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MALACAÑAN PALACE |
Local governments play a necessary role in realizing our nation's development agenda. Their success, specifically in the implementation of their various infrastructure projects, is a testament to the evolving maturity of their leadership and the committed level of their involvement to realize projects that spur progress for the country. Local governments are in a better position to determine the kind of infrastructure projects that would prove beneficial to their constituents and to the local economy. These decisions are reached through a consultative approach that is the hallmark of a working democracy.
Public-private partnerships done at the local level has an encouraging rate of success. Limited funding, when proficiently allocated to technical expertise and appropriate resources, results in a faster and more efficient delivery of projects.
This Manual on Public-Private Partnerships for LGUs provides a systematic framework to help our local governments achieve what they have envisioned for their constituencies. Indeed, this framework will help stakeholders to navigate PPP requirements and orient them on the procedures of project management, thus assuring both the investors and the public that these partnerships will conform to the principles of transparency, accountability, and good governance that are the underlying foundations of our Social Contract with the Filipino People.
Let us continue working together to sustain this momentum of development and reap the fruits of this era of daylight and reform.
BENIGNO S. AQUINO III
MANILA
March 2012