TOKYO, Japan (Mabuhay) – Another major Public-Private Partnership (PPP) project will be rolled out this month, President Aquino said here Tuesday.
In his message during the get-together with members of the Filipino community in Japan, held at the Okura Hotel, President Aquino said his administration has been aggressive in pursuing major PPP projects for the benefit of the country.
“Mula nga po Disyembre 2011 hanggang nitong Mayo, nakapag-award at nakapaglagda na ng siyam na PPP projects ang inyong pamahalaan at inaasahang madaragdagan pa ito ng isa ngayong buwan,” he said.
President Aquino reported that 15 PPP projects are in the pipeline, and are already in the process of procurement and roll-out.
He noted that under the “tuwid na daan” good governance, his administration has surpassed the number of solicited PPP projects approved under the past three administrations.
Only six PPP projects were approved during the Ramos, Estrada and Arroyo governments, he said.
Once the government rolls out the 15 projects already in the pipeline, including the nine projects already approved, there will be a total of 24 projects under the present government, he said.
“Apat na ulit po ito ng mga proyektong natapos kung kinumpara sa pinagsamang tatlong administrasyong nauna sa atin,” he said.
He attributed the increased participation of the private sector in PPP projects to the government’s anti-corruption initiatives.
Reforms in government have created a much better playing field for businesses, increasing competition among the players and boosting investor confidence, he said.
The President also lauded the Department of Public Works and Highways (DPWH) for its reform initiatives.
Under the leadership of Secretary Rogelio Singson, President Aquino said the DPWH has been choosing the right projects at the right cost with better quality and timetable.
Efficient management in the DPWH has resulted in P39 billion in savings as of March this year, he said. (MNS)