The Asian Development Bank (ADB) has approved a $30 million loan to support the Philippines’ infrastructure development through public–private partnerships (PPPs). The loan will replenish the government’s Project Development and Monitoring Facility (PDMF), managed by the Public–Private Partnership Center (PPPC), helping to prepare and implement bankable PPP projects in the country.
The funds will support up to 35 national and local PPP initiatives from 2025 to 2029, focusing on key areas like railways, transport networks, and community facilities. All projects will undergo climate risk screening to align with the Philippines’ climate goals and contribute to sustainable growth.
Pavit Ramachandran, ADB Philippines country director, emphasized the country’s leadership in using PPPs to address infrastructure gaps and promote climate-resilient development. The loan will also enhance the capacity of government agencies and local units to develop and manage these projects, ensuring their long-term success and fiscal sustainability.
The initiative builds on ADB’s ongoing efforts to foster private sector participation in infrastructure, supported by previous policy loans and technical assistance programs.
