More PPPs needed

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THE government should push for more public-private partnerships (PPPs), according to the head of the Malampaya deepwater gas-to-power project.

Malampaya General Manager Don Paulino emphasized the importance of government and the private sector collaboration to boost the country’s economy and address challenges.

“A robust ecosystem can only exist through collaboration and leadership. In the past, it is always great for somebody to be ahead. But one brilliant mind alone can’t solve the complexity of the problems we are facing today,” he said in a speech at a recent Philippine Institute of Chemical Engineers national convention.

Mr. Paulino noted the Malampaya is one of the most successful PPPs in the country. He said Malampaya continues to fuel up to 30% of the country’s power needs and has contributed over $10 billion in government revenues.