By Danessa O.
Rivera (The Philippine Star) | Updated June 15, 2015 - 12:00am
The Aquino
administration aims to award 15 PPP contracts within its term. So far, nine PPP
projects with a total indicative cost of P136.37 billion were awarded since
2010. File
photo
MANILA, Philippines -
Four Public-Private Partnership (PPP) projects worth P141.52 billion are tabled
for approval at the National Economic and Development Authority (NEDA)
committee level meeting today.
The projects will be
tackled by the joint NEDA Investment Coordination Council Technical Board and
Cabinet Committee (ICC-TB and CC) in a meeting today, PPP Center deputy
executive director Eleazar Ricote said in an interview last week on the
sidelines of the Asia Pacific Economic Cooperation (APEC) Senior Finance
Officials’ Meeting in Bagac, Bataan.
Three projects are under
the Department of Transportation and Communications (DOTC), namely the
P6.28-billion C-5 Modern Bus Transit System Project, the P50.15-billion
Ortigas-Taytay LRT Line 4 Project and the P74.56-billion Ninoy Aquino
International Airport (NAIA) Development Project.
The remaining project is
the P10.53-billion Batangas-Manila (BatMan) 1 Natural Gas Pipeline Project of
the Philippine National Oil Co. (PNOC).
The projects are listed
in the PPP Center website as “projects that are currently undergoing evaluation
by the appropriate government body.”
Once approved by the
NEDA ICC-TB and CC, the projects will be endorsed to the Cabinet level NEDA
Board led by President Aquino for final approval, Ricote said.
“[There’s a] high chance of these being
approved [since] these are priority projects,” he said.
The C-5 Modern Bus
Transit System Project will improve the connectivity of the cities of
Paranaque, Taguig, Makati, Quezon City and Valenzuela with a Bus Rapid Transit
(BRT) system along the C-5 corridor.
The Ortigas-Taytay LRT
Line 4 Project is a proposed 11-kilometer rail line running west from the SM
City at Taytay to the intersection of Ortigas Avenue and EDSA in Ortigas.
The NAIA Development
project, on the other hand, will improve, upgrade and enhance the operational
efficiencies of all existing terminals of NAIA to meet the International Civil
Aviation Organization (ICAO) standards.
Meanwhile, the BatMan 1
Natural Gas Pipeline Project of PNOC, so far the only energy-related project
under the flagship PPP program of the Aquino administration, involves the
construction of a 121-kilometer transmission pipelines from Batangas to Metro
Manila.
The Aquino
administration aims to award 15 PPP contracts within its term.
So far, nine PPP
projects with a total indicative cost of P136.37 billion were awarded since
2010.
These include the Daang
Hari–South Luzon expressway link road (P2 billion), PPP for School
Infrastructure Project phase 1 (P8.86 billion), the PSIP-2 (P16.28 billion),
the modernization project for the Philippine Orthopedic Center (P5.98 billion),
the Ninoy Aquino International Airport expressway (P15.52 billion), the
automated fare collection system project (P1.72 billion), the Mactan–Cebu
international airport expansion project (P17.5 billion), the Light Rail Transit
line 1 Cavite extension project (P65 billion), and the Integrated Transport
System ITS – Southwest Terminal (P3.15 billion).
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