ILOILO CITY: The city and province of Iloilo will be a recipient of three multi-billion-peso projects under the Public Private Partnership (PPP) scheme.
One of the PPP projects is the expansion of the Iloilo International Airport in Cabatuan, Iloilo that was already approved by the Department of Transportation and Communication (DOTC).
Other projects in the pipeline are the proposed government center in Passi City as proposed by Senate President Franklin M. Drilon and the proposed railway system project as proposed by Mayor Jed Patrick Mabilog.
PPP Center Executive Director Cosette Canilao said that the PPP has 13 ongoing infrastructure projects out of the 15 projects to be completed in different parts of the country before the Aquino administration ends in 2016.
The center is also working for the passage of amendments to the existing Board of Investments Act to cover irrigation and other social infrastructures.
Canilao, with Canadian Ambassador Neil Reeder, conducted a press briefing for the national, international and local media covering the two-day Asia Pacific Economic Conference (APEC) in this city on July 23 to 24, 2015.
Mayor Mabilog, in his welcome dinner for the delegates on Wednesday night, said the city is allocating some 800 hectares of reclaimed lands for the interest of potential investors in retail, manufacturing, business process outsourcing, agro-processing and tourism.
The city mayor reiterated a business-friendly city with incentives to new investors especially in the identified new industrial zones.
Mabilog said the city’s hosting of APEC is a positive way to boost awareness of the investment opportunities and strength of the city as an important investment destination in the Philippines.