Concepcion: Private sector to fund own vaccine rollout

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Concepcion: Private sector to fund own vaccine rollout
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Companies have agreed to pay for the logistics cost of their own vaccine rollout, according to Presidential Adviser for Entrepreneurship and Go Negosyo founder Joey Concepcion.

Members of the private sector have agreed to fund their own immunization program as COVID-19 vaccines start to arrive in the country.

He added this is also to ensure economic recovery that should start in the last quarter, provided no major lockdown is implemented, and the administration of vaccines will be at a"lightning speed." On January 14, the Philippines, through tripartite agreements involving private firms and local government units, was able to, with the first batch expected to arrive by May to June.

He said they will also pay for logistics costs for the rollout of vaccines for government frontline workers that will be covered by their donations.

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