The fiscal administration under President Rodrigo Duterte is boasting of its makeover of the Public-Private Partnership (PPP) program with the adoption of a “new” approach to fast-track the implementation of two road projects in Luzon. Finance Secretary Carlos Dominguez III said that under the hybrid PPP formula, the government selects, finances and builds big-ticket projects […]
Big money projects under the government’s Public Private Partnership program is a crowd drawer among investors. The P171-billion South Line of the North South Railway Project (NSRP) under the public-private partnership (PPP) program has attracted five firms already. Leading the pack of parties interested include Ayala Corp., Metro Pacific Investments Corp., San Miguel Corp., IL&FS, […]
Property behemoth Ayala Land Inc. on Tuesday won a bid to build and operate the P4-billion Integrated Transport System Project–South Terminal under the public-private partnership (PPP) scheme. The company will be awarded by the Department of Transportation and Communications with a 35-year concession agreement to build and operate the ITS South project. The project will […]
MANILA, April 10 –The P170.7-B North-South railway project- South Line to boost Bicol economy. The Bicol region will get the needed business and economic upliftment in the proposed P170.7 billion North-South Railway Project- South Line. Once completed, it is seen to considerably shorten the travel time from Manila to the region and pave the way […]
For the past 100 years, the virtually untouched gravel and muddy Siruma-Tinambac secondary national road on rainy season here, now get the full attention of the national government after a strong representation by 4rth district Congressman Felix William “Wimpy’ Fuentebella, backed by Gov. Miguel Luiz ” Migz” Villafuerte, for concreting.