251 Public-Private Partnership Projects Worth PHP3.1 Trillion In The Pipeline

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251 Public-Private Partnership Projects Worth PHP3.1 Trillion In The Pipeline

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The Philippines currently has 251 projects worth PHP3.10 trillion in the pipeline to be undertaken by the government and the private sector, data from the Public-Private Partnership (PPP) Center showed.

As of Wednesday, 165 projects worth PHP2.97 trillion will be implemented by the national government while the remaining 86 projects worth PHP127.58 billion will be implemented by local government units.

Data indicated that railways continued to account for the biggest chunk with total projects amounting to PHP2.30 trillion.

Aviation followed with PHP1.20 trillion, and road, PHP942.5 billion.

Majority of these projects will be located in the National Capital Region, Central Luzon and Calabarzon.

Meanwhile, PPP data showed that a total of 288 projects worth PHP3.58 trillion are already under implementation.

Of the total, 184 projects worth PHP2.52 trillion are being implemented by the national government, while 104 projects worth PHP1.05 trillion are being implemented by local government units. (PNA)