For the Philippine PPP program, 2016 emerged as a decisive period, even as change came predictably. The Public-Private Partnership Center witnessed the switching of guards twice, with Cosette V. Canilao, after five (5) years as its Executive Director, passed on the leadership to Andre C. Palacios, who held the helm for four (4) months and then, passed the same position to its current Executive Director, Ferdinand A. Pecson.
PPPs continue to play a dynamic role in delivering the country’s infrastructure agenda. For the duration of 2016, the PPP program sustained a robust pipeline of eleven (11) viable projects ready for procurement with another two (2) projects approved for procurement. Three (3) more were awaiting government approval. The entire PPP pipeline then, stood at 53 projects with an estimated total cost of Php 5,925.53 billion (USD 131.678).