DOTr unveils major projects up for PPPTransportation Secretary Jaime Bautista said the Marcos administration has to cut its financing for several large-scale projects, as the government rebalances its cash flow after spending hard for pandemic measures. MANILA, Philippines — The Department of Transportation (DOTr) yesterday rallied investors to take part in some public-private partnership (PPP) projects to ensure that big-ticket infrastructure are delivered, as the government faces a widening budget deficit. As such, Bautista called on the private sector to review the menu of PPP projects available for them. For one, Bautista aired his willingness to privatize at least 10 regional airport projects after his agency received just P2.49 billion for aviation development for 2023. We are, therefore, actively pursuing the PPP scheme to complete a number of these projects,” Bautista said.

Source: Philippine Star October 20, 2022 16:52 UTC