MANILA, Philippines — Joint ventures (JV) are increasingly becoming popular as a faster and easier approach toward implementing infrastructure, development and social service-related projects at the national and local government levels.
To guide the private sector on how to JV with the government and vice versa, the Center for Global Best Practices will host its yearly training titled, “Business and Public Officials’ Guide on How to Joint Venture Effectively with the Government” on Nov. 29, 2019 at the Manila Marriott Hotel, Pasay City.
To accelerate more economic growth through public-private partnerships, the National Economic and Development Authority (NEDA) released the 2013 Revised JV Guidelines applicable for government-owned and controlled corporations, government instrumentalities, government financial institutions, and state universities and colleges. For local government units (LGUs), they are governed by their own JV ordinances. The authority of LGUs to enter JVs and provide their own guidelines has been affirmed by the Department of Interior and Local Government and the Department of Justice.
This special program will deal on the definition of a JV, requirements, cash and non-cash contributions of parties, procedures for selecting partners, bundling or unbundling of project components, and trends, opportunities and challenges. Examples of existing and prospective JV projects such as water, reclamation, public markets, bus terminals, land development, government centers, power, transport, and more. Participants will get soft copy compilation of templates of actual and proposed JV ordinances.
This will feature former justice secretary Alberto Agra, who is one of only two in the world as both a Certified PPP Specialist™ and Certified Regulation Specialist™. He drafted a proposed PPP Code / Ordinance for LGUs which to date has been adopted by 81 LGUs in the Philippines and is now the official template of the DILG with over 100 LGUs adopting his version.
He was also part of the team who developed the NEDA JV Guidelines. He has conducted over a hundred lectures on PPPs and JVs. He is also the author of the Proposed PPP Ordinance: Annotated and co-author of the book, Knowing PPP, BOTs & JV: A Legal Ordinance. Currently, he is the chairman of the Philippine Reclamation Authority and is a PPP, local government professor and political law bar reviewer at the Ateneo Law School.
Registration is open to the general public. CGBP is an accredited training provider of Securities and Exchange Commission. Interested participants are encouraged to avail of the early payment savings and group discounts for those registering three or more attendees. Seats are limited and pre-registration is required.
Check www.cgbp.org for a complete list of upcoming programs or call landlines in Manila (+63 2) 8842-7148/ 59 and (+63 2) 8556-8968/ 69, in Baguio (+63 74) 423-2914, and in Cebu (+63 32) 512-3106 or 07.