Philippine Government to hold conference on Public-Private partnerships on Nov. 17 to 19

November 11, 2010 press release by the Presidential Communications Development and Strategic Planning Office
The Philippine Government, in cooperation with its partners in the private sector, will be holding “Infrastructure Philippines” from November 17 to 19, 2010. The milestone conference will examine investment opportunities, profiles of Public-Private Partnerships (PPP) projects in the Philippines, as well as policy, regulatory and legal concerns in developing the infrastructure sector in the country. It will be held at the Manila Marriott Hotel in Pasay City.
President Benigno S. Aquino III will address the forum, along with other high-ranking government officials, investors, regulators, international and local industry players.

“This could only have been possible now, when the daylight of transparency and accountability has begun to shine on government,” said Communications Secretary Ricky Carandang. He added that the “newfound trust in our institutions, along with the administration’s efforts to empower the private sector, has made partnering with government a very enticing prospect. Alam nilangabove-board na ang lahat ng deal, at hindi na sila kailangang pahirapan pa para lang makapag-invest sa Pilipinas. (They know that all deals will now be above-board, and that they will not have to go through so many difficulties in order to invest in the Philippines.)”
Carandang went on to enumerate the reforms that have been undertaken by the Aquino administration, among them a streamlined process for the acquisition of new business names. “We are cutting down red tape. The government is committed to become a facilitator rather than an obstacle for equitable economic growth. Win-win ito para sa mga kumpanya, para sa gobyerno, at higit sa lahat, para sa taumbayan. (This is a win-win situation for the companies, for government, and above all, for the people.)”
Public-private partnerships are a key focus of the Aquino Administration’s socioeconomic agenda, which aims to achieve the high and sustained economic growth needed to generate jobs. The government has also committed to channel the gains from PPP’s into essential social services, such as those in education, health, and poverty alleviation.
Last September 9, 2010, President Aquino signed Executive Order No. 8 reorganizing and renaming the Build-Operate and Transfer (BOT) Center into the Public-Private Partnership (PPP) Center of the Philippines, in order to fast-track the implementation of PPP programs and projects
The government recognizes the essential role of the private sector as the main engine for equitable national growth and development, and thus aims to provide an enabling environment for private sector investment—a stable macroeconomic environment, with sound and consistent public policies that will be implemented.
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