MANILA, Philippines - The government has identified P128 billion worth of infrastructure projects to be prioritized next year through public-private partnerships (PPPs).
The projects include the extension of the Light Railway Transit in Metro Manila, new airports and terminals in Bohol, Pampanga, Laguindingan, Puerto Princesa and Daraga, a road linking the north and south luzon tollways, and a water supply project in Manila.
Another P263.5 billion worth of infrastructure projects and P348.5 billion of power projects will be launched via PPPs from 2012 to 2016.
All in all, the government said P740 billion worth of projects will be coursed through PPPs.
Socio economic planning Secretary Cayetano Paderanga has promised to fast-track approval time for PPP proposals. - Report from ANC