Opportunities
For those considering investing in PPP projects in the South East Asia region, the Philippines presents an enticing investment opportunity, given the Government’s demonstrable commitment to PPPs as evidenced by the establishment of the country’s PPP Center and the healthy pipeline of PPP projects coming to market.
The PPP Center
The PPP Center of the Philippines (PPP Center) is an agency attached to the National Economic Development Authority (NEDA, the independent planning agency
of the Government of the Philippines) which is responsible for facilitating, co-ordinating and monitoring Government PPP programmes and projects by acting as an oversight agency in their programming, implementation, monitoring and evaluation. It also serves as an information repository on PPP contracts and reports annually regarding the status of the PPP programme.
The PPP Center has been very successful to date in working with the various implementing agencies to build a pipeline of projects. It has also shown a willingness to listen to the market and the concerns of market participants, and to adjust its PPP programme accordingly. The PPP Center has been increasingly active in marketing the pipeline of PPP projects to foreign investors and finance providers. The strength of the PPP Center has been a key success factor in building sufficient momentum and interest to drive forward the Government’s PPP programme.