Gov't to hold PPP forum next month

ABS-CBN News

Posted at Mar 31 2015 07:21 PM | Updated as of Apr 01 2015 03:33 AM

MANILA – Government is set to hold this year's first public-private partnership (PPP) forum next month to lure both international and local financial institutions to fund major infrastructure projects.

Cosette Canilao, executive director of the PPP Center, said the PPP forum dubbed as Invest PPPs @PH: Bridging The Financial Gap, Exploring Partnerships will be held on April 24.

More than 200 participants are expected to attend the event.

PPP Center has tapped BPI Capital Corp., Macquarie Capital, Sumitomo Mitsui Banking Corp., and Sun Life Financial as partners for the event.

The forum will feature four sessions, namely the Philippine Bond Market-Exploring Issuance of Project Bonds for PPPs; the Project Financing of PPPs-Challenges in Emerging Markets; the importance of sovereign guarantees for PPPs; and creating a suitable environment for infrastructure investment to attract institutional investors to Philippine PPPs.

Among the speakers at the forum are BPI Capital president Daniel Montecillo; Infrastructure, Utilities and Renewables Asia executive chairman John Walker AM; Sumitomo Mitsui Bank power and infrastructure advisory investment banking Asia head Valery Tubbax; and Sun Life marketing director Michael Manuel.

Since 2010, government has awarded nine PPP projects with a total indicative cost of P136.37 billion.

These projects include the Daang Hari-South Luzon expressway link; the Ninoy Aquino International Airport expressway; the Mactan-Cebu international airport expansion project; and the Light Rail Transit-Line 1 Cavite extension project.