EconomyForex

NIA may open 50 irrigation projects to PPP

1 Mins read
JAPAN INTERNATIONAL COOPERATION AGENCY

THE National Irrigation Authority (NIA) said it has prepared a list of 50 projects that may be opened up to public-private partnerships (PPPs), including hydropower and floating solar power facilities.

In a statement over the weekend, NIA said: “At present, NIA has 50 potential irrigation projects for PPP nationwide (including) major or big-ticket multipurpose projects with hydropower component that can have potential floating solar power farms, and small river irrigation projects (SRIPs) or medium-sized dams with reservoirs that have the potential (to host) floating solar power farms and/or mini-hydro power plants,” the NIA said.

With power generation, irrigation, and climate change mitigation and adaptation infrastructure projects eligible for PPPs, “NIA sees partnership with the private sector (as) an opportunity to gain improved efficiency and project implementation processes in delivering services to the public, especially our farmers.”

According to the NIA, some of the potential major multipurpose projects for PPP include the Balog-Balog Multipurpose Project (hydropower component) in Tarlac; the Ilocos Sur-Ilocos Norte-Abra Irrigation Project in Region 1; the Panay River Basin Integrated Development Project in Capiz, the Ilaguen Multipurpose Irrigation and Power Project in Isabela; and the Balintingon Multipurpose Project in Nueva Ecija.

“Irrigation development in the Philippines is very slow at 2% of the potential irrigable area of about 1.3 million hectares annually due to lack of budgetary support to fast-track implementation of big-ticket multi-purpose projects; slow phase of project preparation due to failure of local consultants to deliver necessary outputs like feasibility studies and detailed engineering designs; and conversion of developed irrigated areas to other land uses like residential, industrial and other purposes,” the NIA said.   

“With PPP’s focus on reduced costs, better risk allocation, faster implementation, improved services and possible generation of additional revenue, the NIA top management officials calls on the private sector (to make) much-needed investments in Philippine agriculture,” the NIA said. — Revin Mikhael D. Ochave 

Related posts
EconomyForex

ADB sees PHL returning to 6% growth by 2027

2 Mins read
A photo shows the central business district in Makati City. — PHILIPPINE STAR/RYAN BALDEMOR THE PHILIPPINE ECONOMY could return to around 6%…
EconomyForex

Groups flag P633 billion corruption risk in bicam-approved 2026 budget

2 Mins read
HANDOUT COURTESY OF OFFICE OF SEN. GATCHALIAN Multisectoral groups on Monday raised their recommendations on the P6.793-trillion national budget approved by the…
EconomyForex

US fighter jet, helicopter crash in South China Sea during routine drills

1 Mins read
US fighter jet, helicopter crash in South China Sea during routine drills – BusinessWorld Online                                    …
Power your team with InHype
[mc4wp_form id="17"]

Add some text to explain benefits of subscripton on your services.

Leave a Reply

Your email address will not be published. Required fields are marked *