Indicative of the private sector’s confidence in the Philippine economy, a total of 20 unsolicited proposals have already been submitted to the Investment Coordination Committee (ICC) secretariat of the National Economic Development Authority (NEDA) as of Sept. 20, 2019.
In a statement on Wednesday, NEDA said of the 20 proposals, one Public-Private Partnership (PPP) project, the Unsolicited Build-Operate-Transfer (BOT) Proposal on the Bulacan International Airport in Bulakan, Bulacan, was approved by the NEDA Board last December 2018. It had a recently signed concession agreement.
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