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Diokno: PPP-funded projects worth half of Marcos’ ₱9-T infra program

Metro Manila (CNN Philippines, April 21) — The administration of President Ferdinand Marcos Jr. is turning to public-private partnerships (PPPs) to fund half of its multi-trillion peso infrastructure program, his finance chief said Friday.

“The whole program is worth ₱9 trillion, and half of that would be through public-private partnerships,” Finance Secretary Benjamin Diokno told CNN Philippines’ The Exchange.

Of the 194 major projects under the “Build Better More” infrastructure program, Diokno said 47 of these are of “PPP variety.”

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