Cebu City signed a joint venture agreement for Waste-to-Energy facility
The Cebu City Government has signed a joint venture agreement (JVA) with New Sky Energy Inc. (NSEI) for a waste-to-energy (WTE) facility in Cebu City, Philippines.
The PHP4.8 billion (US$81.34 million) WTE project will be built over an area of six ha and has the capacity to provide electricity for 40,000 households and give the city P24 million (US$0.41 million) per year in gross power sales revenues.
NSEI will be responsible for the construction and operation of the facility for 40 years before handing it over to the city.
Country updates
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October 04, 2022
Philippines to launch Swiss Challenge for CBEX PPP Project
The provincial government of Cavite is set to launch the Swiss Challenge in November, 2022 on San Miguel Corp's unsolicited proposal for the Cavite-Batangas Expressway (CBEX) under public-private...
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September 22, 2022
Contract awarded for Sangley Point International Airport (SPIA) PPP project in Cavite
The Cavite provincial government has awarded a contract to Virata-Yuchengco-led SPIA Development Consortium for the development of the Sangley Point International Airport (SPIA) PPP project in Ca...
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The Build-Operate-Transfer (BOT) Implementing Rules and Regulations (IRR) Committee in the Philippines has approved the proposed amendments to the 2022 IRR of the BOT Law on September 1...
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September 19, 2022
NIA's PPP investment pledges reach US$16 billion
The National Irrigation Administration (NIA) has announced a total investment pledge of more than PHP1 trillion (US$16 billion) from potential private partners for irrigation public-private partn...
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September 19, 2022
Philippines approves amendments to 2022 IRR of BOT Law
The Build-Operate-Transfer (BOT) Implementing Rules and Regulations (IRR) Committee has approved the amendments to the 2022 IRR of the BOT Law in a meeting at the Department of Fin...
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