Businessman
Cezar Quiambao said the public-private partnership scheme in the
Philippines has led to the construction of big-ticket infrastructure
projects that became game-changers in the country’s business landscape.
Quiambao, speaking before members of the Guam Chamber of Commerce recently at the Hilton Hotel’s Micronesia Ballroom, discussed the evolution of the PPP in the Philippines where he participated as a proponent of the Metro Manila Skyway, the country’s first elevated expressway. The project is now being linked through a P34-billion road that would connect the South Luzon Expressway to the North Luzon Expressway.
He said the elevated road “provided the intersection to an economic renaissance.” Quiambao cited his participation in two other PPP projects—the LTO-IT modernization with Stradcom Corp., which he heads as the private partner of the government, and the partnership with the Land Registration Administration.
The LTO-IT project involved the release of driver’s licenses in under 30 minutes from the old model of six months, while the PPP project with LRA involves the electronic titling of property titles.
Quiambao, a recipient of a doctorate degree from the Polytechnic University of the Philippines, said he answered the “clarion call” of then President Fidel Ramos for overseas-based Filipino professionals to go back to the country of their birth and make a difference.
He said he left his comfort zone in Indonesia where he devised project financing for huge construction projects and from that experience structured the partnership via the PPP model between Indonesia’s leading infra firm, P.T. Citra Lamtoro Gung Persada, and Philippine National Construction Corp., holder of the franchise for the South Luzon Expressway.
The skyway project led to the construction of the Southern Tagalog Arterial Road, which in turn triggered a surge in business in Batangas and resulted in the big economic benefits for the export processing zones in the same province.
“PPP has become the empowering force for government to undertake major projects, especially those needing massive funding,” Quiambao said, adding PPP was an innovation that governments resort to when they lack the revenues to pursue infrastructure projects that prove to be a boon to a country’s economy.
source: Manila Standard Today
Quiambao, speaking before members of the Guam Chamber of Commerce recently at the Hilton Hotel’s Micronesia Ballroom, discussed the evolution of the PPP in the Philippines where he participated as a proponent of the Metro Manila Skyway, the country’s first elevated expressway. The project is now being linked through a P34-billion road that would connect the South Luzon Expressway to the North Luzon Expressway.
He said the elevated road “provided the intersection to an economic renaissance.” Quiambao cited his participation in two other PPP projects—the LTO-IT modernization with Stradcom Corp., which he heads as the private partner of the government, and the partnership with the Land Registration Administration.
The LTO-IT project involved the release of driver’s licenses in under 30 minutes from the old model of six months, while the PPP project with LRA involves the electronic titling of property titles.
Quiambao, a recipient of a doctorate degree from the Polytechnic University of the Philippines, said he answered the “clarion call” of then President Fidel Ramos for overseas-based Filipino professionals to go back to the country of their birth and make a difference.
He said he left his comfort zone in Indonesia where he devised project financing for huge construction projects and from that experience structured the partnership via the PPP model between Indonesia’s leading infra firm, P.T. Citra Lamtoro Gung Persada, and Philippine National Construction Corp., holder of the franchise for the South Luzon Expressway.
The skyway project led to the construction of the Southern Tagalog Arterial Road, which in turn triggered a surge in business in Batangas and resulted in the big economic benefits for the export processing zones in the same province.
“PPP has become the empowering force for government to undertake major projects, especially those needing massive funding,” Quiambao said, adding PPP was an innovation that governments resort to when they lack the revenues to pursue infrastructure projects that prove to be a boon to a country’s economy.
source: Manila Standard Today
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