THE PPP Center is hoping to award 13 projects estimated at P517.98 billion before the end of President Benigno Aquino 3rd’s term next year.
“We’re currently bidding 13 projects that include airports, ports . . . Light Rail Transit Line 2 O&M among others . . . If those 13 have no glitches . . . then the bid submissions would be this year or the first quarter of next year,” Cosette Canilao, PPP Center executive director, told reporters over the weekend.
“If there are no requests for extensions, then we could award the 13 projects before the end of PNoy’s term,” Canilao added.
As of July 2015, there are 13 public-private partnership (PPP) projects being prepared for bidding, with an estimated cost of P517.98 billion.
“Now, there are three that have already been approved by the ICC (Investment Coordinating Council) and the NEDA (National Economic and Development Authority) Board . . .” Canilao said.
During The Manila Times 2nd Business Forum on Wednesday, July 22, the PPP Center brushed aside criticisms over delayed biddings and project implementations of some PPP projects, noting that the project pipeline consists of real projects. “This is not a wish list,” Canilao said.
Since 2011, when the PPP program was implemented, the Philippines was No. 8 in the world in terms of the legal framework for PPPs. “We are now considered as the country with a well developed PPP program,” she said.
The government has awarded 10 projects since the PPP program was announced in 2010, and first PPP road project. The Daang Hari-SLEX link road was opened on Friday, July 24.
“So, for the last 12 months of this administration we are embarking as well on other initiatives to further improve the policy environment, our processes, and also the capacities of the government,” Canilao said.
“We’ve already submitted our proposed amendments to the BOT (Build-Operate-Transfer) Law . . . for the PPPs, to Congress,” she said.