.”

The Philippines has already awarded 10 PPP contracts to the private partners and has over 40 projects in the current pipeline: 14 under procurement, two for rollout, and seven for approval.

Transportation projects, both land and sea, are the country’s present priorities. Canilao explained the urgent need to develop airports and improve services especially that the Philippines is an archipelago.

“Since the PPP program was relaunched by President Aquino, we worked with multilateral partners, private sector institutions and with various government agencies in setting the platform to enable PPP in the Philippines,” Canilao said.

In April this year, the Philippines has been recognized as most improved country in Asia-Pacific for PPP readiness in The Economist Intelligence Unit report. The Philippines recorded the most-improved regulatory and institutional frameworks, which is the result of significant regulatory reform in recent years, new bidding and selection procedures and better dispute resolution mechanisms.

Moreover, the Philippines has issued various PPP policies to make sure environment for private sector participation is quite attractive. Due to these different improvements, it moved up from an emerging PPP market to a developed PPP market alongside countries like Republic of Korea, Japan, and India.

Representatives from the public and private sector not only from Canada but other parts of the globe participated in the yearly gathering. (PPP) - See more at: http://news.pia.gov.ph/article/view/3001446723194/philippines-ppp-program-showcased-in-international-conference#sthash.BFCjeHHX.dpuf

PIA Website

http://www.pia.gov.ph/news/index.php


links:

http://news.pia.gov.ph/article/view/3001446723194/philippines-ppp-program-showcased-in-international-conference




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