Encouraging more private-public partnerships in critical projects such as roads, expressways, airports and seaports will help the government conserve its resources and borrowing capacity, Vice President Leni Robredo said. | onenewsph
Vice President Leni Robredo presents her economic platforms during the Meet The Presidentiables” forum co-presented by the Financial Executives Institute of the Philippines and Cignal TV on Jan. 21, 2022.
“At the Office of the Vice President, we were able to do so many things despite the limited mandate and resources because of collaboration with the private sector. This will help conserve government resources as well as our borrowing capacity for critical public projects,” she further explained. The Vice President said infrastructure will “definitely remain” a priority in her administration, but stressed that that these should be built in a “strategic and impactful manner.
“So it’s really important for me to focus on water resources management that will provide clean water for all by harnessing available water resources and implement projects for water impounding in major rivers of the country,” added the Vice President. “That is why public transport must be top of mind in any infrastructure agenda. But having said that, we would also like to prioritize the decongestion of major population centers such as NCR, Cebu, Davao and all the other major metropolitan areas, they would provide major food production centers with better access to markets,” she added.
“The Malampaya gas fields is running dry very soon. There are pending applications for service contracts that have not yet been acted upon,” she said. “It is very, very clear that the priority now should be moving away from fossil fuel dependence towards a shift to renewable technology. We should also ensure that energy costs do not hamper our economic trajectory,” she said.
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