The guidelines were amended to align with related government issuances and initiatives especially on Public-Private Partnerships (PPPs), and specifically, to promote competition in JVs, improve checks and balances in these JVs, and enhance the monitoring of such ventures. With the effectivity of the said Guidelines, recurring issues observed in many JVs are addressed, and the continue reading : 2023 NEDA Joint Venture (JV) Guidelines
PSA IRR 2023Mar20
October 28, 2022 Recognizing the private sector’s critical role in reinvigorating job creation and reducing poverty, the government continues to work hard to create a more enabling regulatory and investment climate to support businesses in the country, the National Economic and Development Authority (NEDA) said. In his remarks at the US-ASEAN Business Council meeting on continue reading : PH GOV’T TO CREATE MORE ENABLING REGULATORY, INVESTMENT CLIMATE FOR BUSINESSES –NEDA
Following the approval by the Build-Operate-Transfer (BOT) Law Implementing Rules and Regulations (IRR) Committee, the Revised 2022 IRR of the BOT Law has now been published in a newspaper for general circulation. The measure shall be effective on October 12, 2022. The approved Revised 2022 IRR was the result of inter-agency technical meetings and public continue reading : Revised 2022 IRR of the BOT Law (RA 6957) as amended by RA 7718
The Build-Operate-and-Transfer Implementing Rules and Regulations (BOT IRR) Committee has approved the proposed amendments to the 2022 IRR of the BOT Law on September 15, 2022. The approved amendments are based on the written comments received from stakeholders, inputs from stakeholders during the public consultation held on September 13, 2022, and the IRR Committee deliberations continue reading : Marked-up version of the Revised 2022 IRR of the BOT Law
MANILA – The government remains committed to transparency and participatory processes through active stakeholder engagement for public-private partnerships (PPP). This is to ensure the right balance between public and private interests in PPP policies and projects that will contribute to post-pandemic economic transformation, the National Economic and Development Authority (NEDA) said. In his opening remarks continue reading : PH GOV’T COMMITTED TO TRANSPARENCY IN PPP — NEDA
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