ADB: Government can attract more private capital for projects | Cai U. Ordinario

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ADB: Government can attract more private capital for projects | Cai U. Ordinario
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The Asian Development Bank (ADB) believes there is room to attract more Public Private Partnerships (PPPs) in the Philippines amid an increase in demand for private sector financing. Know more:

Incheon, South Korea—The Asian Development Bank believes there is room to attract more Public Private Partnerships in the Philippines amid an increase in demand for private sector financing.

“[On the] thinning of private capital, I think it’s not going to be the case because investors are everywhere. There are stronger private sector investors in the Philippines, there are a lot more that are interested in this market from international markets,” Aoki said. “In the Philippines we have one of the most hectic pipelines and we are very, very honored to be entrusted with these big projects,” Kawawaki said.

She also said the list includes the O&M of the North-South Commuter Railway connecting Metro Manila and Calamba, located in Laguna Province around 50 kilometers south of Manila. The ADB is also taking a look at a number of the MRT rail projects in the country as well.

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