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Sunday, November 24, 2024

USAID to support PPP projects

The United States Agency for International Development (USAID) signed a memorandum of understanding (MOU) with the Public-Private Partnership Center (PPPC) to establish a collaborative framework to develop a robust pipeline of PPP projects for local government units (LGUs) and other USAID partner institutions.

USAID acting mission director Rebekah Eubanks and PPP Center executive director Ma. Cynthia Hernandez signed the agreement.

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“With this memorandum of understanding, USAID looks forward to leveraging our collective strengths, expertise and resources so our efforts build upon each other’s successes. It is essential to foster an environment where partnerships can thrive, ensuring that both the public and private sectors can work together effectively toward common goals,” said Jay de Quiros, USAID economic growth specialist and private sector engagement co-lead.

Under the MOU, the PPPC will collaborate with USAID through its various projects to support its partner institutions in the development, evaluation, approval, procurement and implementation of PPP projects.

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