P602-B worth of PPP projects to be rolled out by June
MANILA, Philippines - Eighteen major infrastructure projects worth P602.2 billion under the public private partnership (PPP) program will be rolled out by the Aquino administration before June 2015.
Cosette Canilao, PPP Center executive director, said these projects are part of the 47 PPP projects in the pipeline.
"This is product of about two years of streamlining processes of establishing interaction between various government agencies including capacities not only in the public sector but increasing the appreciation of the private sector on PPP projects," she said.
The biggest project is the P265.3 billion-North-South commuter rail project, which will be launched in November.
The P132 billion proposed subway system Mass Transit loop will be launched in December.
Several airport operation and maintenance projects will be launched in September, namely the P39.7 billion Davao Airport, P29.7 billion Iloilo Airport, P19.8-billion Bacolod Airport, P14.3 billion Laguindingan Airport, P5.01 billion Puerto Princesa airport and the P2.28 billion new Bohol (Panglao) Airport.
Other projects to be launched are the P39.4 billion Regional Prison Faciities, P18.9 billion Motor Vehicle Inspection System and P381.2 million Tanauan City public market.
Several projects such as the San Fernando Airport, the Batangas-Manila natural gas pipeline, the Manila Bay-Pasig Ferry-Laguna lake ferry and the proposed extension of the LRT-1 to Dasmarinas, Cavite, are also being proposed, although the project costs are still being determined.
Canilao said the roll out of PPP projects is in full swing, with the award of seven PPP projects worth P68 billion since 2010.
"This is also a product of further refining the legal and regulatory framework," she said.
The government is also also set to award the P65 billion LRT 1 Cavite extension project as and P35.4 billion Cavite-Laguna expressway project. However, the awarding of the projects faces delays due to legal issues raised by other bidders.
Four projects are now under procurement, including the P123 billion Laguna Lakeshore Expressway Project, the P4 billion Integrated Transport System (ITS) South terminal, the P2.5 billion ITS Southwest terminal and the Bulacan Bulk Water supply project.
Transportation Secretary Joseph Emilio Abaya said it is the government's top priority to conduct fair and open bidding for teh projects.
"It was very clear from the President’s State of the Nation Address that we have been making great strides in generating investments and building infrastructure to benefit the country. Now that we’ve entered the last third of the President’s term, it’s timely that we assess what can be realistically done over the next two years," Abaya said.
For the DOTC, the biggest project to be undertaken is the new airport at Sangley Point, Cavite, as proposed by the Japan International Cooperation Agency.
Other PPP projects under the DOTC include P3.8 billion Metro Rail Transit line 3 capacity expansion project, the P25.6 billion Metro Manila Skyway stage 3 being undertaken by San Miguel, and the P18 billion connector road of Metro Pacific Investments Corp.