The government of Philippines plans to relax foreign ownership restrictions, stated in the Constitution, to encourage the use of public-private partnerships (PPP) and to attract foreign investment.

Currently, the Philippine constitution limits foreign ownership of property to 40%. The government aims to increase this limit in order to create greater competition and open the economy.

According to the government there are only a few companies bidding in most of the tender processes. Not many foreign companies are actually bidding for the projects. Lifting foreign ownership restrictions could be a solution.

The Philippine Congress is currently studying how to implement these changes.

The Philippines has been consistently working on PPP projects during the last three years. The Philippine Government  has created  a solid and robust pipeline of projects.

Eight PPP projects have been awarded, so far:

• Daang Hari-South Luzon Expressway Link Road;
• Ninoy Aquino International Airport Expressway;
• First phase of the PPP for School Infrastructure Project (PSIP);
• PSIP's second phase;
• Philippine Orthopedic Center modernization;
• Automatic Fare Collection System; and
• Mactan-Cebu International Airport Passenger Terminal Building.
• NAIA Expressway PPP project

Seven others have been rolled out:

• Integrated Transport System (ITS) Project-Southwest Terminal;
• ITS Project-South Terminal;
• Bulacan Bulk Water Supply Project;
• Cavite-Laguna Expressway;
• LRT Line 1 Cavite Extension Operation & Maintenance;
• Laguna Lakeshore Expressway-Dike PPP project; and
• LRT Line 2 Operations and Maintenance (O&M) PPP project