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PPP to undertake P1.7B BBB infra projects

Republika

Thirty out of 104 infrastructure projects under the updated “Build, Build, Build” program of the administration will be undertaken by the private sector through the government’s Public-Private Partnership (PPP).

The 30 infrastructure projects that will be undertaken under the PPP include the following:
• P735.7B New Manila International Airport in Bulacan
• P102.1B rehabilitation of the Ninoy Aquino International Airport
• P81.5B C5 Metro Rail Transit (MRT)-10
• P78.9B Cebu Monorail System
• P75B MRT-7
• P71.1B MRT-11
• P50.4B Light Rail Transit (LRT)-6 Cavite Line A, Phases 1 and 2
• P45.8B Laguindingan Airport
• P39.5-billion Davao International Airport
• P25.2B Cavite-Tagaytay-Batangas Expressway
• P23.9B Tarlac-Panga-sinan-La Union Expressway Extension
• P23.3B North Luzon Expressway-South Luzon Expressway Connector Road
• P19.2B Bacolod-Silay Airport
• P12B North South Luzon Expressway Harbor Link Extension to Anda Circle
• P4.6B Iloilo International Airport
• P3.8B Kalibo International Airport
• P3.8B New Bohol (Panglao) International Airport
• P3.5B Fort Bonifacio-Makati Sky Train
• P87.3B Quezon-Bicol Expressway
• P45.3B Southeast Metro Manila Expressway
• P44.9B Metro Manila Skyway Stage 3
• P20B Wawa Bulk Water Supply
• P18B New Clark City Phase 1
• P14.9B Clark International Airport Expansion Phase 1
• P13.1B Southern Luzon Expressway Toll Road 4
• P12.6B C5 Southlink Expressway
• P4B Taguig Integrated Terminal Exchange and
• P46-million Agus 3 Hydroelectric Power Project.

Two other unsolicited PPP projects listed under the BBB were recently approved by the National Economic Development Authority (NEDA).

However, these projects which include the Metro Cebu Expressway worth P26.6-billion has not yet been decided whether it will be undertaken through PPP or to be funded by the national government while the P64.9-billion Metro Manila Line 1 Cavite Extension will either be financed and implemented through PPP or official development assistance (ODA).

According to NEDA chief Karl Kendrick Chua, the 104 big ticket infrastructure projects totaled P4.13 trillion of which P1.73 trillion will come from the private sector through PPP.

Chua also said that all of the 104 projects will commence in 2021 as this is one of the basis in the selection apart from the agency’s response to cushion the effect of COVID-19 pandemic since this will provide job opportunities to Filipinos.

Other considerations for the selection of projects are transport and mobility, power, water, information and communications technology and urban development and renewal.

The administration at first wanted to do away with the implementation of projects under PPP due to provisions which it described as disadvantageous like government guarantees and subsidies.

To avoid this, the government will re-negotiate PPP contracts and will offer other available remedies to stakeholders.


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