Stock News 2010: Public-private partnership projects to cost nearly P740 billion

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THE AQUINO administration on Friday unveiled the broad outlines of its plan to mount infrastructure projects through so-called private-public partnerships (PPPs), estimating an initial tally of around 80 projects that will cost nearly P740 billion.

Mr. Paderanga bared a "short list" of 10 projects that will be ready for rollout or tender next year, with an estimated investment requirement of P127.8 billion:

1. extension of the Light Rail Transit (LRT) Line 1 to Bacoor, Cavite (P70 billion);
2. extension of the LRT Line 2 to Masinag Junction in Antipolo (P11.299 billion);
3. a new airport in Bohol (P7.543 billion);
4. a "city terminal" for the Diosdado Macapagal International Airport in Pampanga (cost to be determined);
5. privatization of the operation and maintenance contract of the Laguindingan airport in Misamis Oriental (cost to be determined);
6. a new airport in Puerto Princesa (P4.362 billion);
7. an expressway connecting the North and South Luzon tollways (P21 billion);
8. the Cavite-Laguna Expressway (P10.5 billion);
9. supply of treated bulk water for Metro Manila (cost to be determined); and
10. a new airport in Daraga, Albay.

http://www.bworldonline.com/main/content.php?id=17962

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