PH renews Singapore tie-up for PPP projects

SINGAPORE — The Philippines has again tapped Singapore’s expertise in public-private partnerships, renewing a pact to connect Singaporean firms with local infrastructure projects.

Infrastructure Asia, a Singapore government-backed project facilitation office, renewed its memorandum of understanding with the Public-Private Partnership (PPP) Center of the Philippines on Tuesday.

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This agreement extends a partnership that has been in place since 2019 and has supported Philippine infrastructure projects through market facilitation, project development and financing initiatives.

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Under the renewed pact, Infrastructure Asia and the PPP Center agreed to deepen cooperation in project development, financing and capacity building to improve project preparation, enhancing bankability and mobilizing investment.

This partnership is also expected to place greater emphasis on circular-economy projects, particularly waste-to-energy facilities and sustainable solid waste management systems, according to PPP Center Executive Director Rizza Blanco-Latorre.

“Our collaboration with Infrastructure Asia helps connect project sponsors, governments, financiers, and technical experts to strengthen project preparation, enhance bankability and mobilize investment for sustainable infrastructure across the region,” Blanco-Latorre said.

Infrastructure Asia on Tuesday also renewed agreements with the World Bank Group and Indonesia Infrastructure Guarantee Fund, while signing a new partnership with the Private Infrastructure Development Group.

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These agreements were signed on the sidelines of the Asia Infrastructure Forum 2026, which gathered more than 800 government officials, investors, developers and financiers in Singapore. More than 15 infrastructure projects across Asia worth over $16 billion were presented at the forum.

MMSP, MRT-3, LRT-2

Transportation Undersecretary Timothy Batan presented the operation and maintenance packages of Metro Manila Subway Project, worth $2.95 billion, as well as that of the Metro Rail Transit Line, worth $600 million. Both are backed by the Asian Development Bank.

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Batan also presented the $600-million PPP project to rehabilitate Light Rail Transit Line 2, backed by the International Finance Corporation.

Philippine clean-energy firm Zenith Renewable Holdings Corp. also showcased its planned $450-million renewable energy pipeline, which could add up to 350 megawatts of generation capacity and is seeking potential co-developers.

“(This) provides the investors and financiers in the room with visibility of a pipeline of projects that Asia has to offer,” said Infrastructure Asia executive director Lavan Thiru. “This is especially important when the private sector needs to play a larger role in financing regional infrastructure projects.”

Infrastructure Asia is a project facilitation office established by the Singapore government through the Monetary Authority of Singapore and Enterprise Singapore, a board under the city-state’s Ministry of Trade and Industry.

The organization identifies the Philippines as one of its six priority markets in Asia, where it assists in projects involving energy, logistics, transport, water and waste management.

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In the Philippines, Infrastructure Asia has supported several major PPP initiatives, including market-sounding activities for the North-South Commuter Railway, the Philippine Transportation System Master Plan, the Philippine Automated Fare Collection System, and the automated fare collection system package under the Davao Public Transport Modernization Project. /pai INQ