Republic Act No. 11966 or the “Public-Private Partnership Code of the Philippines” marks a remarkable advancement in the country’s approach to public-private partnerships. Villaraza and Angangco Law Partner Mark Benjamin C. Yam and Senior Associate Fritz Julius V. Casama delve further into this legislative milestone in their article, “Significant Changes and Transitory Provisions under the Republic Act No. 11966 or the New “Public-Private Partnership Code of the Philippines,” while the country awaits the issuance of the Implementing Rules and Regulations which is expected to happen sometime this March 2024.
Published by the In-House Community last January 18, 2024, this comprehensive article dives into the historical evolution of Public-Private Partnerships (PPPs) in the Philippines, provides an overview of the key changes and transitory provisions introduced by the new code, and explores the concerns and ambiguities regarding the application of the code.
Read the full article here: https://www.inhousecommunity.com/article/significant-changes-transitory-provisions-republic-act-no-11966-new-public-private-partnership-code-philippines/