The DILG Region 6 in collaboration with Central Philippine University (CPU) continues to monitor the status of the LGUs’ enhanced feasibility study and project proposals for the Local Government Unit-Public Private Partnerships for the People (LGU P4) in a Consultation Workshop held last February 20, 2019 at Smallville 21 Hotel, Iloilo City.
“This is part of DILG’s commitment to promote the LGU-P4 Program which brings the concept of a public-private partnership to the LGUs thru PPP projects. DILG is continuously gathering inputs to identify possible areas of improvement on the proposed projects to ensure its feasibility and viability.” said DILG R6 LGU P4 Focal Person Medel Espinosa.
The consultation workshop is a follow-up activity of the series of interventions conducted last year. In 2018, the DILG and the CPU, as the partner local resource institute, train LGU functionaries on the basic preparation of feasibility study and engineering design to make a PPP project feasible and viable from conceptualization and implementation, up to the monitoring phase.
During the activity, the local government of Cadiz City, Negros Occidental; Jordan, Guimaras; and LGUs from Iloilo: Passi City, Oton, Tigbauan and Miag-ao presented updates on their enhanced feasibility studies that include the current status, environment scanning (SWOT Analysis), issues and challenges.
Prof. Patrocinio Pudadera Jr., a professor from CPU, was tapped as resource speaker. He emphasized the importance of having a feasibility study in implementing a PPP project and how it can help in determining if the project is sustainable and viable.
Feasibility study is a viability of an idea with an emphasis on market and financial analysis and identifying potential problems that may occur in all stages of the project implementation. It serves as a solid foundation in applying business ideas on project conceptualization, development, and implementation.
Pudadera led the workshops and ensured the participants that they will extend their technical expertise and further assistance to the LGUs whenever needed. The participating LGUs are expected to submit their final project proposals on or before March 29, 2019.
DILG R6 LGU-P4 Focal Person Medel Espinosa also provided updates on the DILG’s interventions in the promotion of LGU P4. This includes policy development and advocacy, capacity development, business matching and investment promotion, documentation and compendium development and Information sharing thru the LGU P4 data base.
PPP has been the vehicle for private sector participation in the provision of infrastructure and social services which bridges the gaps in the economy and social development. PPPs are mutually beneficial since the private partnermakes a substantial equity investment, and in return the LGU gains access to improved services.