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According to sources, the Philippines' National Economic and Development Authority (NEDA) Board has plans to approve three public private partnership (PPP) projects.
According to PPP Center executive director Cosette Canilao, the three transport PPP projects, the Ninoy Aquino International Airport (NAIA) Development Project, the Light Rail Transit (LRT) Line 4 and LRT Line 6, are part of the agenda of the NEDA Board.
Additionally, the NEDA Board has also announced plans to approve some amendments to existing projects including the P122.8-billion Laguna Lakeshore Expressway Dike project.
The Asian Development Bank (ADB) has estimated that Philippines' infrastructure requirements are approximately US$127 billion during the period between 2010 and 2020.
The country is currently working on several tender processes to award PPP projects. Throughout last month we have reported on six PPP projects in tender stage: