Post on 12-Jan-2016
transcript
THE PHILIPPINE THE PHILIPPINE
PPP PROGRAMPPP PROGRAMATTY. FERDINAND D. TOLENTINO
PPP Center Deputy Executive Director
1
Outline of PresentationOutline of Presentation
www.ppp.gov.ph 2
PHILIPPINE PHILIPPINE PPP PROGRAM: PPP PROGRAM: AN OVERVIEWAN OVERVIEW
3
The Philippine Investment Climate
www.ppp.gov.ph Source: NSCB data as cited in BSP Presentation to Moody’s Investors Service, June 2012
Photo by: Rappler (www.rappler.com)
4
Infrastructure Sector
www.ppp.gov.ph
Infrastructure/ other capital outlays spending grew by 58.8% in Q12012; 45.7% in Q22012
DPWH has slated P63.5bn for its Infrastructure Program, and 86% of total infrastructure projects in 2012 are already bid out (as of April 2012)
Several airport projects are being implemented and are under construction
Government is tapping various mechanisms to accelerate infrastructure development in the country—national budget, official development assistance (ODA), and public-private partnerships (PPPs)
“In the ASEAN region, Philippines ranked
highest in terms of PPP readiness…”
--Infrascope 2011 Study (By the Economist Intelligence Unit as
commissioned by ADB)
Sources: Infrascope 2011, BSP Presentation for Moody’s (June 2012)
5
The Philippine PPP Agenda
www.ppp.gov.ph
Private sector as partner in development
PPP as a strategyto accelerate infra development
The PPP Center as the main facilitator
of the PPP Program
6
PHILIPPINE PPP PROGRAM: PHILIPPINE PPP PROGRAM: LEGAL & INSTITUTIONAL LEGAL & INSTITUTIONAL FRAMEWORKFRAMEWORK
7
Legal Framework
www.ppp.gov.ph
RA 7718: The Amended Build-Operate-Transfer (BOT) Law
BOT-IRR: BOT Law’s Implementing Rules and Regulations
RA 7160: The Local Government Code of the Philippines 1991
Other Related Lawso Charters of Government Owned and Controlled
Corporations (Republic Acts and Executive Issuances)o Legal Mandates of Implementing Agencies (Republic
Acts)o Sectoral Regulatory Agencies (Republic Acts and
Executive Issuances)
8
CA 146, as amended (Public Service Act)Limits foreign equity to 40% for operation of public utilities
RA 8179 (Foreign Investments Act of 1991)Provides regulations on foreign exchange transactions
RA 4860 (Foreign Borrowings Act of 1966)
EO 226, as amended (Omnibus Investments Code of 1987)Provides fiscal incentives
RA 8974 (Acquisition of ROW)
RA 7160 DILG (Local Government Code)
MC 2011-16 (PPP Sub-Committee in the LDC)
Other Related Laws
www.ppp.gov.ph
9
9
Institutional Set-up
www.ppp.gov.ph
Contracting Parties/Implementing Agencies Line Agencies (national agencies) Government Corporations Local Government Units
Other National Agencies Concerned Line Agencies/ Departments (policymaking) National Regulatory Bodies Sectoral Regulators (e.g. toll regulatory board)
Review and Approving Bodies Inter-Agency Investment Coordination Committee NEDA Board Local Government Councils
Coordinating and Monitoring Agency Public-Private Partnership Center
10
Eligible Types of Projects
www.ppp.gov.ph 11
SOLICITED
refers to projects identified by an agency/LGU as part of the list of priority projects
Government undertakings are allowed
refers to project proposals submitted by the private sector, not in response to a formal solicitation/request issued by an agency/LGU
Involves new concept or technology and/or is not part of the list of priority projects
No direct government guarantee, subsidy or equity is required
Should undergo COMPETITIVE CHALLENGE
UNSOLICITED
PPP Modes of Procurement
www.ppp.gov.ph 12
BOT (and its variants)BOT (and its variants)
Private partner finances, constructs and, in some cases, operates and maintains a facility or project
Private partner allowed to charge user fees to recover its investment
IA and private partner share project risks
• BBuild-and-Transfer (BT)• Build-Lease-and-Transfer (BLT)• Build-Operate-and-Transfer (BOT)• Build-Own-and-Operate (BOO)• Build-Transfer-and-Operate (BTO)• Contract-Add-and-Operate (CAO)• Develop-Operate-and-Transfer (DOT)• Rehabilitate-Operate-and-Transfer (ROT)• Rehabilitate-Own-and-Operate (ROO)
PPP Contractual Arrangements
www.ppp.gov.ph 13
PPP Contractual Arrangements: BOT VARIANTS
14
PPP Contractual Arrangements: BOT VARIANTS
15
PPP Contractual Arrangements
www.ppp.gov.ph
Service ContractService Contract• IA procures a private entity to carry out one or more specified
task/s or service/s for a fixed period, typically 1-3 years for a fixed cost
• IA control remains
Management ContractManagement Contract• IA hires private entity for the daily operation and management of
a particular task or service• IA ultimately remains responsible for service provision
Lease ContractLease Contract• Private partner is responsible for service provision in its entirety• Private partner bears financial risk of Operation and
Maintenance (O&M)• IA retains ownership of the facility/infrastructure
16
PPP Contractual Arrangements
www.ppp.gov.ph
ConcessionConcession• Private partner is responsible for capital investment and full
delivery of services, including O&M, collection, construction/rehabilitation of the infrastructure facility or system
• IA retains ownership of the public assets during concession period
Joint VentureJoint Venture• IA and private partner pool resources (money/capital, services,
assets) to pursue a specific infrastructure facility or project • IA and private partner share in the profits, losses and risks
17
Private Sector Returns
www.ppp.gov.ph
Right of Private Partner to Collect Private partner is allowed to recover investments through
tolls, fees, rentals, and other charges from the users of the PPP project facility
Rate of Return BOT Law entitles the private partner to reasonable return
to his investment capital Return should reflect the prevailing cost of capital in
domestic and international markets For negotiated contracts which are public utilities and
monopolies, the return is determined by existing laws, which in no case to exceed 12% on rate base
18
Cost Sharing provision of access infrastructure Right of Way (ROW) Transfer of Ownership/usufruct/possession of land, etc. Partial Financing (50%)
Credit Enhancements
Direct Government Subsidy Defray/pay/shoulder portion of project cost or expenses in
operation or maintenance Condone or postpone payment Contribute property/assets Waive/Grant special rates on real property taxes (LGUs) Waive charges/fees on business permits/licenses
Government Support for PPPs
www.ppp.gov.ph 19
Government Support for PPPs
www.ppp.gov.ph
Strategic Support
Fund (SSF)
Project Development
Monitoring Facility (PDMF)
IDCA Panel of Firms
CPCS Transcom Ltd. ● Deloitte Touche Tohmatsu India Pvt. Ltd. ●Ernst & Young Australia Infrastructure Advisory ● Hill International SA ● ICRA Management Consulting Services Ltd. ● Manabat Sanagustin &
Co., CPAs ● PricewaterhouseCoopers Services LLP Singapore ● Rebel Group International BV ● SMEC International Pty Ltd. (SMEC),
Australia IMC Worldwide Ltd. ● MMM Group Limited ● Ove Arup & Partners Hong Kong Ltd. ● PARY & Co., Chartered Accountants ● Punongbayan & Araullo ● Feedback Infrastructure Services Pvt. Ltd.
Right of way acquisition (ROWA) and related costs (including resettlement)
Costs of designing, building and otherwise delivering any part of the project
20
PDMF FUNDS AVAILABLE: USD 7M initial contribution from the Philippine Government USD 6M contribution from the Australian Government (administered by ADB) USD 9M additional contribution from the Australian Government (administered by ADB) USD 11.5M counterpart contribution of the Philippine Government
PHILIPPINE PPP PROGRAM: PHILIPPINE PPP PROGRAM:
THE PPP CENTERTHE PPP CENTER
21
The PPP Center
www.ppp.gov.ph
Executive Order No. 8 signed on September 9, 2010:
BOT Center renamed as PPP Center
Expanded mandate: BOT Law Joint Venture arrangements Other PPP arrangements
PPP Center to: o Provide advisory serviceso Facilitate development of PPP projectso Capacitate national and local implementing agencieso Advocate policy reformso Monitor implementation of PPP projects
22
PPP Center Services
www.ppp.gov.ph 23
Capacity Development
Pre-investment financing (PDMF)
Advisory services (legal, technical, financial matters)
• Preparation of PPP transaction documents (bid documents, draft contract, etc)
•Monitor project implementation and contract compliance
•Participate as non-voting observer of BAC •Provide advice during procurement process
The Role of the PPP Center
www.ppp.gov.ph 24
PHILIPPINE PPP PROGRAM: PHILIPPINE PPP PROGRAM:
IMPLEMENTATON IMPLEMENTATON PROCESSPROCESS
25
www.ppp.gov.ph
PPP Process Framework
Development
Development
ApprovalApproval
CompetitionCompetition
CooperationCooperation
Project Identification
Project Identification
Project Preparation
Project Preparation
Contractual Considerations
Contractual Considerations
Contractual ArrangementContractual
ArrangementNEDA ICC
NEDA BOARDNEDA ICC
NEDA BOARD
Tariff SettingTariff Setting Independent RegulatorIndependent Regulator
Bidding/Solicitation of Comparative ProposalsBidding/Solicitation of Comparative Proposals
Award/Construction/Development of Facility Award/Construction/Development of Facility
Concession/CooperationConcession/Cooperation Facility Users/PublicFacility Users/Public
26
• Project Identification• Completed Feasibility Study• Right of Way Acquisition (ROWA) Plans• Draft PPP agreement• Proposed risk allocation• Valuation of direct and contingent
government support• Implementation plan with
organizational & administrative requirements
• Project Identification• Completed Feasibility Study• Right of Way Acquisition (ROWA) Plans• Draft PPP agreement• Proposed risk allocation• Valuation of direct and contingent
government support• Implementation plan with
organizational & administrative requirements
ProponentProponent
Implementing Agency/GOCCImplementing Agency/GOCC
Activities/OutputActivities/Output
PHASE 1: Development
www.ppp.gov.ph
FACTORS TO CONSIDER IN SELECTING
• Commercial sustainability• Potential development impact• Moderate complexity• High operating costs relative to total
project costs• Other planning and policy inputs
based on development plans
27
www.ppp.gov.ph
PHASE 2: Approval/Review
28
• IAs/GOCCs evaluate project proposal• Approving body to recommend Rate of Return (ROR)• Negotiation and Contract Approval
Solicited Proposals (6 months)
Unsolicited Proposals (9 months or more)
• Pre-qualification • Qualification Procedure
PHASE 3: Competition
www.ppp.gov.ph 29
PHASE 4: Cooperation
www.ppp.gov.ph
The life of the PPP during Cooperation Period involves: Implementation and operation of the project by the
private sector Performance monitoring and contract enforcement
by the IAs/GOCCs
Basic components of this phase may include: Pre-Construction Construction Operation and Maintenance (O & M) Asset Transferring/Turn-over
30
PHILIPPINE PPP PROGRAM: PHILIPPINE PPP PROGRAM:
UPDATES AND RECENT UPDATES AND RECENT DEVELOPMENTSDEVELOPMENTS
31
PPP Achievements
www.ppp.gov.ph 32
PPP Achievements
www.ppp.gov.ph 33
PPP Achievements
www.ppp.gov.ph 34
Thrusts & Priorities
www.ppp.gov.ph 35
Thrusts & Priorities
www.ppp.gov.ph 36
Thrusts & Priorities
www.ppp.gov.ph 37
Pipeline of PPP Projects
www.ppp.gov.ph
TRANSPORTATION 8 projects | USD 1.88B
ROAD NETWORK4 projects | USD 1.29B
WATER SECTOR3 projects | USD 1.08B
LGU PROJECTS2 projects | 6.28M
AGRICULTURE 2 projects | USD 186.9M
EDUCATION1 project | USD 233M
HEALTH SECTOR2 projects | USD 126M
*Project Costs of O&M of LRT-2, O&M of Puerto Princesa, ITS, Bulacan Bulk Water, El Nido Project= TBD
TOTAL PROJECT COST: aprx. USD 4.80B*
38
STATUS OF PPP PROJECTS as of September 18
*Approved PDMF Support
PROJECT INDICATIVE COST (USD)
STATUS
PPP for School Infrastructure Project Phase I*
239.0M Project awarded to private sector proponents
LRT Line 1 Cavite Extension and O&M 1.4B Bidder due diligence ongoing
NAIA Expressway Phase II 377.6M Bidder due diligence ongoing
Modernization of Philippine Orthopedic Center*
128.3M Approved by the NEDA Board
NLEx-SLEx Connector 480.5M For Submission to ICC
Vaccine Self-Sufficiency Project Phase II* 11.3M In the process of securing Government approvals
Cavite-Laguna Expressway 468.8M In the process of securing Government approvals
O&M of Angat Hydro-Electric Powerplant Turbines 4&5*
38.1M On-going ICC Project Review
39
STATUS OF PPP PROJECTS as of September 18
*Approved PDMF Support
PROJECT INDICATIVE COST (USD)
STATUS
Automatic Fare Collection System* 42.9M For submission to NEDA
Mactan Cebu International Airport Passenger Terminal Building*
241.7M For submission to NEDA
Enhanced O&M Panglao Airport* 190.5M Finalization of Project Structure On-going
O&M of Laguindingan Airport* 42.9M Finalization of Project Structure On-going
Grains Central Project 29.8M Ongoing Preparation of Feasibility Study
Establishment of Cold Chain Systems* 121.2M Ongoing Preparation of Feasibility Study
O&M of LRT Line 2 TBD Ongoing Preparation of Feasibility Study
O&M of Puerto Princesa Airport TBD Ongoing Preparation of Feasibility Study
Talisay City Plaza Complex Heritage Restoration and Redevelopment Project
6.28M Ongoing Business Case /Feasibility Study
Integrated Transport System* TBD For procurement of Transaction Advisor
New Centennial Water Supply* 595.2M For procurement of Transaction Advisor
Bulacan Bulk Water Supply Project* TBD For procurement of Transaction Advisor
Rehabilitation of Quirino Highway Project*
TBD For procurement of Transaction Advisor
El Nido Solid and Liquid Waste Management Facility*
TBD For procurement of Transaction Advisor
40
41
PHILIPPINE PPP PROGRAM: PHILIPPINE PPP PROGRAM:
PPP IN LGUs PPP IN LGUs
PPP Capacity Building Program
www.ppp.gov.ph 42
PRE-IMPLEMENTATION IMPLEMENTATION
EXITEXIT
INTRODUCTION/ INCEPTION:
PPP: What and Why
Needs Analysis
Options Analysis
Economic Valuation
Policy & Institutional Setup
PLANNING/ IDENTIFICATION/ STRUCTURING/ APPROVALS
Project Identification & Plan (Pre-FS/FS)
Project Preparation/ Structuring
Review and Appraisal Processes/Requirements
Procurement Documents Preparation
Procurement Plan
PROCUREMENT AND AWARD
Invitation and Prequalification
Transparency and Competitive Requirements
Evaluation, Review, and Selection
Negotiation and Award Processes
IMPLEMENTATION/ MONITORING AND EVALUATION
Construction and Commissioning
Contractual Compliance, Monitoring & Evaluation
Risk Monitoring & Mitigation
Project Management
Progress Reporting
DELIVERYDELIVERYDEVELOPMENTDEVELOPMENTPHASE IIIPHASE IIIPHASE IIPHASE IIPHASE IPHASE I
www.ppp.gov.ph
LGU PPP Manual Vols. I-III
43
The LGU PPP Manual is envisioned as a tool that should guide its users in developing infrastructure projects using PPP processes.
VOLUME 1: Understanding PPP Concepts and Framework. Overview of PPP concepts and framework in the context of local development finance
VOLUME 2: Developing PPP Projectsfor Local Government Units. Comprehensive step-by-step process on PPP project preparation and development
VOLUME 3: PPP Project Templates and Bid Documents. Compilation of template documents and sample projects on PPP at the local level
www.ppp.gov.ph
Establishing Template Assistance for LGUs
44
www.ppp.gov.ph
Success Story: Case of Bohol— BOHOL WATER SUPPLY SYSTEM PROJECT
45
IMPLEMENTING AGENCIES:Provincial Government of Bohol and the consortium of Salcon International, Inc., Salcon Power Corporation, and Pure and Pam, Inc. (Consortium).
RATIONALE: Project was driven by the need to improve the efficiency through reduction in system loss and increase in the capacity of Provincial Waterworks System to meet the growing demands for potable water.
ESTIMATED PROJECT COST: PHP 967M
www.ppp.gov.ph
Success Story: Case of Bohol— BOHOL WATER SUPPLY SYSTEM PROJECT
46
PROJECT OBJECTIVES: Ensure adequacy and sustainability of water supply
with the end goal of stimulating economic growth by creating an investment-ready environment
Reduce system loss, thereby improving the financial viability of both utilities
Improve the health an well-being of the people, by providing quality water in compliance with world health standards
Develop reliable and safe water sources to meet future demand
Expand water service to a bigger area outside of Tagbilaran City
PPP STRUCTURE: Joint Venture Agreement
www.ppp.gov.ph
Success Story: Case of Bohol— BOHOL WATER SUPPLY SYSTEM PROJECT
47
SUCCESS STORY: In 1998, recorded system loss reached an average of 29%. The Project has
aimed to reduce that to 20% at the end of Phase 1. As of June 2012, system loss is at 20.30% which is below the industry standard at 25%.
Daily water production and system capacity has continuously exceeded the daily water demand.
The annual subsidy was eliminated and the Province used this additional money (freed-up money) to fund other priority projects.
Growth in tourism-related investments is fuelled by the fact that investors are now assured of a stable water supply, improve efficiency in service delivery and improve water quality.
www.ppp.gov.ph
“…these (PPP) projects promise so much for our economy and for the Filipino people, and they (private partners) will play a vital role in our administration's fulfillment of our Social Contract with our people.”
--President Benigno S. Aquino III
48
THE PHILIPPINE THE PHILIPPINE
PPP PROGRAMPPP PROGRAM
THANK YOU!
PROJECT PROJECT INDICATIVE INDICATIVE COST (USD)COST (USD) DESCRIPTIONDESCRIPTION
LRT Line 1 South Extension
1.37B
The proposed alignment for the LRT 1 South Extension has an approximate length of 11.7 km from its tie in point at the terminus of LRT Line 1 at the Baclaran Terminal, to the Niyog Station at Bacoor, Cavite, of which approximately 10.5 km will be elevated and 1.2 km will be at-grade. The total length of the integrated LRT Line 1 will be approximately 32.4 km.
LRT Line 2 Operation & Maintenance
TBD
Operation and Maintenance of the existing LRT Line 2 and the proposed 4 km extension from Santolan, Pasig to Masinag, Antipolo. The existing 13.8 km Line 2 runs along the Recto Station in Manila to the Santolan Station in Pasig, along Recto Avenue, Magsaysay Boulevard and Marcos Highway.
Operation & Maintenance of the Laguindingan Airport
41.71MOperation and maintenance of the newly constructed international-standard airport in Laguindingan, Misamis Oriental.
Enhanced O&M of New Bohol (Panglao) Airport
TBD Operation and Maintenance of the New Bohol (Panglao) Airport.
50
PROJECT PROJECT INDICATIVE INDICATIVE COST (USD)COST (USD)
DESCRIPTIONDESCRIPTION
Mactan Cebu International Airport Passenger Terminal Building
235.20MConstruction of a new world-class passenger terminal building in Mactan, Cebu International Airport with a capacity of about 8 million passengers/year.
Operation and Maintenance of the Puerto Princesa Airport
TBD
The project involves the privatization of the operation and maintenance of the airport. The existing Puerto Princesa Airport will be upgraded/ improved into an international gateway meeting standards of the International Civil Aviation Organization (ICAO).
Automatic Fare Collection System
41.71M
Decommissioning of the old magnetic-based ticketing system and replacing the same with contactless-based smart card technology on LRT Lines 1 and 2 and MRT 3, with the introduction of a centralized back office that will perform apportionment of revenues.
Integrated Transport System (ITS) Project
TBD
The project will establish three (3) mass intermodal terminals at the outskirts of Metro Manila – one in the north (of EDSA) serving passengers to and from northern Luzon, and two in the south serving passengers to and from Laguna/ Batangas side and those to and from the Cavite side. The terminals will connect passengers from the province to other urban transport systems– railway, city bus, taxi, PUV-serving inner Metro Manila.
51
PROJECT PROJECT INDICATIVE INDICATIVE COST (USD)COST (USD)
DESCRIPTIONDESCRIPTION
NLEX-SLEX Connector
467.63M
Construction of a 13.4 km. 4-lane elevated expressway over the Philippine National Railway (PNR) right of way which starts at Caloocan City and ends in Buendia, Makati City. The project will connect North Luzon Expressway (NLEX) and South Luzon Expressway (SLEX) to decongest traffic in Metro Manila.
NAIA Expressway Phase II Project
365.44M
The proposed elevated expressway starts at the existing Skyway then generally follows the existing road alignment over Sales Avenue, Andrews Avenue, Domestic Road and NAIA Road and has entry/exit ramps at Roxas Boulevard, Macapagal Boulevard and PAGCOR City. The project provides access to NAIA Terminals I, II, and III and links two existing expressways namely the Skyway and Manila-Cavite Toll Expressway.
CALA Expressway (Cavite and Laguna Side)
456.27M
Involves the construction of two expressways. One is on the Cavite Side which is a 27.5km, 4-lane highway from the terminus of R-1 Expressway in Kawit, Cavite to Aguinaldo Highway at Silang, Cavite. For the Laguna Side, this will involve the construction of a 14.3km, 4-lane at-grade expressway. The CALA Expressway will be connected to SLEX near Sta. Rosa, Laguna.
Improvement/ Rehabilitation of Quirino Highway
TBD
The proposed project entails the improvement/rehabilitation and operation and maintenance of Quirino Highway, a 93.45 km., 2-lane national road that traverses three (3) provinces, namely Quezon, Camarines Norte and Camarines Sur. It starts at the junction of the Pan-Philippine Highway in Tabugon, Sta. Elena, Camarines Norte and ends at the junction of the Pan-Philippine Highway in Sipocot, Camarines Sur. 52
PROJECT PROJECT INDICATIVE INDICATIVE COST (USD)COST (USD)
DESCRIPTIONDESCRIPTION
New Centennial Water Source Project
579.32M
The project will involve the construction of a dam, a water treatment plan and an associated main pipeline to deliver water from the project location to Metro Manila. This project will provide water supply security in the metropolis.
Operation and Maintenance of Angat Hydro-Electric Power Plant (AHEPP) Auxiliary Turbines 4 & 5
37.08M
The project involves the repair and privatization of the operation & maintenance of the existing auxiliary turbines owned by MWSS which are installed in the AHEPP. These auxiliary turbines contribute 28 megawatts to the Luzon Grid (10 MW from AN-4 & 18 MW from AN-5). The proposed project also entails procurement, installation, operation and maintenance of the second turbine for the Macua mini-hydro power plant.
Bulacan Bulk Water Supply Project
TBD
The project aims to address the water supply requirements of the municipalities of the Province of Bulacan. The project involves the construction of the following: treated water transmission mains, including appurtenances, from the WTPs to the agreed delivery points of the municipalities; water treated plants and ancillary facilities; treated water reservoirs; and pumping stations. This also includes installation of flow metering devices after the WTPs pumping stations, transmission branch points, and at the agreed delivery/ interconnection points; and installation of appropriate pressure monitoring stations.
53
PROJECT PROJECT INDICATIVE INDICATIVE COST (USD)COST (USD)
DESCRIPTIONDESCRIPTION
Vaccine Self-Sufficiency Project (Phase II)
10.50M
The project is envisioned to accelerate progress in vaccine production in the Philippines, and ensure vaccine sufficiency in the country. VSSP II is expected to reduce overall vaccine procurement costs of finished vaccines through local refilling, labeling, and packaging of the following vaccines: Pentavalent (DPT-HepB-Hib, Diptheria, Pertussis, Tetanus-Hepatitis B and Hemphylus Influenza B), Tetanus Toxoid (TT), Single HepB.
Modernization of the Philippine Orthopedic Center
115.86M
This project involves the construction of a 700-bed capacity super-specialty tertiary orthopedic hospital to be located within the National Kidney and Transplant Institute (NKTI) Compound along East Avenue, Quezon City.
PPP for School Infrastructure Project
232.66M
The project will involve the design, financing and construction of about 9,300 one storey and two-storey classrooms, including furniture and fixtures, in various sites in Regions I, III, & IV-A. The project aims to supplement the current program of the Department of Education in reducing classroom backlog.
54
PROJECT PROJECT INDICATIVE INDICATIVE COST (USD)COST (USD)
DESCRIPTIONDESCRIPTION
Grains Central Project
28.97M
The project will establish grains bulk handling systems with corn grains processing centers and transshipment stations in major corn producing areas and selected sea ports by upgrading, expanding and enhancing the existing operations in at least fifteen (15) corn postharvest processing and trading centers.
Establishment of Cold Chain Systems Covering Strategic Areas in the Philippines
122.92M
Construction and operationalization of Cold Chain Centers to be located in major production and consolidation areas of agri-fishery products. The Centers will be equipped with the required facilities and machineries for minimal processing of livestock, fisheries and high value crops.
Talisay City Plaza Complex Heritage Restoration and Redevleopment Project
6. 28M
Involves the restoration and redevelopment of the Talisay City Plaza Complex, including the conversion of the Talisay City Central Public Market and the Old Talisay City Hall into mixed-use facilities.
55