Speaking at the InvestPH conference on Tuesday, Finance secretary Frederick Go highlighted the administration’s push to roll out large-scale infrastructure deals, including three major airport projects awarded within the first half of the Marcos Jr. administration.
These include the Manila International Airport, New Bohol International Airport, and Laguindingan International Airport, marking one of the fastest rollouts of transport PPPs in recent years.
“When we first said we would privatize the Manila airport, nobody believed us. Today, we have done three in just the first half of the admin. I hope you are convinced,” Go said.
“Despite the distractions, this government means business and will continue to pursue the right reforms and programs,” he added.
Beyond airports
The pipeline is expanding beyond airports, with the government approving a P105.7 billion PPP for public school infrastructure aimed at addressing classroom shortages and improving learning environments.
In total, the government is tracking 209 infrastructure flagship projects, with 49 under PPP, while inviting investors to participate in both solicited and unsolicited proposals.
Reforms aimed at reducing friction
Alongside project rollout, the government is pushing reforms to improve ease of doing business and reduce execution risks.
These include resolving funding obligations under the CARS Program, easing visa rules for Indian and Chinese visitors, and revamping tax audits under a new Single-Instance Audit Framework.
The new system limits audits to one letter of authority per taxable year and introduces more digital processes to reduce discretion and prevent abuse.
Digital push and accountability
Authorities have also rolled out digital tools such as a Letter of Authority verifier, Certificate of Registration checker, and an interactive tax calendar to improve transparency and compliance.
At the same time, tighter anti-corruption measures and stronger coordination across agencies are being pushed to strengthen trust in institutions.
—Edited by Miguel R. Camus
