British firms have expressed interest to assist Philippines by sharing their technical expertise in public-private partnership (PPP) projects.
The UK Minister of State Jeremy Browne, expressed support to Philippines’ economic development by offering British expertise in PPP projects.
He highlighted UK’s extensive experience in public-private partnership projects in transport, health and education sectors, and financial, legal and transaction service expertise.
“We are in the business of trying to make sure that we offer solutions and we bring expertise in a way that brings great social benefit and progress to the Philippines,” Browne said.
Browne led the UK Infrastructure Investment Mission, composed of firms involved in infrastructure, engineering and design, technical consultancy, and project operations management.
In the Investment Briefing held at Board of Investments, the delegates were introduced to PPP projects and the successful models of existing PPP projects.
Derek Page, Director of UK Trade and Investment in Manila, said there is a strong interest from the British businesses to take part in PPP projects, particularly in major infrastructure such as the LRT-MRT Extension project under DOTC and the modernization of Philippine Orthopedic Center under DOH.
“These projects will undoubtedly involve some of large Filipino companies, it is important for our (British firms) to get into contact with them and make our business capabilities known to them,” Page said.
Aside from said projects, a British company has offered its technology to Manila Water Company (MWC) to assist in their expansion projects.
Tim Mattison, MWC Operations Support Director, said they are looking on the possibility of applying the trenchless technology of Naylor Company, a British firm specializing in water drainage systems.
Trenchless technology is a method of installing underground pipelines with minimal disruption to the traffic and activities above the ground.
“What we look for are people who might want to come in as technical partners, we’re interested in anybody who can help bring down the cost of project and public inconvenience,” told Mattison.