PPP Center expects build-operate-transfer reform law passed this year

ILOILO CITY: The government is hoping that amendments to the existing build-operate-transfer (BOT) law will be passed before the end of the year to set the pace of reforms in the government’s Public-Private Partnership (PPP) initiatives, PPP Center Executive Director Cosette Canilao said.

The PPP Center has asked for the creation of a project development and monitoring facility to be made part of the law so that the hiring of consultancy and transaction advisors and even post-award consultants could be accelerated.