Live Breaking News & Updates on Nd Other Onerous Contract Provisions Take Up The Government 39s Already Limited Fiscal Space And Hamper Country Development These Use Resources That Could Have Been Used To Build Infrastructure Or Provide Social Services For People Quot As Ppps Are Paid By Public

Socioeconomic Planning Secretary andBOT IRR Committee chairmanKarl Kendrick Chua (file photo) MANILA - The Duterte administration seeks to amend the implementing rules and regulations (IRR) of the build-operate-transfer (BOT) law. To pursue the amendments of the BOT IRR, President Rodrigo R. Duterte designated Socioeconomic Planning Secretary Karl Kendrick Chua as the chairman of the BOT IRR Committee. This committee is composed of the National Economic and Development Authority (NEDA), the Departments of Finance, Agriculture, Energy, Environment and Natural Resources, Information and Communications, Interior and Local Government, Public Works and Highways, Trade and Industry, and Transportation, and the Public-Private Partnership (PPP) Center. The amendments aim to facilitate the development of well-structured PPPs that deliver high-quality services to the people, protect the public from excessive payments and undue guarantees arising from PPP projects, and promote the interests of Fi ....

Karl Kendrick Chua , Ferdinand Pecson , Rodrigor Duterte , Carlos Dominguez , National Economic , Investment Coordination Committee , Development Authority , President Rodrigo , Natural Resources , Local Government , Public Works , Public Private Partnership , Socioeconomic Planning Secretary Andbot Irr Committee Chairmankarl Kendrick Chua File Photo Manila The Duterte Administration Seeks To Amend Implementing Rules And Regulations Of Build Operate Transfer Bot Law Pursue Amendments , Resident Rodrigor Duterte Designated Socioeconomic Planning Secretary Karl Kendrick Chua As The Chairman Of Bot Irr Committee This Is Composed National Economic And Development Authority Neda , He Departments Of Finance , Nvironment And Natural Resources , Information And Communications , Nterior And Local Government , Public Works And Highways , Trade And Industry , Land Transportation , Nd The Public Private Partnership Ppp Center Amendments Aim To Facilitate Development Of Well Structured Ppps That Deliver High Quality Services People , Rotect The Public From Excessive Payments And Undue Guarantees Arising Ppp Projects , Nd Promote The Interests Of Filipinos , Ho Ultimately Pay For The Costs And Returns Of Private Proponents Ppp Projects Quot Ppps Have Potential To Help Stimulate Economy , Bring Back Jobs ,