Gov’t Readies Auction of Biggest PPP
The Transportation department’s biggest public private partnership (PPP) project yet, the PhP271-billion North-South Commuter Railway in Luzon, is expected to be offered to investors in the latter part of the year through early 2015 as it pursues big-ticket deals deemed crucial in driving future economic growth.
Transportation Secretary Joseph Abaya told reporters last week that they were studying a hybrid PPP structure for the railway deal, meaning part of the project that aims to link Malolos in Bulacan to Calamba in Laguna, will be funded by the government and the rest by the private sector.
Source: Philippine Daily Inquirer