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BOT LAW AMENDMENT. Changes in the country's Build-Operate-Transfer (BOT) Law are needed to encourage more investors to help in the government's infrastructure program. An official of a business risk and security consultancy office is optimistic that the needed changes will materialize during the Marcos administration. (PNA file photo) MANILA - An official of a business risk and security consultancy firm is optimistic about the amendment in the country's Build-Operate-Transfer (BOT) Law, citing its benefits to the government's bid to hike infrastructure spending. Greg Wyatt, director of business intelligence of the Philippine Strategic Associates (PSA), said the current BOT Law of the country is not attractive to investors. "And the way that's going to change is through the amendments to the Build-Operate-Transfer Law," he said in a virtual briefing hosted by the Nordic Chamber of Commerce of the Philippines, Inc. (NordCham Philippines) on Wednesday. Wyatt

Ferdinand marcos jrGreg wyattCommerce of the philippines incNordic chamberPhilippine strategic associatesBuild operate transfer lawNordcham philippinesFerdinand marcosBot law amendment changes in the country 39s build operate transfer are needed to encourage more investors help government infrastructure program an official ofa business risk and security consultancy office is optimistic that will materialize during marcos administration pna file photo manila firm aboutIting its benefits to the government 39s bid hike infrastructure spending greg wyattIrector of business intelligence the philippine strategic associates psaAid the current bot law of country is not attractive to investors quot and way that 39s going change through amendments build operate transferUot he said ina virtual briefing hosted by the nordic chamber of commerce philippinesNc nordcham philippines on wednesday wyatt said he hopes that the amendments will materialize during current administration since this bid is among priorities of marcos president ferdinand jr has raised need to amend bot law as government wants strengthen public private partnership ppp in implementation infrastructure projects are aimed createa quot more competitive and enabling environment for repeatedly cited funding constraints hindrances implementingHus the decision to tap ppp quoti think government understands that changes are need ed for policies be more competitiveUot he said