PRESIDENT Aquino has officially launched the first batch of Public-Private Partnership (PPP) infrastructure projects expected to stimulate the economy and provide thousands of employment opportunities.
The first batch of five infra projects are the following: LRT 1 extension/upgrading and privatization of Operations and Maintenance (O&M) and privatization of MRT 3 Operation and Maintenance (O&M), both up for public bidding this month (March); the Daang Hari Road - South Luzon Expressway (SLEX) link road project which is open for bidding on April; the Ninoy Aquino International Airport (NAIA) Expressway Phase 2 on May; and the SLEX and North Luzon Expressway (NLEX) link project on June.
The NAIA Expressway Phase II project will link Skyway and Manila-Cavite Coastal Expressway, providing vital access to NAIA Terminals 1, 2, and 3. The P10.59 billion project will benefit economic zones in Cavite through the quicker transportation of products to NAIA as well as the Manila Port.