Marcos calls Clark airport model for PPPs, key to logistics hopes

President Ferdinand R. Marcos, Jr. said the Clark airport terminal deal is an exemplar of his government’s public-private partnership (PPP) ambitions, adding that the airport will be crucial in positioning the Philippines as a logistics hub. He made the remarks at the formal opening of the new terminal building at Clark International Airport, north of Manila. “This is the public-private partnership that we always talk about,” he said, noting that both parties can leverage their resources to achieve “synergy” via collaboration. Marcos said his government is “willing to change in terms of documentation, procedure, even structure, even legislation” to attract investment into the country. “We understand… the needs of our potential investors and we will… do everything so that that partnership (is) to the advantage of both the private sector (and) the public sector,” he said.<br/>
Business World
https://www.bworldonline.com/economy/2022/09/28/477379/marcos-calls-clark-airport-model-for-ppps-key-to-logistics-hopes/
9/28/22