The Philippines’ Public-Private Partnership (PPP) Center has approved Iloilo City’s Integrated Solid Waste Management (SWM) Facility Project for Project Development and Monitoring Facility (PDMF) support.
Iloilo City’s integrated SWM project aims to have sustainable solution for segregation, recovery, recycling, treatment, remediation, and waste-to-Energy. The project is also planned to extend further to nearby municipalities of Oton, Pavia, Leganes, Sta. Barbara and Dumangas.
According to PPP Center, PDMF support covers the conduct of feasibility studies, project structuring, preparation of tender documents, management of the bid process, and assistance until financial close. It further elaborated that PDMF is a revolving fund that supports pre-feasibility studies, feasibility studies, and other necessary pre-investment activities to help develop bankable PPP projects, as well as assistance for effective monitoring of PPP project implementation.
The PDMF facility is available for all national government agencies, government corporations, local implementing entities and state universities and colleges (SUCs), throughout the country.
(Sources: PPP Center; Panay News; Sunstar Iloilo)