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DOTC woos UK investors for PPP deals

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Puerto Princesa airport (in photo) is one of six provincial airport deals that will be ready for rollout in the fourth quarter of 2014 under the public-private partnership program. The Department of Transportation and Communications made a pitch to British investors and trade officials Thursday as it seeks to drum up interests for upcoming infrastructure deals under the administration’s PPP program.

The Department of Transportation and Communications made a pitch to British investors and trade officials Thursday as it seeks to drum up interests for upcoming infrastructure deals under the administration’s public-private partnership program.

Posted: September 19th, 2014 in Latest Business Stories | Read More »

Palace urged to follow BOT law in Calax row

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Ayala Corp. and Aboitiz Land Inc. again urged President Aquino to uphold the strict implementation of bidding rules for the 45-kilometer Cavite-Laguna Expressway (Calax) public-private partnership (PPP) deal, where their consortium is the frontrunner, amid a row between the government and disqualified conglomerate San Miguel Corp.

Posted: July 24th, 2014 in Headlines | Read More »

PPP program: Of 54 deals, 7 awarded; 20 more at P900B

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PPP-awarded-porject-table

It has been battered and bruised but the Aquino administration’s public-private partnership program, whose implementers admit is still a work in progress, remains committed to getting crucial infrastructure projects off the ground.

Posted: July 24th, 2014 in Featured Gallery,Headlines | Read More »

Profit, not public service, behind LRT-1 deal–militants

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Light Rail Transit (LRT) Line 1. FILE PHOTO

A militant group over the weekend criticized as “highly anomalous” the P65-billion Light Rail Transit Line 1 (LRT-1) public-private partnership (PPP) deal, describing the agreement as one “motivated by profit, not public service.”

Posted: July 8th, 2014 in Latest Business Stories | Read More »

SMC contests Calax bidding disqualification anew

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Conglomerate San Miguel Corp.

Conglomerate San Miguel Corp. (SMC) made good on its threat to contest its disqualification in the bidding for the P35.4-billion Cavite Laguna Expressway (Calax), a toll road public-private partnership (PPP) deal, due to a technicality.

Posted: July 2nd, 2014 in Latest Business Stories | Read More »

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