Government eyes PPP projects in South Cotabato
The government is looking at developing public-private partnership projects in South Cotabato in a bid to boost the local economy.
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The government is looking at developing public-private partnership projects in South Cotabato in a bid to boost the local economy.
The NEDA said the amendments aim to facilitate the development of “well-structured PPPs that deliver high quality services to the people, protect the public from excessive payments and undue guarantees arising from PPP projects, and promote the interests of Filipinos, who ultimately pay for the costs and returns of private proponents of PPP projects.”
Socioeconomic Planning Secretary andBOT IRR Committee chairmanKarl Kendrick Chua (file photo) MANILA - The Duterte administration seeks to amend the implementing rules and regulations (IRR) of the build-operate-transfer (BOT) law. To pursue the amendments of the BOT IRR, President Rodrigo R. Duterte designated Socioeconomic Planning Secretary Karl Kendrick Chua as the chairman of the BOT IRR Committee. This committee is composed of the National Economic and Development Authority (NEDA), the Departments of Finance, Agriculture, Energy, Environment and Natural Resources, Information and Communic...