PPP Board reorganized to boost private sector participation

Executive Order (EO) 30, inked by Marcos on June 1, makes changes in the PPP Governing Board (PPPGB) in view of the reorganization of the National Competitive Council (NCC). (File Photo: Bongbong Marcos/Facebook)

MANILA – President Ferdinand R. Marcos Jr. has amended the composition of an overall policy-making body for public-private partnership (PPP) – related matters to strengthen the private sector’s participation.

Executive Order (EO) 30, inked by Marcos on June 1, makes changes in the PPP Governing Board (PPPGB) in view of the reorganization of the National Competitive Council (NCC).

Under EO 30, the President is authorized to appoint one representative from the private sector, “coming from a reputable organization in the banking, business, or infrastructure sector.”

“The private sector representative shall promptly notify the PPPGB of any actual, perceived, or potential conflict of interest which could affect the performance of his/her duties as a member of the Governing Board,” the new EO reads.

The PPPGB, created by virtue of EO 136 signed in 2013, is responsible for setting the strategic direction of the PPP Program and creating an enabling policy and institutional environment for PPP.

It is also in charge of supervising all PPP-related matters, including the Project Development and Monitoring Fund.

Based on EO 136, the PPPGB will be composed of the Socioeconomic Planning Secretary as chairperson; Finance Secretary as vice chairperson; and the National Competitiveness Council’s (NCC) private sector co-chair and Finance, Budget, Justice, Trade, and Executive secretaries as members.

EO 30, however, notes that Republic Act 11032 or the Ease of Doing Business and Efficient Government Service Delivery Act of 2018 reorganized the NCC as the Ease of Doing Business and Anti-Red Tape Advisory Council, rendering the position of the private sector co-chairperson of the council “inexistent.”

The creation of the PPPGB was included in the provisions of EO 8 inked in 2010 to ensure the “more efficient” implementation of PPP programs and projects.

The new EO reorganizes the PPGB to further boost the private sector’s participation in PPP-related matters, including big-ticket projects of the national government.

EO 30 directs the PPPGB chairperson and three other members to constitute a quorum, stressing that a majority vote of the members present would be necessary for the adoption of any issuance, order, resolution, decision, or other acts of the Board in the exercise of its functions.

“Except as expressly modified by this Order, all other provisions of EO No. 8, as amended, shall remain in full force and effect,” states EO 30, which takes effect immediately.