As the Philippines continues to focus on strengthening its economy, Public-Private Partnerships (PPPs) are emerging as crucial drivers of infrastructure development. In line with this, the British Chamber of Commerce Philippines (BCCP) is set to host an event titled “Public-Private Partnerships in Action: Transforming Infrastructure and Services” on 29 April 2025 at 4:00 PM, at the Makati Commerce Tower.
Among the confirmed speakers for the event are Hon. Maricar Bautista, Transportation Spokesperson for Business Infrastructure at the Department of Transportation (DOTr), and Hon. Ma. Cynthia C. Hernandez, Executive Director of the Public-Private Partnership (PPP) Center. Their insights are expected to offer valuable perspectives on the current state and future of PPPs in the country.
As of March 2025, the Philippines has 176 projects in the pipeline, collectively valued at P2.60 trillion. With these significant investments, the country is poised for further economic growth. However, to fully realize the potential of these projects, the effective implementation of the new PPP Code is crucial. This will not only enhance the investment climate but also attract both domestic and international investors, ensuring that these projects come to fruition.
National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan highlighted the importance of innovative financing solutions in advancing infrastructure projects. "Our discussions also underscored the importance of innovative financing solutions. With concessional loans becoming less accessible, we recognize that Public-Private Partnerships (PPPs) will play a greater role in infrastructure development," Balisacan noted.
This sentiment is echoed by BCCP Executive Chairman Chris Nelson, who previously emphasized the need for strong infrastructure to sustain the country’s projected 6% GDP growth. “The Philippines needs strong infrastructure to sustain 6% GDP growth, and UK investors are eager to support key projects,” Nelson said.
Further advancing the country’s infrastructure agenda, the recent inaugural UK-Philippines Joint Economic and Trade Committee (JETCO) meeting underscored the importance of a government-to-government Financing Framework Partnership. This partnership aims to facilitate infrastructure development programs between the two nations, along with the establishment of an Infrastructure Sectoral Working Group to help accelerate the implementation of these programs.
These collaborative efforts between the Philippine government, the private sector, and international partners like the UK are expected to significantly boost the country’s economic growth. By fostering strong public-private collaborations, the Philippines is taking essential steps to meet its infrastructure needs and maintain a competitive edge in the global market.