THE MANAGEMENT ASSOCIATION of the Philippines (MAP) is seeking the creation of a public-private sector advisory council for various sectors, in order to improve transparency and accountability in terms of government contracts.
private sector advisory council for specific areas like agriculture, trade and investment, infrastructure projects, energy, and water,”during his keynote speech at the Arangkada Philippines Forum in Pasay City on Tuesday.
He noted there should be more cooperation among government infrastructure agencies, and that the roles and responsibilities are “clearly defined” in the review and approval process of public-private partnerships . “More often than not, many of the delays in PPP projects whether local or foreign investments are due to the delays in the delivery of government responsibilities,” he added.
“We believe in the enormous potential of the Philippines as a foreign direct investment destination and the capability of the Philippine government with support from private sector to pursue and implement the necessary reforms and policies to improve the investment climate and competitiveness of the country,” he added.
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