PPP investors eyed for Rizal Park upgrade

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The government is inviting prospective investors to develop a portion of Rizal Park, which has been designated as a flagship tourism enterprise zone, under a public private partnership scheme.

MANILA, Philippines — The government is inviting prospective investors to develop a portion of Rizal Park, which has been designated as a flagship tourism enterprise zone, under a public private partnership scheme.

The project involves financing, design, improvement, construction, as well as operation and maintenance of facilities and attractions in the park’s western section. The event would also allow the government to understand key considerations of the private sector in their potential involvement in the project.As part of its mandate, the PPP Center provides technical assistance to national government agencies, government-owned and controlled corporations, government financial institutions, state universities and colleges, and local government units in project development.

 

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