In 2010, a Public-Private Partnership Center was set up in the Philippines to manage and administer the Project Development and Monitoring Fund (PDMF), aimed at enhancing the investment environment for Public-Private Partnerships (PPP) and building a robust pipeline of viable and well-prepared PPP infrastructure projects.
It initially covers the project preparation and transaction advisory cost for PPP projects. Upon successful PPP tendering, the winning private proponent reimburses or pays the actual project preparation and transaction advisory cost plus a cost recovery fee. For successfully tendered PPP projects, reimbursement of the PDMF support is a condition precedent for contract award.
The US$102 million PDMF is co-funded by the Government of the Philippines and the Government of Australia, through a technical assistance from the Asian Development Bank (ADB). As of 2016, the Government of Australia and the Government of the Philippines have contributed US$18 million and US$84 million, respectively. The Government of Australia’s funding channelled through ADB enables application of ADB consultant selection guidelines to the entire PDMF.
Atkins Acuity was selected to be part of the Panel of Transaction Advisors of the PPP Center of the Philippines. The 22 selected consultancies provide project preparation and transaction advisory services for potential PPP projects for various implementing agencies.
Projects that have been developed and/or awarded cover various industries such as rail, aviation, port, toll roads, transport terminals, flood control systems, water source development and water distribution, agriculture, health, information and communication technology, education, energy and other social infrastructure such as prison and court houses. Significant examples include:
Further projects are here: http://ppp.gov.ph/?page_id=26100
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