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The Study on Ppp Institutional Building in the Philippines Final Report

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The Study on Ppp Institutional Building in the Philippines Final Report THE STUDY ON PPP INSTITUTIONAL BUILDING IN THE PHILIPPINES FINAL REPORT BUILDING IN THE PHILIPPINES FINAL INSTITUTIONAL ON PPP THE STUDY THE STUDY ON PPP INSTITUTIONAL BUILDING IN THE PHILIPPINES THE STUDY ON PPP INSTITUTIONAL BUILDINGFINAL IN THE REPORT PHILIPPINES FINAL REPORT September 2013 September 2013 JAPAN INTERNATIONALSeptember COOPERATION 2013 AGENCY KRI INTERNATIONAL CORP. JAPAN MITSUBISHIINTERNATIONAL RESEARCH COOPERATION INSTITUTE, INC. AGENCY CTI ENGINEERING INTERNATIONAL CO., LTD. KRI INTERNATIONAL CORP. MITSUBISHI RESEARCH INSTITUTE, INC. CTI ENGINEERING INTERNATIONAL CO., LTD. 1R JR 13 - 025 THE STUDY ON PPP INSTITUTIONAL BUILDING IN THE PHILIPPINES THE STUDY ON PPP INSTITUTIONAL BUILDINGFINAL IN THE REPORT PHILIPPINES FINAL REPORT September 2013 JAPAN INTERNATIONALSeptember COOPERATION 2013 AGENCY KRI INTERNATIONAL CORP. JAPAN MITSUBISHIINTERNATIONAL RESEARCH COOPERATION INSTITUTE, INC. AGENCY CTI ENGINEERING INTERNATIONAL CO., LTD. KRI INTERNATIONAL CORP. MITSUBISHI RESEARCH INSTITUTE, INC. CTI ENGINEERING INTERNATIONAL CO., LTD. Final Report September 2013 Table of Contents Introduction ...................................................................................................................................... 1 Chapter 1. Current Status of PPP Program in the Philippines ................................................... 3 1.1 Background and Current Status of PPP ...................................................................................... 3 1.1.1 Introduction of BOT/PPP and Stagnation Afterwards .......................................................... 3 1.1.2 New PPP Initiative of the Current Administration ............................................................... 3 1.1.3 Current Status of PPP Project Pipeline ................................................................................. 4 1.2 Legal, Institutional, and Planning Frameworks of PPP .............................................................. 7 1.2.1 Legal Framework ................................................................................................................. 7 1.2.2 Organizational Framework ................................................................................................. 10 1.2.3 Planning Framework .......................................................................................................... 12 1.3 Recent Discussion on Improvement of PPP Legal Framework ................................................ 13 1.3.1 Proposed Amendments to the BOT Law ............................................................................ 13 1.3.2 Latest Amendments to the BOT Law IRR.......................................................................... 15 1.3.3 Other Issues on PPP Legal Framework: ADR and Single Borrower Limitations .............. 19 1.3.4 Improvement of the Function of PPP Center ...................................................................... 22 1.4 Recent Issues of PPP Projects .................................................................................................. 23 1.5 Summary .................................................................................................................................. 26 Chapter 2. Current Status of PPP by Sector ................................................................................ 27 2.1 Road Sector - Department of Public Works and Highways (DPWH) ...................................... 27 2.1.1 Institutional Background .................................................................................................... 27 2.1.2 Organization for PPP Projects ............................................................................................ 27 2.1.3 Administrative Process of PPP Project ............................................................................... 28 2.1.4 Current and Potential PPP Projects .................................................................................... 30 2.1.5 Sector’s Issues .................................................................................................................... 33 2.2 Railway Sector – Department of Transportation and Communications (DOTC)..................... 33 2.2.1 Institutional Background .................................................................................................... 33 2.2.2 Organization for PPP Projects ............................................................................................ 34 2.2.3 Administrative Process of PPP Projects ............................................................................. 35 2.2.4 Current and Potential PPP Projects .................................................................................... 35 2.2.5 Sector’s Issues .................................................................................................................... 36 2.3 Airport Sector (DOTC) ............................................................................................................ 36 2.3.1 Institutional Background .................................................................................................... 36 2.3.2 Organization for PPP Projects ............................................................................................ 36 2.3.3 Administrative Process of PPP Projects ............................................................................. 37 2.3.4 Current and Potential PPP Projects .................................................................................... 37 2.3.5 Sector’s Issues .................................................................................................................... 39 2.4 Water Sector- Metropolitan Waterworks and Sewerage System (MWSS) ............................... 39 2.4.1 Institutional Background .................................................................................................... 39 2.4.2 Organization for Water Sector in Metro Manila ................................................................. 39 2.4.3 Current and Potential PPP Projects in Metro Manila and Surrounding Areas.................... 40 2.4.4 Sector’s Issues .................................................................................................................... 41 2.5 Energy Sector - Department of Energy (DOE)......................................................................... 43 2.5.1 Institutional Background .................................................................................................... 43 2.5.2 Organization for Energy Sector .......................................................................................... 44 2.5.3 Current and Potential PPP Projects .................................................................................... 44 2.5.4 Current Status of the Sector ................................................................................................ 44 2.5.5 Sector’s Issues .................................................................................................................... 46 2.6 Summary .................................................................................................................................. 46 i Final Report September 2013 Chapter 3. Necessity of Integrated Master Plan for Strategic Infrastructure Development ... 48 3.1 Issues of Existing Master Plans ................................................................................................ 48 3.2 Scope and Function of Integrated Master Plan for Strategic Infrastructure Development ....... 49 3.2.1 Functions and Coverage of the Integrated Master Plan ...................................................... 49 3.2.2 JICA’s Support to Develop Integrated Master Plan ............................................................ 50 3.3 Example of Integrated Master Plans in Indonesia: MP3EI and MPA ...................................... 51 3.3.1 MP3EI (Masterplan for Acceleration and Expansion of Economic Development)............ 51 3.3.2 MPA (Metropolitan Priority Area) Master Plan.................................................................. 53 3.4 Summary .................................................................................................................................. 55 Chapter 4. Analysis on Public Financial Framework for PPP ................................................... 56 4.1 Introduction .............................................................................................................................. 56 4.1.1 Current Financial Situation and the Financial Sector ......................................................... 57 4.2 Current Public Financial Framework ....................................................................................... 59 4.2.1 Project Development and Monitoring Facility ................................................................... 59 4.2.2 Viability Gap Funding: PPP Strategic Support Fund ......................................................... 61 4.2.3 Public Guarantee Facility ................................................................................................... 62 4.2.4 Long Term Financing ......................................................................................................... 63 4.2.5 Summary of Review of the Four Facilities ......................................................................... 64 4.3 Analyses on Functions and Need for New Financial Facilities ................................................ 65 4.3.1 Analysis
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