The Public-Private Partnership (PPP) Center is processing nearly two dozen solicited PPP projects to be submitted to the National Economic and Development Authority-Investment Coordination Committee’s (NEDA-ICC) approval.
The Public-Private Partnership Center is processing nearly two dozen solicited PPP projects to be submitted to the National Economic and Development Authority-Investment Coordination Committee’s approval.At a press conference following the ceremonial signing of the PPP Code’s Implementing Rules and Regulations on Thursday in Mandaluyong City, PPP Center Executive Director Ma. Cynthina Hernandez said out of the more than 180 infrastructure flagship projects , “around 45 are PPPs.
The new law will incorporate best practices from decades of experience in implementing the Build-Operate-Transfer Law, and will ensure that the country will build better infrastructure projects and mitigate risks during their implementation.With the signing of the PPP Code’s IRR, the new law would now be implemented. The IRR would take effect on April 6, 2024.
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