ADB: Political interference, delayed payments deter foreign investors from Philippine PPP projects-ADB
Private-sector investors, especially foreigners, have grown hesitant to enter public-private partnership (PPP) projects in the Philippines due to political interference in contract pricing and delays in government compensation to private partners, according to the Asian Development Bank (ADB).
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President
Masato Kanda
ADB is a Philippines-based financial institution that provides services such as loans, grants and equity investments for individuals and businesses.
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