“The challenge is acquiring the right of way and the get the balance of risk allocation right between the private and public sector,” Asian Development Bank Ong on Thursday during the Philippine Infrastructure Summit.
The law on right of way “is very tedious. It’s a long process funding,” she said, “adding that project officers must contend with coordinating with local government units, the courts in charge of expropriation, among others.” Earlier this month, the revised implementing rules and regulations for the Build-Operate-Transfer Law took effect.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: