World Bank unit sees 15 PPP projects as key to ASEAN connectivity

09 Jan


15 PPP projects in the Philippines have been identified by the World Bank’s Singapore Infrastructure Hub as key projects for ASEAN’s plans to improve the region’s connectivity with the rest of the world.

The following PPP deals have been identified as “essential infrastructure” for realizing “the Master Plan for ASEAN connectivity:”

The PHP 5.81 billion operations, maintenance and redevelopment of the Puerto Princesa Airport; the PHP 30.40 billion operation and maintenance (O&M) of the Iloilo Airport; the PHP 14.62 billion Laguindingan Airport O&M;

the PHP 4.57 billion Enhanced O&M of New Bohol (Panglao) Airport; the PHP 5.81 billion O&M of Puerto Princesa Airport; the PHP 40.57 billion O&M of Davao International Airport;

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the O&M of the Ninoy Aquino International Airport; the PHP 8.1 billion upgrading of the San Fernando Airport; the PHP 18.99 billion Davao Sasa Port Modernization Project; the PHP 177.22 billion North-South Commuter Railway (South Line);

LRT2 O&M contract; the PHP 15.77 billion NLEX East Expressway; the PHP 7.64 billion Central Luzon Link ExpresswayPhase II; the PHP 2.34 billion Improvement and O&M of Kennon Road and Marcos Highway; and the PHP 151.78 billion Plaridel Bypass Toll Road.

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Posted by on January 9, 2015 in Local News, Stock Market


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