PH’s first subway system included in P602 billion worth PPP projects

Private-Public Partnership Center executive secretary Cosette Canilao said 18 major infrastructure projects worth PhP602.2 billion will be launched before June 2015.

“We have identified these 18 projects which we are to roll out by June of 2015.” These projects are among 47 PPP projects included in the pipeline.

“This is product of about two years of streamlining processes of establishing interaction between various government agencies including capacities not only in the public sector but increasing the appreciation of the private sector on PPP projects,” PPP Center executive secretary said.

One of the biggest ticket in the list is the first subway system in the country. It is a 12-kilometer underground rail line that will connect Bonifacio Global City, Makati Central Business District and the Mall of Asia in Pasay City. The project will cost P132 billion, project launching is expected on December.

Another big ticket, the biggest, is the PhP265.3 billion North-South Commuter Rail project aiming to modernize the PNR Railway system. Project is expected to be launched on November.

Included in the 18 major infrastructures are the development of airport in Davao, Iloilo, Bacolod, Laguindingan, Bohol and Puerto Princesa. These projects are expected to be open for bidding next month.

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