Project Name | Republic of the Philippines: Transaction Advisory Services for the Preparation of Public-Private Partnership Projects | ||||
Project Number | 57039-001 | ||||
Country / Economy | Philippines |
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Project Status | Active | ||||
Project Type / Modality of Assistance | Technical Assistance |
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Source of Funding / Amount |
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Operational Priorities | OP1: Addressing remaining poverty and reducing inequalities OP3: Tackling climate change, building climate and disaster resilience, and enhancing environmental sustainability OP4: Making cities more livable |
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Sector / Subsector |
Energy / Renewable energy generation - solar Transport / Urban public transport |
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Gender | Some gender elements | ||||
Description | The transaction TA facility will support the development of bankable projects in the Republic of the Philippines, that will be implemented through Public-Private Partnerships (PPP). The TA facility will enable OPPP to provide transaction advisory services (TAS) to these projects and to engage technical, legal, and subject matter experts in support of TAS. The scope of OPPP's work will cover the conduct of due diligence, project preparation and structuring, developing financial models, assessing project financial viability, preparing project documentation (including concession agreements and tender documents), assisting in contract negotiations, regulatory support, project monitoring and performing other activities as may be required by the client Philippine government agencies leading to commercial and financial closure | ||||
Project Rationale and Linkage to Country/Regional Strategy | |||||
Impact |
Project Outcome | |
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Description of Outcome | |
Progress Toward Outcome | |
Implementation Progress | |
Description of Project Outputs | |
Status of Implementation Progress (Outputs, Activities, and Issues) | |
Geographical Location | Nation-wide, National Capital Region |
Summary of Environmental and Social Aspects | |
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Environmental Aspects | |
Involuntary Resettlement | |
Indigenous Peoples | |
Stakeholder Communication, Participation, and Consultation | |
During Project Design | |
During Project Implementation |
Responsible ADB Officer | Yew, Rachel |
Responsible ADB Department | Office of Markets Development and Public-Private Partnership |
Responsible ADB Division | Office of the Head, OMDP (OMOH) |
Executing Agencies |
Department of Energy Department of Transportation Dept. of Public Works & Highways National Power Corporation Philippine National Railways Power Sector Assets & Liabilities Mgt Corp (PSALM) |
Timetable | |
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Concept Clearance | - |
Fact Finding | - |
MRM | - |
Approval | 24 Apr 2023 |
Last Review Mission | - |
Last PDS Update | 19 May 2023 |
Milestones | |||||
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Approval | Signing Date | Effectivity Date | Closing | ||
Original | Revised | Actual | |||
24 Apr 2023 | 31 Aug 2023 | 31 Aug 2023 | 30 Apr 2028 | - | - |
Financing Plan/TA Utilization | Cumulative Disbursements | |||||||
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ADB | Cofinancing | Counterpart | Total | Date | Amount | |||
Gov | Beneficiaries | Project Sponsor | Others | |||||
2,500,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2,500,000.00 | 25 Sep 2023 | 0.00 |