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National Economic and Development Authority |
The Public-Private Partnership (PPP) program has been adopted by the country as an important strategy to accelerate growth in the infrastructure industry. This, coupled with a strong business climate and good governance, has increased investor confidence in the Philippines as international financial institutions and foreign investors express renewed interest to bring their businesses to our shores.
This optimistic investor confidence, in turn, translates to increases in investments, production, consumption and growth. With the Philippine economy in the upturn, we can expect a 5.0 to 6.0 percent growth rate for this year.
It is time to act swiftly and boldly to take advantage of these gains. I encourage our local governments to ramp its local infrastructure projects through the PPP scheme and take advantage of what this arrangement has to offer, thereby creaeting more jobs and improving the quality of life of the Filipino.
This manual on Public-Private Partnerships for Local Government Units (LGUs) is envisioned as a tool that should guide its users among local governments in developing infrastructure projects using PPP processes. The Manual contains a concise methodology of developing projects under the PPP scheme, offering instruction in all aspects of project development and management.
Let this Manual direct you into creating well-prepared PPP projects that are founded upon the principles of sustainability, precision and transparency.
The infrastructure projects that emerge from this initiative will be your legacy to the Filipino people to whom you have vowed to serve with commitment and integrity.
CAYETANO W. PADERANGA JR.