PH secures $30-M ADB loan for infra, climate-resilient PPP projects

December 13, 2024
10:48AM PHT

The Asian Development Bank (ADB) has approved a $30-million loan to enhance public–private partnership (PPP) projects in the Philippines, aiming to strengthen infrastructure development, advance climate action, and boost economic competitiveness.

The loan will replenish the Project Development and Monitoring Facility (PDMF), managed by the Public–Private Partnership Center (PPPC). This fund supports the design and implementation of bankable PPP projects while building the capacity of implementing agencies and local government units (LGUs).

The loan will support the design and implementation of bankable PPP projects./ Photo from the ADB

“The Philippines is considered one of the leaders in the Asia and the Pacific region in the use of PPPs as a modality for addressing infrastructure gaps and pursuing sustainable growth and development,” said ADB Philippines Country Director Pavit Ramachandran

“Through this new loan, ADB is helping ensure the continuous preparation of bankable and feasible climate-resilient PPP projects in the country as well as the availability of global expertise for successful PPP implementation,” he added.

From 2025 to 2029, the loan will support up to 35 national and local PPP projects, including railways, roads, transport networks, and community facilities. These projects will undergo climate risk assessments to align with the country’s nationally determined contributions.

Additionally, a comprehensive capacity-building program will be developed for the PPPC, implementing agencies, and LGUs. The loan will facilitate a project evaluation framework for emerging PPP sectors and a contingent liabilities framework to ensure fiscal sustainability.--Ed: CSN

Featured News
Explore the latest news from InsiderPH
Thursday, 7 May 2026
1 hour ago
ABS-CBN undertaker to caretaker? Piki Lopez seeks SEC role in ongoing feud
‘Piki torching the house he’s supposed to protect’ — Lopez cousins
6 May 2026
10:25AM
First Gen clarifies timing of P23-B “poison pill” amid Lopez dispute
4 May 2026
8:06PM
First Gen’s P23-B "poison pill" signed days after move to oust Piki Lopez
4 May 2026
11:32AM
Insight to the one percent
© 2024 InsiderPH, All Rights Reserved.