Gov’t rushes documents for 2 PPP projects | Inquirer Business

Gov’t rushes documents for 2 PPP projects

Daang Hari road, classroom venture of DepEd
/ 09:30 PM December 07, 2011

The Aquino administration is rushing to finalize documents for two public-private partnership (PPP) infrastructure projects as it tries hard to at least accomplish that within this year.

Economic Planning Secretary Cayetano W. Paderanga Jr. identified the two projects as the road that links Daang-Hari in Cavite and the Southern Luzon Expressway and a contract to build 10,000 classrooms for the Department of Education.

“We are trying hard to finalize the documents [for these projects] before the year ends,” Paderanga said. “That would pave the way for the bidding process.”

Article continues after this advertisement

Paderanga—along with officials from the Departments of Finance, Health, and Transportation and Communications—took part in a forum with officials of PricewaterhouseCooopers (PwC) from across the globe to discuss the government’s long-awaited PPP program.

FEATURED STORIES

PwC has been tapped to advise the government in relation to the conduct of the PPP airport projects in Puerto Princesa City in Palawan and Panglao Island in Bohol.

Observers and analysts have lamented the snail-paced development of the PPP program, many of them believing that any results would not be seen until 2012.

Article continues after this advertisement

Richard Abadie, global leader of PwC’s capital projects and infrastructure network, said Wednesday’s discussions included lessons learned internationally “which [the government] could replicate here.”

Article continues after this advertisement

Asked how long it normally took for a PPP project to take off in other countries, Abadie said this varied depending on the planning, needed approvals, design and acquisition of land.

“If the government hands over an unprepared project to the private sector, that normally never progresses,” the executive said.

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: Government, Infrastructure, Philippines, PPP projects, public-private partnership

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.