Philippines

Public-Private Partnerships by Local Government Units

Business & Finance, Economics, Economic Development, Nonfiction, Social & Cultural Studies, Social Science
Cover of the book Philippines by Asian Development Bank, Asian Development Bank
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Author: Asian Development Bank ISBN: 9789292575960
Publisher: Asian Development Bank Publication: November 1, 2016
Imprint: Asian Development Bank Language: English
Author: Asian Development Bank
ISBN: 9789292575960
Publisher: Asian Development Bank
Publication: November 1, 2016
Imprint: Asian Development Bank
Language: English

The Philippine infrastructure gap is prominent at the local government level. This study looks at past experiences of public-private partnership (PPP) projects of local government units (LGUs) in the Philippines. It reviews international experiences of PPPs at the local level and draws lessons from the successful revival of the Philippine PPP program at the central government level. The study then suggests ways forward to help LGUs prepare bankable PPPs, ensure efficient project procurement, enhance financial viability of PPPs, and strengthen LGUs' PPP legal and institutional frameworks to enable leveraging more private investment in local economic and social infrastructure.

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The Philippine infrastructure gap is prominent at the local government level. This study looks at past experiences of public-private partnership (PPP) projects of local government units (LGUs) in the Philippines. It reviews international experiences of PPPs at the local level and draws lessons from the successful revival of the Philippine PPP program at the central government level. The study then suggests ways forward to help LGUs prepare bankable PPPs, ensure efficient project procurement, enhance financial viability of PPPs, and strengthen LGUs' PPP legal and institutional frameworks to enable leveraging more private investment in local economic and social infrastructure.

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