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December 22, 2020 | 7:27 pm Font Size
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KEY infrastructure projects funded via public-private partnership (PPP) increased to 233 at a total estimated cost of over P8 trillion, with 14 new projects added this year, according to the PPP Center of the Philippines.
The PPP Center said 176 PPP projects worth P1.289 trillion are currently being implemented, while the pipeline consists of 57 projects worth P7.159 trillion.
Five solicited additional projects are in the pipeline: the rehabilitation of the Mariveles Mental Wellness Center, the redevelopment of the Philippine Travel Center Complex, the construction of the Metro Cebu Expressway, the decongestion of the Bicol Medical Center Medical Arts Building and upgrades to its health services, and the redevelopment of a Makati property for the National Economic and Development Authority (NEDA).
Published December 22, 2020, 9:48 AM
The Philippine public-private partnership (PPP) program remains bullish, expanding its pipeline with 14 new projects in 2020, despite the COVID-19 pandemic.
To date, PPP projects total 233 with 176 under implementation, amounting to P1.289 trillion and 57 projects in the pipeline, amounting to P7.159 trillion.
New solicited projects include the Mariveles Mental Wellness Center, Philippine Travel Center Complex, Metro Cebu Expressway, Bicol Medical Center (BMC) Medical Arts Building and Upgrading of Health Services, and the National Economic and Development Authority (NEDA) sa Makati Property Redevelopment.
Unsolicited projects, newly added, cover the Operation & Maintenance of Francisco B. Reyes Airport and the New Busuanga Airport, New Metro Manila Food and Transport Hub, Tuguegarao City Septage Management, Iloilo Commercial Port Complex and Dumangas Port.