The Public-Private Partnership (PPP) Centre has announced plans to develop more climate-related projects in the Philippines. In line with this, projects with a combined value of PHP7.2 billion are under various stages of planning. Out of the total, around 63 projects will be in the country’s transportation sector, including roads, airports, ports development. Other priority projects include solid waste management projects and water supply projects.
PPPs in these sectors will provide alternative funding sources in the face of the limited budgetary headroom of the government. PPPs will also provide access to technology, operational, and managerial knowledge to implementing agencies.
The Government of the Philippines is also expected to consider PPPs as an investment strategy for other projects including information and communications technology (ICT), disaster risk reduction, and green infrastructure. The government had previously avoided PPP investments due to provisions such as subsidies and guarantees.
