The Philippine Chamber of Commerce and Industry (PCCI), the largest business group in the country, is urging the government to come up with a national development plan that would ensure the full implementation of key infrastructure projects nationwide through an effective and strong public private partnership.
PCCI President Dr. Francis Chua said a development plan for infrastructure through PPP is integral to the realization and accomplishment of major infrastructure projects.
The plan will outline specific and priority projects to prioritize and promote including the processes that have to be undertaken and followed.
Recently, President Aquino issued executive order 8 creating the Public Private Partnership Center of the Philippines which aims to accelerate the financing, construction and operation of key government infrastructure projects.
“PCCI fully supports government’s call on public private partnership. We believe on the long term results and benefits of such initiative as it will not only build better roads and bridges but also create jobs, fuel investments and boost the tourism industry thus attaining a sustained economic growth,” Chua said.
PCCI said the PPP should intensify the development of viable feasibility studies for priority projects jointly both the government and the private sector and enhance and expand existing guidelines on Build-Operate-Scheme (BOT) to allow greater private sector involvement and flexibility to participate in worthwhile projects.
PCCI lists the following infrastructure projects which could be fast-tracked for implementation: LRT South Extension, LRT 2 extensions, Cavite-Laguna (CALA) toll-road, C6 phase 1 and LCC Terminal Diosdado Macapagal International Airport (DMIA).
On logistics and transportation, PCCI proposes the crafting of a master plan in airports and port constructions to rationalize and avoid duplication of investments.
It also places its support for reciprocal open skies policy and the amendment of EO 514 series of 1992 that would strengthen the regulatory and supervisory functions of DOTC over maritime enterprises.
Moreover, the agency shall also undertake the registration and accreditation of sea freight forwarders and other similar enterprises.
PCCI’s policy recommendations for infrastructure development will form part of the broader set of Resolutions that will be presented during the 36th Philippine Business Conference and Expo (PBC&E).
President Aquino is expected to receive and give his reaction to these Resolutions.
The PBC&E is the biggest annual gathering of businessmen in the Philippines to dialogue with government and other stakeholders on key policy issues that affect the country’s state of business and economy.