(MinDA) is set to intensify its efforts to promote Public-Private Partnerships (PPPs) in Mindanao to empower local government units and drive regional development.
DAVAO CITY — The Minda nao Development Authority is set to intensify its push for Public-Private Partnership s starting next year as part of its efforts to empower and capacitate local government units across Minda nao.MinDA Chairperson Sec. Leo Tereso Magno announced Wednesday, December 4, that the initiative aligns with the Marcos administration’s emphasis on harnessing the private sector’s role in driving national development.
While initial funding often comes from the national government, LGUs must recognize that partnerships with the private sector open up new opportunities to address funding challenges,” Magno added.To ensure readiness for PPP implementation, MinDA will also assess if LGUs have existing PPP ordinances. “If they don’t have one, MinDA will step in to assist in crafting the necessary frameworks. We are also setting up a dedicated MinDA office to focus solely on PPPs,” Magno explained.
Mindanao Development Authority PPP Public-Private Partnership Mindanao Local Government Units Lgus Infrastructure Development Economic Development
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