Connect with us

Business and Economy

PPP Center to launch water projects in 2018

Published

on

MANILA — The PPP Center is eyeing to roll out five to eight water supply projects of local government units (LGUs) next year.

To create a larger market for investors, the center is considering to bundle the projects of LGUs nationwide.

“The biggest sector we have is water and sanitation,” PPP Center Executive Director Ferdinand Pecson said in a press briefing Monday in Quezon City.

“What we are looking into water projects is how we can bundle several municipalities or even towns and cities in one province together to make the project bigger in scope and make them interesting to investors. That is something that we are looking at,” he added.

Pecson said the center plans to coordinate with the LGUs of Bohol, Oriental Mindoro and Cagayan de Oro which are expanding into sanitation.

It is also looking at possible agreements with Baggao in Cagayan and Catbalogan in Samar.

“Metro Pacific has submitted its unsolicited proposal for Pampanga and we are helping the province in evaluating and the negotiations proper,” PPP Center Director Lawrence Velasco said.

The original project proposal was submitted by MetroPac Water Investments Corp., a unit of Metro Pacific Investments Corp., to the Pampanga LGU on Dec. 7, 2015.

Other companies interested in bidding for the project may match MetroPac Water’s offer through a Swiss Challenge.

Other projects that are in the pipeline for next year include the operations and maintenance of the Clark International Airport, San Ramon Newport Project, Cebu Bus Rapid Transit Project and the Duty Free Philippines Retail Development Project.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published.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

Latest

PBBM PBBM
News9 hours ago

PBBM expects ratification of PH-South Korea FTA deal this year

MANILA — President Ferdinand R. Marcos Jr. is expecting the ratification of the free trade agreement (FTA) between the Philippines...

tattooed man wearing orange shirt inside a jail tattooed man wearing orange shirt inside a jail
News9 hours ago

BuCor: 805 PDLs released in April

MANILA – Prison officials on Friday said 805 persons deprived of liberty (PDLs) were released from various operating prisons and...

News9 hours ago

Consumers using excessive water to get warning from MWSS

MANILA – Consumers with excessive water consumption in Metro Manila and nearby provinces may receive warning notices from the Metropolitan...

Headline10 hours ago

100 caregivers wanted in South Korea

MANILA – The Republic of South Korea is looking for 100 Filipino caregivers, according to the Department of Migrant Workers...

Entertainment1 day ago

Kim heats up the summer as Metro’s latest cover star

Sizzles as Metro Body 2024 headliner Multimedia idol Kim Chiu shares her journey to healthy living and her reaction to...

Health1 day ago

Can this thumb test tell if you are at increased risk of a hidden aortic aneurysm?

All the parts of our bodies share an inherent connectivity. This goes much further than “the foot bone’s connected to...

Dua Lipa Dua Lipa
Entertainment1 day ago

Radical Optimism is Dua Lipa’s philosophy for dealing with life’s chaos – but radical openness is a better approach

  In a teaser video for her third album, Radical Optimism, Dua Lipa explained that every track has that “through-the-struggle-you-are-going-to-make-it”...

Mother Holding Her Baby Mother Holding Her Baby
Health1 day ago

Do we really need to burp babies? Here’s what the research says

Parents are often advised to burp their babies after feeding them. Some people think burping after feeding is important to...

News1 day ago

Our research shows a strong link between unemployment and domestic violence: what does this mean for income support?

MART PRODUCTION/Pexels Increasing income support could help keep women and children safe according to new work demonstrating strong links between...

Students Sitting Inside the Classroom While Using Their Smartphone Students Sitting Inside the Classroom While Using Their Smartphone
Canada News1 day ago

Why students harmed by addictive social media need more than cellphone bans and surveillance

Recently, five school boards in Ontario filed a lawsuit against the major social media platforms: Facebook and Instagram, Snapchat and...

WordPress Ads