PPP program receives fresh shot in the arm, as PNoy clears 7 projects

November 21, 2013 10:58 AM

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By: Darwin G. Amojelar, InterAksyon.com November 21, 2013 5:48 PM

MANILA - After a string of delays, the Aquino administration's Public-Private Partnership (PPP) Program received fresh impetus after the National Economic and Development Authority (NEDA) board, which the President chairs, today cleared seven big-ticket projects.

- South–Coastal Road Terminal at PRA property beside Asiaworld/Uniwide along Manila-Cavite Expressway (R-1) in Paranaque City to serve passengers travelling to and from Cavite.

- P24.4 billion Bulacan Bulk Water Supply Project, which will provide potable water supply for the concession area of Metropolitan Waterworks and Sewerage System.

Some of these projects, particularly those falling under the Department of Transportation and Communications (DOTC), had suffered delays owing to tepid response from the private sector, which felt that the contract terms were commercially unviable.

In the case of the LRT and Mactan airport projects, the government had to amend the terms of the concession to make them more palatable.

Sought for comment, DOTC spokesperson Michael Arthur Sagcal said Malacanang approval means the bid submission for the Mactan airport project will push through on November 28.

"We look forward to the participation of all seven pre-qualified groups in the first airport PPP we are bidding out," Sagcal said.

The seven firms include the following: MPIC-JGS Airport Consortium, AAA Airport Partners, Filinvest-CAI Consortium, SMC-Incheon Airport Consortium, First Philippine Airports Consortium, Premier Airport Group and GMR Infrastructure-Megawide Consortium.

Source: interaksyon.com

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