MANILA — The administration of President Ferdinand Marcos Jr. will continue the public-private partnerships (PPPs) in infrastructure development next year.
In the year-end report of the National Economic and Development Authority (NEDA) to be presented in Malacañang, it was said that the government will also promote local PPP projects in priority sectors.
This is to further strengthen the economy and create more jobs.
According to NEDA, apart from PPPs, the Marcos administration will also start the Investment Coordination Committee (ICC) appraisal and large national projects in 2023.
The Regional Development Plan (RDP), Public Investment Program (PIP) for 2023-2028, and the Three-year Rolling Infrastructure Plan (TRIP) for 2024-2026 will be finalized.
NEDA will also begin the implementation of the Philippine Development Plan (PDP) 2023-2028 which contains programs for faster economic recovery.
