12 May 2017
PHILIPPINES: PPP Projects to be State-Built but Privately-Operated
Upcoming public-private partnership (PPP) projects are to favour a hybrid model, with the Philippine government building the infrastructure, and private investors then operating and maintaining the facilities. While bids from the private sector to develop public infrastructure may also be considered, the clear preference is that such projects are to be reserved for the government.
Adoption of this model has been fuelled by a belief that the government will fare better than private contractors when it comes to securing low interest rates and concessional loans. It is hoped that several PPP infrastructure projects can now be fast-tracked in line with government preferences.