CFP has been engaged by a leading domestic investment group seeking to build a commercial port and mixed-use development complex through an unsolicited proposal. This mode of private sector investment in infrastructure got a boost from the Department of Finance, which has become more receptive to opening PPP ventures to unsolicited proposals that can deliver value for money after they are properly reviewed and subjected to competitive price challenge. For implementing agencies or LGUs that lack capacity to prepare PPP projects for public tender, this mode enables them to attract private sector investment and know-how in providing better public services without having to provide direct subsidies or guarantees. CFP is initially preparing a comprehensive project development framework and strategic options analysis to determine the most suitable legal framework, development strategy, government counterparty, and risk management including the approach for proposal preparation, submission and successful implementation.
CFP Advises on Strategic Options to Develop New Commercial Port Complex through an Unsolicited Proposal
April 10, 2017
