A strange creature called PPP
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The flagship projects of Noynoy under the so-called private-public partnership (PPP) scheme have not started and yet controversy is already hounding those that have been lined for bidding.
The problem is basic. Noynoy’s administration has failed to define how to implement these projects such as what really is a PPP scheme.
Many are led to believe that the PPP is patterned after the build-operate-transfer (BOT) scheme that was conceptualized to reduce costs for government in putting up infrastructure projects. Now it appears that this is totally not the case.
.Even Sen. Ralph Recto, a Noynoy ally and a former Socio-economic Planning secretary, appears astounded to learn that the PPP scheme for the pioneer projects involving the mass transit lines would involve the government paying an operator of the railways lines P15 billion.... MORE
Source: The Daily Tribune
URL: http://www.tribuneonline.org/commentary/20110511com1.html
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