PPP Center drafting pipeline for 2013, 2014
MANILA, Philippines - The Public Private Partnership (PPP) Center is drafting the list of projects to be included in the pipeline for 2013 and 2014.
In an interview at the sidelines of the 2012 Philippine Energy & Infrastructure Business Meeting on Tuesday, September 25, PPP Center Executive Director Cosette Canilao said the projects to be included in the list will depend on how viable they are for PPP financing.
"Initially we have 22 in our pipeline, 8 of that we intend to rollout this year. The rest probably next year but we don't stop. We're still developing new projects for rollout 2013 to 2014," Canilao told reporters.
Canilao said the PPP Center's current pipeline includes projects worth $4.8 billion. These projects include 8 transportation projects worth $1.88 billion; 4 road network projects worth $1.29 billion; and 3 water sector projects worth $1.08 billion.
Other projects include two health sector projects worth $126 million; 2 agriculture projects worth $186.9 million; 2 Local Government Unit projects worth $6.28 million; and an education project worth $233 million.
Canilao added that there were 14 PPP projects approved to obtain financing for pre-feasibility studies under the Project Development and Monitoring Facility (PDMF). These 14 projects were able to obtain funding worth $16 million.
The PPP Center said it still has $33.5 million left in the PDMF. This includes $7 million from the Philippine government; $6 million from the Australian Government which is administered by the Asian Development Bank (ADB); $9 million additional from the Australian Government, also administered by ADB; and $11.5 million counterpart contribution of the Philippine Government. - Rappler.com