Private fund infusion in PPP deals across ASEAN

Pres. Rodrigo R. Duterte has vowed to raise the Philippines’ infrastructure profile by the end of his term, committing to set aside an infrastructure budget that is equivalent to at least five percent of gross domestic product (GDP) over that period. His commitment comes after the previous administration’s disappointing record of project completion under the Public-Private Partnership (PPP) program. Despite this, the Philippines’ PPP pipeline has been one of the most robust across the Association of Southeast Asian Nations (ASEAN). Data from the World Bank show that the country enjoyed the biggest private infusion for PPP deals in recent years.