Philippines: Public-Private Partnerships by Local Government Units

Asian Development Bank Institute

Working Papers from eSocialSciences

Abstract: The paper narrates that as local government units (LGUs) have strived to carry out the responsibilities and activities devolved to them by the 1991 Local Government Code, they have explored and availed of various financing options including grants, loans, bonds, and public–private partnership (PPP) arrangements. The Local Government Code specifically authorized LGUs with financially viable infrastructure projects to enter into build–operate– transfer (BOT) agreements subject to the 1990 BOT Law and its Implementing Rules and Regulations (IRRs).

Keywords: Local; government; strived; responsibilities; financing; loans; bonds; public–private partnership; infrastructure; commercial; communication; technology; slaughterhouse; transport; hospitals. (search for similar items in EconPapers)
Date: 2017-05
Note: Institutional Papers
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