President Ferdinand Marcos Jr. has reorganized the Public-Private Partnership Governing Board in a bid to boost private sector participation in big-ticket projects of the government.
President Ferdinand Marcos Jr. has reorganized the Public-Private Partnership Governing Board in a bid to boost private sector participation in big-ticket projects of the government.
In particular, the EO No. 8 reorganized the Build-Operate-Transfer Center and renamed it as the PPP Center, an attached agency to the National Economic and Development Authority mandated to serve as the central coordinating and monitoring agency for all PPP projects in the country. As the overall policy-making body for all PPP-related matters, including the Project Development and Monitoring Fund , EO No. 30 states that the PPPGB will also be responsible “for setting the strategic direction of the PPP Program and creating an enabling policy and institutional environment for PPP,” according to the PCO.
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