The National Economic and Development Authority (NEDA) board is expected to approve eight more public- private partnership (PPP) projects in the coming weeks, a ranking official said yesterday.
Cosette V. Canilao, PPP Center executive director, said the eight additional projects, which include four airports, a port, an inspection system, prison facilities and the connector road, are up for approval in the next NEDA board meeting.
The PPP projects identified by Canilao are the Davao Sasa Port, the Motor Vehicle Inspection System, the Regional Prison Facilities, the North Luzon Expressway (NLEX) and South Luzon Expressway (SLEX) connector road and four airports.
The P553 billion worth of PPP projects, Canilao said will be unveiled by the government over the next 12 months.
Meanwhile, Canilao said at least five projects under the PPP program will be completed by the end of the Aquino administration and also looking at 17 projects costing P553 billion to be rolled out by June next year.
Among the projects to be rolled out next year include the New Centennial Water Supply Source, operations and maintenance (O&M) of LRT Line 2, Enhanced O&M of Bohol (Panglao) Airport, O&M of Laguindingan Airport, O&M of Puerto Princesa Airport and O&M of Davao Airport.
PPP Center also included the O&M of Bacolod Airport, O&M of Iloilo Airport, Regional Prison Facilities, LRT Line 1 Dasmariñas Extension, North-South Commuter Railway, Manila Bay-Pasig River-Laguna Lake Ferry System and Batangas-Manila Natural Gas Pipeline.
“I don’t think we would be able to complete more than five projects since the rest are big infrastructure projects. But by 2016, the remaining projects would be in the advanced stages of construction,” Canilao said.
To date, only seven out of 50 PPP projects have been successfully award by the government.
Among the awarded PPP projects are the Daang Hari-South Luzon Expressway Link (P2 billion), School Infrastructure Project Phase 1 (P8.86 billion), PSIP Phase 2 (P16.28 billion), Philippine Orthopedic Center modernization (P5.98 billion), Ninoy Aquino International Airport Expressway (P15.52 billion), Automated Fare Collection System (P1.72 billion) and Mactan-Cebu International Airport Expansion (P17.5 billion).
By 2016, the PPP Center is also looking targeting at least 50 projects to be in the pipeline in various stages of the project cycle, at least 15 contracts signed, and at least 10 infrastructure projects handed over to the private sector for O&M.
Canilao said other PPP projects identified during the present administration will be implemented beyond 2016.
The government is banking on the PPP projects to plug the country’s infrastructure gap and create jobs in the process.
NEDA had said the PPP initiative would require up to P739.78 billion in investments through 2016 to boost the economy and the country’s investment rate.
Under its medium-term development plan, the government expects the economy to grow between 7 percent and 8 percent through 2016.
The Aquino administration also aims to raise its investment rate to 18 percent of gross domestic product by the end of its term from 14 percent at present.
source: Manila Bulletin
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