Yesterday, I attended one of the most informative seminars ever. Organized by Center for Global Best Practices, organized by its founder and president, Henry B. Aquende, a very kind, friendly and generous person.
The Center for Global Best Practices, in collaboration with Forensic Solutions, invited LGUs, National Government Agencies, Private Companies who want to participate in PPPs in LGUs, Banks and Financing Institutions, Law Firms, Non-Governmental Organizations, Foundations, Funding and Donor Agencies and those interested in PPP, to attend this one-day pioneering seminar entitled, “Public-Private Partnerships for LGUs“, was scheduled yesterday, Thursday, January 30, 2014 at the Edsa Shangri-La Hotel, Mandaluyong City, Philippines.
The Brilliant, Energetic and Excellent Lecturer, Atty. Alberto C. Agra. Justice Agra is the President of Forensic Law and Policy Strategies. He single-handedly conducted, in a seamless manner, the whole day seminar.
Atty. Alberto C. Agra is popularly known for drafting the model PPP Code for LGU’s. He has been teaching Law on Public Corporations/ Local Governments for 19 years at the Ateneo de Manila College of Law. He was also the former Acting Secretary of Justice, Acting Solicitor General and Government Corporate Counsel.
In this fist part, I will simply go into the basic concepts of PPP.
The Seminar was for how LGU’s can develop a local PPP Framework, based on the inputs, Leagal structure, Modalities, and methods on Implementing PPP Projects for LGU’s.
The capacity building technical assistance will help the Government of the Philippines (i) improve PPP enabling framework, (ii) strengthen institutional set-up and capacity in PPPs, (iii) help establish infrastructure investment financing and risk guarantee mechanisms to facilitate private sector interest, and (iv) help structure bankable PPP projects through sustainable project development financing.
Inadequate infrastructure is a major development constraint in the Philippines. Infrastructure development has not kept pace with continued population growth and increasing urbanization. From a peak of 6% of GDP in 1998, private infrastructure investments have declined to below 1% over the past decade. The Philippines has had successful experience with PPPs in the power sector. The Government has shown strong commitment to moving PPP agenda forward. However, due to weak governance and despite abundant savings, successful private investment in other infrastructure sectors has been rather limited. The Government of the Philippines made promotion of private sector infrastructure investments through PPPs its priority. To increase private investment in infrastructure one needs to address such issues as inadequacy of the PPP policy, legal and regulatory frameworks, insufficiency of the institutional set-up and capacity to effectively promote and implement PPP projects, insufficiency of the system and capacity to prepare bankable PPP projects, and lack of long-term financing and credible risk guarantee mechanisms for PPP projects.
The technical assistance’s (TA) impact will be increased private sector investment in infrastructure. This will contribute to an improved availability and quality of infrastructure services in Philippines and thus support economic growth, improve the country’s competitiveness and contribute to poverty reduction.
The technical assistance’s (TA) outcome is an improved Government capacity to promote, develop and implement environmentally sound PPP projects. This will also contribute to improved public sector institutional capacity and governance.
First, strengthened PPP enabling framework. Second is, strengthened capacity of the PPP Center. Third, is institutionalized PPP best practices. Second to the last, established long-term financing and risk guarantee mechanisms. And lastly, well-structured bankable PPP projects developed
Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.
It can be implemented to LGU’s through Good Governance, and of course with the People and Private Sectors participation starting from the smallest unit of the of the Local Government,which is the the barangays, Municipality, Cities, Provincies and up to the Autonomous Region.
My objective in attending this seminar is to propose a PPP Code and Framework developed by Justice Alberto C. Agra and tailor-fit it for the needs of the city of Manila being the capital LGU of the Philippines.
Please click link below for The Philippine Public-Private Partnership Program: