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Iloilo City PPP gets boost
- Source:https://www.sunstar.com.ph/article/1818676
- Thursday, August 15, 2019
- (PR)
THE Public-Private Partnership (PPP) Center in Manila has extended its expertise to help Iloilo City Government in realizing priority infrastructure initiatives for the people.
Both parties entered into a memorandum of agreement (MOA) Wednesday, August 14, for the purpose of providing a framework for cooperation and coordination with the goal of developing a robust pipeline projects.
Mayor Jerry P. Treñas was authorized by the City Council, through a resolution, to sign on behalf of the City Government.
The City Hall is looking for investors to upgrade the slaughterhouse, waste-to-energy facility and public markets.
“We are excited because this will allow us to free a portion of the budget which we will be able to use for other social projects to benefit the people. We look forward to a very fruitful relationship with the PPP Center,” said Treñas.
“We are excited, too, to work with city officials and employees for us to push for important projects. Aside from benefits of working with the private sector, one of the issues we are closely monitoring is social concerns. We should not forget that people in need are not taken for granted,” said PPP undersecretary and executive director Ferdinand Pecson.
Pecson said partnering with the private sector is not merely for profit but for social services.
“We commit that when we do the studies, that is one great concern of course, including environment, even gender; it's going to be a consideration, it's not just all about money, or income or cost-savings. It's really a holistic approach that we will be doing,” he added.
“I am very glad that we are very much alive in that respect and that really makes it easier for our team to move forward. And we understand also that time is of the essence, we have to move very quickly, we have to show results quickly. They're eager to already start working. There's really lots of work to be done but with everyone's support, we will be succeeding, I'm sure,” Pecson said.