Salient features of the Public-Private Partnership Code of the Philippines (Republic Act No. 11966)

06 December 2023

On December 5, 2023, President Ferdinand R. Marcos, Jr. signed into law the Public-Private Partnership (PPP) Code of the Philippines (Republic Act No. 11966).

The code unifies fragmented legal frameworks on PPP, clarifies the approval of national and local PPP projects, establishes a predictable tariff regime that safeguards public interest, and strengthens enabling institutions for PPPs, among other reforms.

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Brando C. Cabalsi

Brando C. Cabalsi

Tax Partner, PwC Philippines

Tel: +63 (2) 8845 2728

Mary Jade T.  Roxas-Divinagracia, CFA, CVA

Mary Jade T. Roxas-Divinagracia, CFA, CVA

Deals and Corporate Finance Managing Partner, PwC Philippines

Tel: +63 (2) 8845 2728

Jose Patrick S. Rosales

Jose Patrick S. Rosales

Tax Director, PwC Philippines

Tel: +63 (2) 8845 2728