• Approved PPP projects to proceed – Dominguez

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    ALL public-private partnership projects (PPP) approved or awarded under the Aquino administration will not be reviewed by the incoming Duterte government so that there will be no delay in the construction of infrastructure projects, incoming Finance Secretary Carlos Dominguez 3rd said.

    Dominguez said all these projects will enjoy the presumption of regularity.

    “If it is [PPP projects] in the work, we will proceed with it. We will not stop and review everything. We lost two years during the Aquino administration when they stopped everything when they took office in 2010, we will not commit that same mistake,” he added.

    “We are not here to review or change everything,” Dominguez said.

    “We do not want to unduly delay the much-needed infrastructure projects in the country. That is not what we are here for. Thus, we will only review those which have not yet been approved, we do not want to delay all these important projects,” he added.

    However, PPP projects that have not been approved by the National Economic and Development Authority (NEDA) will be looked into by the new administration.

    “Those which are still in the pipeline would be subject to our review,” the incoming Finance chief said.

    Dominguez pointed out the need to fix Metro Rail Transit (MRT) stations and to address the “extremely poor” traffic condition in Metro Manila.

    “We have to fix the problematic MRT 3 first, we cannot get the value when we sell it in bad condition. Also the traffic here in Metro Manila, it’s terrible. We need to do something about it ASAP,” he said.

    Some of the PPP projects that have been approved but are yet to be awarded are the maintenance and development of the Panglao, Laguindingan and Davao airports, with indicative project costs of P4.57 billion, and P14.62 billion, and P40.57 billion, respectively.

    Being reviewed by NEDA are the Ninoy Aquino International Airport Development project (P74.56 billion), Plaridel Bypass Toll Road (P9.33 billion), Philippine Travel Center Complex (P1.75 billion), Batangas-Manila (BatMan) 1 Natural Gas Pipeline (P14.72 billion), New Nayong Pilipino at Entertainment City (P158 billion), Integrated Transport System-North Terminal P4.21 billion and the very costly Manila Bay Integrated Flood Control, Coastal Defense and Expressway Project (P536 billion).

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