DOTr emerges as ‘largest client’ of ADB’s PPP arm | Lorenz S. Marasigan

  • 📰 BusinessMirror
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 59%

Philippines Headlines News

Philippines Latest News,Philippines Headlines

The Department of Transportation (DOTr) has become the “largest client” of the Asian Development Bank’s (ADB) Office of Public-Private Partnership (OPPP), after signing new deals for transport infrastructure projects.

The Department of Transportation has become the “largest client” of the Asian Development Bank’s Office of Public-Private Partnership , after signing new deals for transport infrastructure projects.

Bautista highlighted the expertise of the lender in helping the agency “fine tune the selection process for most qualified and experienced private sector operators” for the rail projects. For her part, Cleo Kawawaki, who heads the ADB OPPP, said the “notable history” of the Philippines as one of the pioneers of PPPs in Asia gives the lender much “honor” with this new partnership.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 19. in PH

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

ADB to fund 5 networks in Bicol, Davao and CebuThe government, in partnership with the Asian Development Bank (ADB), will award funding grants of up to $80,000 or P4.3 million to five so-called networks of enterprises in Bicol, Davao and Cebu under the SkillsUpNet Philippines (SUNPh) program.
Source: manilabulletin - 🏆 25. / 51 Read more »

DOTr to privatize ops, maintenance of Metro Manila Subway, North-South railwayIn line with the Marcos administration’s initiative to boost public-private partnerships (PPP), the Department of Transportation (DOTr) is intending to privatize the operations and maintenance (O&M) of two big-ticket railway projects. Di ba yang privatization, paghuhugas kamay sa tagalog?
Source: gmanews - 🏆 11. / 68 Read more »

ADB, gov’t give training grants to 66 enterprises - BusinessWorld OnlineTHE Asian Development Bank (ADB) and the National Government on Thursday awarded service-training grants to five networks of enterprises through the SkillsUpNet Philippines (SUNPh) program. A total of 66 enterprises and 600 workers in the Bicol and Davao regions and Cebu province will benefit from the SUNPh program, which aims to enhance skills and competitiveness, […]
Source: bworldph - 🏆 9. / 68 Read more »

ADB extends $300K grant to upgrade workers’ skills | Cai U. OrdinarioTHE Asian Development Bank (ADB) will extend a grant worth $300,000 (about P16.143 million at current exchange rates) to five industry networks to improve the skills of workers in tourism, construction, animation, agribusiness and women-led small and medium enterprises (SMEs). At the sidelines of the launch of “SkillsUpNet Philippines,” or…
Source: BusinessMirror - 🏆 19. / 59 Read more »

Marcos talks to Grab CEO on transportation upgrade - BusinessWorld OnlineTHE PHILIPPINES could generate about 500,000 jobs after getting an investment commitment from Grab Holdings, Inc., according to the presidential palace. President Ferdinand R. Marcos, Jr. met with Grab officials on Thursday to discuss the company’s recommendations on how to modernize Philippine transportation, the Presidential Communications Office (PCO) said in a statement. During the meeting, […] Bogus
Source: bworldph - 🏆 9. / 68 Read more »

20 jeepney drivers nabbed in intensified anti-overloading driveLTFRB Chairman Teofilo Guadiz III said two separate “anti-overloading” operations were conducted in Caloocan and Quezon City, with agents of the LTFRB’s Law Enforcement Unit apprehending the drivers. | zacariansINQ
Source: inquirerdotnet - 🏆 3. / 86 Read more »