PPP roadshow held in Canada

The Public Private Partnership Center recently held a roadshow in Canada in a bid to drum up investor interest in its pipeline of infrastructure projects.

The PPP Center, from Nov. 30 to Dec. 4 this year, covered three cities: Vancouver, Montreal and Toronto. The event, organized by Canada’s Trade Commissioners Service, was tagged as Business Opportunities and PPPs in Infrastructure Sector in Southeast Asia, it said.

The Philippines is the lone country that sent a delegation led by PPP Center project development and monitoring facility director Rina Alzate.

The Philippines is bidding out 13 projects valued at $10.92 billion, including big- ticket rail, road and airport deals, Alzate said. Another six projects valued at $2.78 billion are up for approval by the relevant government bodies, she said.

“We have improved our PPP processes. We now have a sound legal and regulatory framework,” she said.

“Our PPP projects are consistently on the radar of international and local investors,” she added.

The three-day roadshow was participated by several companies including Canarail, SNC-Lavalin Capital, PSP investments, Dagua, Palmex, OSSIACO Energy and International, Denton’s Canada, Steel Magnolia Investments, EDC, Caisse de depot et placement du Quebec, and Fasken Martineau.

“Companies can participate in the Philippine PPP Program as project preparation/technical consultant, transaction advisor, probity advisor, independent consultant/engineer, lender, concessionaire, operator or contractor,” the PPP Center said.

The roadshow also highlighted the contribution and role of the Philippines in the establishment of other Southeast Asian nations’ PPP program.