Pri­vate part­ners in gov’t in­fra projects sought

Sun.Star Davao - - BUSINESS -

MANILA -- The govern­ment ex­pects all re­gions to sub­mit their en­dorsed list of projects so it can be de­ter­mined which among them may be pur­sued through the pub­lic-pri­vate part­ner­ship (PPP) mode, as the coun­try opens up to pri­vate sec­tor par­tic­i­pa­tion in in­fra­struc­ture projects.

Ado­ra­cion Navarro, Na­tional Eco­nomic and De­vel­op­ment Au­thor­ity (Neda) Un­der­sec­re­tary for Re­gional De­vel­op­ment, said the Neda Re­gional De­vel­op­ment Of­fices tar­get to come up with PPP projects which the pri­vate sec­tor “might find these very at­trac­tive.”

Navarro cited a ten­ta­tive list of po­ten­tial PPP projects sub­mit­ted for Davao re­gion, in­clud­ing pos­si­ble mono­rail in­ter­city project, the Davao air­port project, Mati City agri-fish­ery cen­ter, de­vel­op­ment of Tagum City aqua­cul­ture com­plex, and es­tab­lish­ment of ca­cao pro­cess­ing plant.

“That’s a sam­ple of only one re­gion and in­puts are com­ing in. We hope to come up with a list for all the re­gions and make this avail­able for the pri­vate sec­tor,” she told the me­dia on Thurs­day.

Navarro en­cour­aged the busi­ness sec­tor to look at the projects, which she be­lieves has knowl­edge in the vi­a­bil­ity of po­ten­tial PPP projects.

“The list that we will be able to come up prob­a­bly are not re­ally com­pletely po­ten­tial PPP projects. We have to sub­ject them to an as­sess­ment of the pri­vate sec­tor,” she added.

Un­der the 2017-2022 Pub­lic In­vest­ment Pro­gram, the NEDA has iden­ti­fied some 4,490 in­fra­struc­ture pro­grams and projects, bulk of which are lo­cated in the re­gions.

Newspapers in English

Newspapers from Philippines

© PressReader. All rights reserved.