program showcased in international conference
TORONTO, CANADA, Nov. 6 -- The Philippines’ Public-Private Partnership
(PPP) Program was featured in the recently concluded 23rd Annual Canadian
Council for PPPs National Conference on PPPs in Toronto, Canada last
“Transparency is one of the best practices that we are applying in the
Philippine PPP Program,” Executive Director Cosette V. Canilao said. “We've
brought back integrity in our bidding processes and we have a very
systematic way of interacting with private sector during project prep and
bid process which is very transparent.”
The Philippines has already awarded 10 PPP contracts to the private partners
and has over 40 projects in the current pipeline: 14 under procurement, two
for rollout, and seven for approval.
Transportation projects, both land and sea, are the country’s present
priorities. Canilao explained the urgent need to develop airports and
improve services especially that the Philippines is an archipelago.
“Since the PPP program was relaunched by President Aquino, we worked with
multilateral partners, private sector institutions and with various
government agencies in setting the platform to enable PPP in the
Philippines,” Canilao said.
In April this year, the Philippines has been recognized as most improved
country in Asia-Pacific for PPP readiness in The Economist Intelligence Unit
report. The Philippines recorded the most-improved regulatory and
institutional frameworks, which is the result of significant regulatory
reform in recent years, new bidding and selection procedures and better
dispute resolution mechanisms.
Moreover, the Philippines has issued various PPP policies to make sure
environment for private sector participation is quite attractive. Due to
these different improvements, it moved up from an emerging PPP market to a
developed PPP market alongside countries like Republic of Korea, Japan, and
Representatives from the public and private sector not only from Canada but
other parts of the globe participated in the yearly gathering. (PPP)