Government urged to draw up national development plan

MANILA, Philippines - Local businessmen are asking 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 (PPP).

PCCI president Francis Chua said that 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 an executive order 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 that 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 proposed the crafting of a master plan in airports and port constructions to rationalize and avoid duplication of investments.

At the same time, PCCI called on the government to create proactive policies to protect investors. “We are back in the global investment radar. What is important right now is to work on consistent and proactive policies to ensure that these investments are protected and sustained,” Chua said.

Chua further noted that PCCI will work hand in hand with the economic team of the Aquino administration to mainstream activities that will enhance the competitiveness of the country’s business environment.