10 LGU projects eyed for PPP

MANILA — The Public-Private Partnership (PPP) Center is looking at adding 10 projects from local government units (LGU) in the country’s PPP pipeline, as the government aggressively assists in developing such projects at the local level.

“There are around 10 that are in more advanced stages but still in the development stage. There are several more under conceptualization,” PPP Center Deputy Executive Director Mia Sebastian said in an interview Wednesday on the sidelines of private equity and venture forum organized by the AVCJ Group Limited.

Sebastian identified the Baggao Water Supply Project in a municipality in Cagayan province among those projects in advanced stages in terms of feasibility studies and assistance.

She said the other LGUs projects are located across Luzon, Visayas and Mindanao.

The PPP Center last month launched the national government strategy that provides assistance to LGUs to develop their PPP projects.

Sebastian identified priority sectors as water, water supply, sanitation and vertical infrastructure.

“When we look at the different needs of the LGUs, these are the common needs. We are also customizing the type of the assistance that the PPP Center is providing to the LGUs depending on these priority sectors,” she said.

Sebastian said these PPP projects can be undertaken through joint venture arrangement or build-operate-transfer model.

“And this is a good opportunity as well coming from the private sector to participate in,” she noted.

As LGU projects are smaller in scale, Sebastian further said they are looking at clustering or bundling similar projects among different LGUs to attract private sector investments.

“If it is larger particularly for the adjacent projects, or cities or municipalities, we can get more value coming from the private sector,” she said.

Sebastian added the LGU PPP strategy is in line the government’s push for development of infrastructure projects outside Metro Manila. (Leslie Gatpolintan/PNA)

Popular

PH now has single hotline for emergencies through Unified 911

By Brian Campued “Unified 911, anong maitutulong namin sa’yo?” People in crisis nationwide can now access a single hotline for every emergency as the Unified 911...

PBBM reaffirms commitment to PH-U.S. alliance amid emerging challenges in Indo-Pacific region

By Dean Aubrey Caratiquet Not long after he arrived in the Philippines from a 3-day state visit to Cambodia on Tuesday, President Ferdinand R. Marcos...

No politicians in ‘truly independent’ flood works probe body —PBBM

By Brian Campued The independent commission being established to probe alleged anomalies in flood control projects will be entirely free from the influence of any...

PBBM wants expanded PH-Cambodia cooperation for mutual economic dev’t

By Brian Campued “With continued collaboration, I am confident that our economic ties will expand further.” President Ferdinand R. Marcos Jr. on Monday conveyed the Philippines’...