Public-Private Partnership (PPP) is the way to go for the Iloilo City Government to implement priority infrastructure initiatives amid budgetary constraints.
Mayor Jerry P. Treñas recently issued an Executive Order creating the newly-constituted PPP Selection Committee to set into motion possible projects that maybe undertaken or entered into through such scheme.
Treñas identified potential PPP improvements including city slaughterhouse, public markets, waste-to-energy, mixed-use horizontal development complex and sports arena.
“There is a need to fast-track the implementation of PPP programs and projects to accelerate the infrastructure development of the city and sustain economic growth,” stated Treñas, who also chairs the team.
City Administrator Melchor U. Tan serves as co-chair.
The members are Atty. Quintin O. Magsico Jr. of the City Legal Office; Francis T. Cruz of the Local Economic and Investment Promotion Office; Arch. Regina C. Gregorio of he City Engineer’s Office; General Services Officer Joren F. Sartorio; City Environment and Natural Resources Officer Engr. Noel Z. Hechanova; City Treasurer Engr. Jinny C. Hermano; Local Economic Enterprise Office (LEEO) Executive Assistant Katherine Tingson; City Budget Officer Ninda D. Atinado; Executive Assistant for Special Concerns Alma S. Juaneza; and LEEO head Jose Ariel D. Castañeda.
A Technical Working Group composed of staff of said offices was also created to aid the committee in the performance of its functions and responsibilities.
City Hall is committed to good governance, transparency, competitiveness, impartiality and accountability in all government transactions which include the implementation of infrastructure programs and projects.
The government recognizes the indispensable role of private sector as main engine for development.
PPP is in accordance with Republic Act No. 7718 or the “Act Authorizing the Financing, Construction, Operation and Maintenance of Infrastructure Projects by the Private Sector, and for Other Purposes, otherwise known as the Build-Operate-and-Transfer (BOT) Law.”
It provides the most appropriate incentives to mobilize private resources for purpose of financing the construction, operation and maintenance of infrastructure and development projects normally financed and undertaken by the government. (PIO)
