Bautista seeks big-ticket infra projects funding

Transportation Secretary Jaime Bautista on Thursday urged the private sector to collaborate with the government to realize mammoth infrastructure projects of the Ferdinand “Bongbong” Marcos Jr. administration.

“There is a need to undertake a crucial transport infrastructure project in collaboration with the private sector, including member firms of the PCCI. Some of our big-ticket projects have encountered limited budget allocations from the national government. We are actively pursuing the public-private partnership scheme to complete a number of these projects,” Bautista said during the 48th Philippine Business Conference and Expo 2022 at the Manila Hotel, organized by the Philippine Chamber of Commerce and Industry.

In addition, the Transportation Secretary said the government is planning to invite as many private sector participants in its infrastructure projects, such as the privatization of the EDSA Carousel, the operation of the country’s seaports, the privatization of 10 provincial airports, Manila International Airports, Cebu bus rapid transit projects, among others.

“This is the way for us to move forward towards providing safe, affordable, convenient, and accessible transportation. With a vibrant and modern transport system, we aim to increase productivity and efficiency for our commuters and travelers,” according to Bautista.

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