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New York PPP.Final

27 October 2014 - The Philippine Consulate General in New York recently organized a forum highlighting the various infrastructure projects in the Philippines that will be undertaken under the public-private partnership (PPP) program. The forum was held on October 16 at the Philippine Center.

 

In his welcome remarks, Philippine Consul General Mario De Leon said, “This PPP forum is taking place during an exciting time for the Philippines, now an investment grade country and is one of the fastest growing economies in Asia.” He underscored that the Philippines will need to build and upgrade its infrastructure to sustain its long-term economic growth.

 

The forum featured Executive Director of the Philippine PPP Center Atty. Cosette Canilao as the main speaker.  She talked about the PPP program and its objectives, legal framework, policies and bidding process.

 

Ms. Canilao gave a list of eight PPP projects in the Philippines that have already been awarded to various groups, two projects that are for implementation, and 47 projects that are still in the pipeline.  Together, these projects have combined project cost of $20.822 billion.

 

She gave a more detailed presentation on the five PPP projects that are under procurement and the 15 projects that are still for roll-out.  She encouraged U.S. investors to consider participating in these projects, namely:

 

A. Under Procurement

 

·         Bulacan Bulk Water Supply Project (estimated project cost - $542.2M)

·         Integrated Transport System Project – South Terminal ($100M)

·         Laguna Lakeshore Expressway Dike Project ($2,728.9M)

·         O&M of Light Rail Transit (LRT) Line 2

·         New Centennial Water Supply Source ($416M)

 

B. For Roll-Out

 

·         Operation & Maintenance (O&M) of New Bohol (Panglao) Airport ($52M)

·         O&M of Laguindingan Airport ($353.8M)

·         O&M of Puerto Princesa Airport ($116.2M)

·         O&M of Davao Airport ($901.6M)

·         O&M of Bacolod Airport ($450.2M)

·         O&M of Iloilo Airport ($675.6M)

·         San Fernando Airport ($180M)

·         Davao Sasa Port ($388M)

·         Regional Prison Facilities ($1,115.1M)

·         Motor Vehicle Inspection System ($428.9M)

·         North-South Railway Project: South Line ($3,702.9M)

·         Mass Transit System Loop ($3,000M)

·         LRT Line-1 Dasmariñas Extension

·         Batangas-Manila Natural Gas Pipeline

·         Manila Bay-Pasig River-Laguna Lake Ferry System

 

About 40 executives and business people attended the forum, which was co-hosted by the Philippine American Chamber of Commerce of New York and Eisner Amper LLC.

After the forum, Ms. Canilao had one-on-one meetings with five groups that are seriously considering to invest in the Philippines.

Companies that are interested to participate in the PPP projects in the Philippines may get more information from the PPP Center’s website: www.ppp.gov.ph.  END