About 10 infrastructure projects, including four that are part of the public-private partnership (PPP) program, are up for review by the National Economic and Development Authority (NEDA) Board this month for possible approval.
Socioeconomic Planning Secretary Arsenio Balisacan said some of these projects had obtained prior approvals by the NEDA-Investment Coordination Committee.
“Some are just returnees because there are some changes in the scope, configurations, alignments that the NEDA Board would have to approve before they get implemented,” Balisacan, who is also the NEDA director general, told reporters on Monday on the sidelines of the 2016 National Budget deliberations at the House of Representatives.
Asked about specifics, Balisacan said four of the projects to be taken up by the NEDA Board are new major PPP projects.
“As of last Friday, there are four PPPs out of what could be eight to 10 projects. Some of these are for confirmation, rotation,” he said.
Last month, the NEDA Board approved the P1.59-billion new Civil Registry System Information Technology Project and changes to the Ninoy Aquino International Airport Expressway Phase II and the Daang Hari-South Luzon Expressway link road project.
However, it is still to discuss the proposed Bonifacio Global City Ortigas road link of the Department of Public Works and Highways to ensure the successful implementation of the same.
In terms of PPP projects, NEDA said that a total of 12 projects worth P285 billion, reportedly about 2 percent of the country’s gross domestic product (GDP), were already under implementation as of August 3.
Another 40 projects are said to be in the pipeline, including 14 projects worth P518 billion that are already undergoing various stages of procurement.
In total, the NEDA said the government has identified 52 projects worth at least P1.1 trillion where the private sector can partner with the public sector.