Rail, Transport Dominate PHP3.16 Trillion Public-Private Partnership Project Pipeline

May 252 proyekto ang nakalinya sa PPP pipeline, kung saan dominado ng rail at transport sector ang investments.

Rail, Transport Dominate PHP3.16 Trillion Public-Private Partnership Project Pipeline

By PAGEONE Business Today
18
By PAGEONE Business Today
18

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The Philippines currently has 252 projects worth PHP3.16 trillion in the pipeline to be undertaken by the government and the private sector.

Data from the Public-Private Partnership (PPP) Center showed that as of Monday, 168 projects worth PHP3.02 trillion will be implemented by the national government while 84 projects worth PHP136.26 billion will be implemented by local government units.

Railway accounted for the biggest chunk with total projects amounting to PHP1.97 trillion, followed by land transport, PHP274.06 billion; and property development, PHP221.46 billion.

PPP data showed that majority or PHP2.02 trillion worth of projects will be implemented by the Department of Transportation, while PHP1.22 trillion worth of projects will be implemented by the Philippine National Railways.

Majority of these projects will be located in the National Capital Region, Central Luzon, and Ilocos Region. (PNA)

Business Today