The Philippines' public-private partnership (PPP) pipeline has undergone recent changes, with nine projects delisted and 15 new projects added. This brings the total number of projects in the pipeline to 176, with an estimated cost of P2.47 trillion. Delisted projects include high-profile ventures like the Metro Rail Transit System Line 3 Rehabilitation and the Joint Venture for the Redevelopment of the PNOC and DOE BGC Properties. Meanwhile, new additions include the Francisco Bangoy International Airport Project, valued at P12.9 billion.
THE national government’s public-private partnerships now stand at 176 projects in the pipeline, amounting to P2.47 trillion, based on the PPP Center report.
Other delisted projects are the Comprehensive Digital Housing Platform Project , High-capacity Bus System in Iloilo City , Electronic Invoicing and Tax Engine Systems Project , Rizal Park Western Section Development Project , Power Generation and Distribution in San Vicente Flagship Tourism Enterprise Zone and Marinduque Decarbonization Project .
This unsolicited proposal is currently under evaluation, with the Davao International Airport Authority as the implementing agency and the Davao International Airport Consortium as the private proponent.
PUBLIC-PRIVATE PARTNERSHIPS PHILIPPINES PPP PROJECTS INFRASTRUCTURE
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Philippines Lifts Sanctions on Delisted Terrorists, Takes Steps Towards Exiting FATF Grey ListThe Anti-Money Laundering Council (AMLC) has lifted sanctions on eight delisted terrorist individuals while maintaining sanctions on 11 others. The council has also implemented new measures to freeze assets linked to terrorist activities. These developments come as the Philippines moves closer to exiting the FATF grey list, a global watchdog against money laundering.
Read more »
Coca-Cola Beverages Philippines Inc. Rebrands as Coca-Cola Europacific Aboitiz Philippines Inc.Coca-Cola Beverages Philippines Inc. officially rebrands as Coca-Cola Europacific Aboitiz Philippines Inc. (CCEAP) to reflect the Aboitiz Group's strategic investment and partnership with Coca-Cola Europacific Partners (CCEP). The rebranding signifies a commitment to a sustainable future and long-term growth for the Philippines.
Read more »
Philippines Tourism Promotes 'Love the Philippines' Campaign Despite Budget CutsDespite a reduced budget for branding and marketing, the Philippines Department of Tourism (DOT) continues to promote the country abroad through various media channels, including television, billboards, and social media. Tourism Secretary Christina Garcia Frasco highlighted the ongoing 'Love the Philippines' campaign, which has reached key markets worldwide. While acknowledging the challenges posed by the budget cuts, Frasco emphasized the DOT's efforts to address power supply issues on Siargao Island and promote sustainable tourism development.
Read more »
Isuzu Philippines Celebrates 25 Years as the Philippines' Top Truck BrandIsuzu Philippines (IPC) has achieved a remarkable milestone, celebrating 25 consecutive years as the leading truck brand in the Philippines. The Japanese automaker has solidified its position through a combination of Japanese engineering expertise and an in-depth understanding of the local market's needs.
Read more »
French aircraft carrier Charles de Gaulle to visit PH in FebMANILA, Philippines — The French Navy aircraft carrier Charles de Gaulle and its escorts are visiting the Philippines in February, signaling the growing maritime security relations between France and the Philippines.
Read more »
Philippines and US Reiterate Commitment to Deterrence in South China Sea Amidst Chinese Vessel ActivityRecent reports of Chinese vessels encroaching on the Philippines' Exclusive Economic Zone (EEZ) have prompted a strong response from the US and the Philippines. The defense chiefs of both nations recently held a significant discussion emphasizing the need to reestablish deterrence in the South China Sea. This comes amidst ongoing joint patrols conducted by the Philippines and the US within the Philippines' EEZ, as well as US 'freedom of navigation' patrols in the disputed waters.
Read more »