PPP Center holds final forum on financing modes

MANILA, Philippines - The Public-Private Partnership (PPP) Center is holding today the final round of discussions on various means of financing for infrastructure projects.

The center will hold a PPP forum titled “Accessing the Philippine Capital Markets for PPPs – Innovations in Infrastructure Financing” at the New World Makati Hotel.

The center would be joined by the International Project Finance Association (IPFA), Securities and Exchange Commission (SEC), the Philippine Stock Exchange (PSE) and the Asian Development Bank (ADB).

The forum is the culminating activity of a series of roundtable discussions and workshops where select government officials consulted with the private sector on investment issues and constraints on PPP projects.

These activities are aimed at producing policy proposals, innovative reforms and regulatory framework that will strengthen, enhance and bolster capital market funding for PPP projects.

“As in previous PPP roundtable discussions and workshops, this event attracts an audience of investors, financial institutions, government agencies and other major stakeholders in the PPP program,” said the center.

The PPP forum would be divided into three major panel sessions showcasing discussions on government’s initiatives towards accessing capital markets for infrastructure and PPPs, unlocking a key alternative in PPP financing through listing of equity securities, and providing impetus for the issuance of PPP project bonds.

The PPP Center — an attached agency of the National Economic and Development Authority (NEDA) — is the central coordinating agency for the PPP program, the Aquino administration’s strategy for accelerating infrastructure development in the country.

It is currently pushing for the awarding of at least 11 projects before the end of the Aquino administration.