The amended law is positioned to attract more foreign investments, providing less stringent requirements for potential foreign investors to enter the Philippine market despite the COVID-19 pandemic.
Last modified: April 28, 2022 The 2022 Revised Implementing Rules and Regulations (IRR) of Republic Act No. 6957, “An Act Authorizing the Financing, Construction, Operation and Maintenance of Infrastructure Projects by the Private Sector and for Other Purposes”, as amended by Republic Act No. 7718, is effective on April 26, 2022 following its publication in continue reading : 2022 Revised Implementing Rules and Regulations (IRR) of Republic Act No. 6957, “An Act Authorizing the Financing, Construction, Operation and Maintenance of Infrastructure Projects by the Private Sector and for Other Purposes”, as amended by Republic Act No. 7718
Download the IRR here.
The PPP Center, on behalf of the BOT Law IRR Committee, invites all partner stakeholders and the public to provide inputs and comments on the proposed amendments to the 2012 Implementing Rules and Regulations (IRR) of the Amended Build-Operate-Transfer (BOT) Law. The BOT Law IRR Committee considered these three main objectives for the proposed amendments: continue reading : Proposed Amendments to the 2012 Revised Implementing Rules & Regulations (IRR) to the Philippine Amended Build-Operate-Transfer (BOT) Law
Republic Act (RA) No. 11293 otherwise known as the “Philippine Innovation Act” was signed by President Rodrigo R. Duterte on April 17, 2019. The law mandates the creation of the National Innovation Council (NIC) that will steer the whole-of-government coordination and collaboration and to remove the fragmentation in the country’s innovation governance. The NIC is continue reading : The Philippine Innovation Act
April 16, 2019 Bulk of the Rice Competitiveness Enhancement Fund (RCEF) will be used to modernize rice farms and support the government’s goal of increasing the sector’s productivity, the National Economic and Development Authority (NEDA) said. Republic Act No. 11203 mandates the establishment of RCEF, which guarantees the rice sector PhP 10-billion financial support annually continue reading : PHP5-B OF RCEF TO GO TO RICE FARM MECHANIZATION
December 19, 2017 The National Economic and Development Authority (NEDA) welcomes the passage of the Tax Reform for Acceleration and Inclusion (TRAIN) bill, which was signed today by President Rodrigo Duterte. TRAIN is the first package of the government’s proposed Comprehensive Tax Reform Program, or CTRP, which is seen to generate additional revenue to fund the country’s continue reading : PASSAGE OF TRAIN, 2018 GAA TO FURTHER DEVELOPMENT AGENDA – NEDA
Implementing Rules and Regulations of Executive Order No. 78, Series of 2012, Mandating the Inclusion of Provisions on the use of Alternative Dispute Resolution Mechanisms in all Contracts involving Public-Private Projects, Build-Operate and Transfer Projects, Joint Venture Agreements between the Government and Private Entities and those entered into by Local Government Units Download the continue reading : Implementing Rules and Regulations of Executive Order No. 78