Gov't hopes to roll out at least 4 more PPP projects this year
MANILA, Philippines - The government is still hopeful it can roll out at least four more public-private partnership (PPP) projects before year-end, the PPP center said on Thursday.
"We are committed to do our best ... We have rolled out 4 [projects] so we need to roll out 4 more," PPP Center Deputy Executive Director Ferdinand Tolentino said during the Economic Journalists Association of the Philippines, Inc.'s (EJAP) Economic Forum 2012.
Tolentino's comments came as President Benigno Aquino III has repeatedly said the government will roll out 8 PPP projects this year.
"There are 5 PPP projects that will be presented before the NEDA-ICC (National Economic and Development Authority-Investment Coordination Committee) today. If all of those projects are approved, then on the 29th they will be presented to the NEDA board," Tolentino said.
"If the board approves the projects, then all that has to be done is to publish invitations," he added.
For this year, the government has successfully auctioned off the PPP for School Infrastructure Project and rolled out the Light Rail Transit line 1 (LRT-1) Cavite Extension, Ninoy Aquino International Airport (NAIA) Expressway Phase II, and the Modernization of the Philippine Orthopedic Center.
Tolentino did not identify the 5 projects being tackled at the NEDA-ICC meeting today but Transportation Secretary Joseph Emilio Abaya, who spoke at the same forum, enumerated 3 projects the DOTC submitted before the committee.
"We will be presenting at the NEDA-ICC the Mactan Cebu International Airport Passenger Terminal, the Automatic Fare Collection System, and the Bus Rapid Transit System for Cebu," Abaya said.
The first PPP project to be rolled out by the Aquino government is the Daang Hari-South Luzon Expressway Link Road, which was awarded to Ayala Corp. in December last year.
However, the Daang Hari project has yet to be pursued as the government asked Ayala to revise its design for the road.
"Right now, there are discussions in the parties concerned--Ayala, TRB (Toll Regulatory Board), PPP Center, and the DOTC--to iron out some details," Tolentino said.
"We expect the details to be settled by December," he added.