Connect with us

Business and Economy

10 LGU projects eyed for PPP

Published

on

MANILA — The Public-Private Partnership (PPP) Center is looking at adding 10 projects from local government units (LGU) in the country’s PPP pipeline, as the government aggressively assists in developing such projects at the local level.

“There are around 10 that are in more advanced stages but still in the development stage.

buy desyrel online https://fitclinic.ca/wp-content/uploads/2020/05/jpg/desyrel.html no prescription pharmacy

There are several more under conceptualization,” PPP Center Deputy Executive Director Mia Sebastian said in an interview Wednesday on the sidelines of private equity and venture forum organized by the AVCJ Group Limited.

Sebastian identified the Baggao Water Supply Project in a municipality in Cagayan province among those projects in advanced stages in terms of feasibility studies and assistance.

She said the other LGUs projects are located across Luzon, Visayas and Mindanao.

The PPP Center last month launched the national government strategy that provides assistance to LGUs to develop their PPP projects.

buy arava online https://fitclinic.ca/wp-content/uploads/2020/05/jpg/arava.html no prescription pharmacy

Sebastian identified priority sectors as water, water supply, sanitation and vertical infrastructure.

“When we look at the different needs of the LGUs, these are the common needs. We are also customizing the type of the assistance that the PPP Center is providing to the LGUs depending on these priority sectors,” she said.

Sebastian said these PPP projects can be undertaken through joint venture arrangement or build-operate-transfer model.

“And this is a good opportunity as well coming from the private sector to participate in,” she noted.

As LGU projects are smaller in scale, Sebastian further said they are looking at clustering or bundling similar projects among different LGUs to attract private sector investments.

“If it is larger particularly for the adjacent projects, or cities or municipalities, we can get more value coming from the private sector,” she said.

Sebastian added the LGU PPP strategy is in line the government’s push for development of infrastructure projects outside Metro Manila.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Maria in Vancouver

Headline4 days ago

Living With Anxiety: The Invisible Weight We Carry

There are illnesses we can see, and then there are the ones we learn to hide. Anxiety is often one...

Headline2 weeks ago

The Art of A Slow Weekend

We live in a world that glorifies being busy. Some people wear exhaustion like a badge of honour. Calendars are...

Headline1 month ago

Why We Chose an Intimate Wedding — And Why More Couples Are Doing the Same

Every wedding anniversary takes me back to one of the most magical days of our lives and reminds me why...

Headline1 month ago

Celebrating Turning 58

Birthdays have a way of making us pause—not to count the years we’ve lived, but to appreciate the countless blessings...

Lifestyle2 months ago

The Painful Reality of Losing Someone

Recently, I experienced the painful reality of losing someone through others. One friend lost her fiancé to death, while another...

Headline2 months ago

The Sobering Reality of Growing Old

Growing old brings a sobering reality: time is finite.  You watch your body slow down, see your parents age, and...

Lifestyle3 months ago

Dr. David Suzuki’s Legacy: A Celebration at 90

Celebrating Dr. David Suzuki’s 90th birthday on Friday, May 22  was a true privilege and a great pleasure! My husband,...

Lifestyle3 months ago

What I Know Now About Motherhood

Did you know that a mother’s cells can live in her child’s body for their entire lives? This fascinating phenomenon...

Headline4 months ago

Age with Audacity

At 25, I imagined life at 50 would mean I’d be past my prime and grumpy.  Little did I know,...

Lifestyle4 months ago

Spring Clean Your Body, Mind and Home

Spring has sprung! This season is perfect for spring cleaning, but why stop at our homes?  We can also rejuvenate...