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Phl dangles PPP projects to Singaporean investors
The Philippine Star
|September 20, 2024
The Philippines is wooing more Singaporean firms to put their resources and invest in the country's public-private partnership (PPP) projects, particularly those that will boost tourism and manufacturing.
During the 4th PhilippineSingapore Business and Investment Summit in Singapore, Finance Secretary Ralph Recto said Singapore's role has never been more crucial as the Philippines moves to enhance its logistics backbone and human capital through various investments.
Recto said the country needs more of Singapore's expertise and technology for the 186 flagship infrastructure projects especially after the passage of the PPP Code.
"We invite you to submit unsolicited proposals, respond to solicited ones or explore more joint ventures with us," Recto said.
Specifically, the finance chief emphasized that the Philippines wants more participation from top-tier partners in Singapore like the Changi Airport Group as the country modernizes major airports across the archipelago.
Cette histoire est tirée de l'édition September 20, 2024 de The Philippine Star.
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