Thursday, 18 November 2010

26 projects worth P263 B offered for PPP

Manila Bulletin

MANILA, Philippines – Twenty-six projects with a combined cost of P263 billion and mostly in the infrastructure sector that include airports, tollways, and agri facilities for medium term development under the public-private partnership program of the government would be presented Thursday.

These projects would be presented at the Conference: Public-Private Partnership Projects starting Thursday at the Marriott Hotel to be led by President Benigno S. Aquino III.

These projects include the Kabulnan-2 Multi Purpose Irrigation and Power project; Balintingon Reservoir Multi-Purpose, cold chain systems covering strategic areas in the country, grains centrals with bulk handling facilities, logistics support on agri-fishery products, Cala Expressway-Laguna side section, C-5/FTI/Skyway connector, NAIA Expressway Phase 2, C-6 Expressway Global City link, Central Luzon Expressway for Tarlac-Cabanatuan and Cabanatuan-San Jose, SLEX Extension to Lucena City, Calamba-Los Banos expressway, R-7 Expressway, NLEX East/La Mesa Parkway, Privatization of NAIA 3 and DMIA, Mactan-Cenu International Airport Authority, Kalibo Airport, urban transport programs, MRT 8, Balabac Airport, development of National Motor Vehcile Inspection and Maintenance Program, Privatization of Northrail Operation and management; Mindanao Railway System, Construction of elementatry and secondary classrooms, and health facilities program.

One distinct advantage for investors in these projects is the presence of an established legal framework that spells out the rules of engagement from the very beginning.

Investors simply need to conform to the rules and follow the roadmaps for pre-qualifying to do business; structuring proposals and biding for projects; complying with the project approval process; formalizing award and finalization of contracts and; registering and starting s project.

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