Gov't to roll out two PPP projects this week
MANILA, Philippines - The government may meet its target of rolling out eight public-private partnership (PPP) projects this year after all.
This, as the invitations to bid for two more projects are already being readied for publishing this week, PPP Center Executive Director Cosette V. Canilao said Tuesday.
"Yung invitation for the Mactan [-Cebu International Airport Passenger Terminal Building] Thursday i-pa-publish and yung para sa school building (School Infrastructure Project Phase II) this week din, either Wednesday or Thursday," Canilao told reporters on the sidelines of the National Economic and Development Authority's year-end briefing.
The government has so far rolled out six PPP projects this year: PPP for School Infrastructure Project Phase I; NAIA Expressway Project; LRT-1 Cavite Extension operations and maintenance; the Modernization of the Philippine Orthopedic Center; the Rehabilitation, and O&M of Angat Hydro Electric Power Plant; and the Automatic Fare Collection System.
President Benigno Aquino III and the PPP Center have repeatedly said they hope to roll out at least eight projects this year, after only rolling out one in 2011.
"We're still not giving up [on our target to roll out eight]," Canilao said, noting the government may even breach that target given two other approved projects--the NLEX-SLEX Connector Road and the Cavite-Laguna Expressway--are ready for roll out.
Businessmen, economists and even legislators have earlier slammed the "slow" roll out of the PPP projects as only two--the DaangHari-SLEX Link Road and the PPP for School Infrastructure Project Phase I--have been successfully auctioned off since the launch of the program in late 2010.
But the government has always remained firm that the delay caused by continuous review of the details or other processes are necessary to ensure the project is priced right and awarded without any bias or corruption.