Philippines’ tycoons submit infra policy wish list to Bongbong Marcos

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Philippines’ tycoons submit infra policy wish list to Bongbong Marcos
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The Private Sector Advisory Council chaired by Aboitiz Group CEO Sabin Aboitiz submitted additional ideas to spur infrastructure development to President Ferdinand Marcos Jr. in a meeting on March 9. | Philbizwatcher /PDI

During the meeting, Metro Pacific Investments chief Manuel Pangilinan underscored various challenges to clean water accessibility during the meeting, from the overdependence on groundwater to the highly fragmented governance structure.

On transport and mobility, PSAC sees low-hanging fruit from the rehabilitation of Ninoy Aquino International Airport through PPP and the expedition of the award process of projects with original proponent status this 2023. It also proposed the development of an aerodrome strategy and airport master plan.

Tycoon Enrique Razon, for his part, suggested that the Iloilo port be developed into another international port. This is seen to reduced cost and time to market for imports, as well as provide the local agricultural industry with direct global access.On energy, PSAC recommended strengthening local government units to facilitate and implement energy projects.

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