MANILA, Feb. 19 (PNA) — Experts and finance officials will meet in Tagaytay City on March 4 to 6 to discuss the Public-Private Partnership (PPP) program as well as infrastructure, as part of this year’s Asia-Pacific Economic Cooperation (APEC) forum, which is being hosted by the Philippines.
When the 4th APEC PPP Experts Advisory Panel Meeting opens on March 4, participants will get a report from the APEC Secretariat and Indonesia regarding the discussions made and decisions taken during the panel’s third meeting, as well as updates on the works undertaken by Indonesia or the panel.
Indonesia will also give an update on its PPP unit and its various PPP projects, as well as the challenges the country faces.
The Philippines will also give inputs during the discussion, presenting its own PPP programs and the work of the Philippine PPP Center and PPP projects that are in the pipeline.
After the discussions on PPPs, officials will gather for the APEC Finance and Central Bank Deputies’ Meeting (FCBDM) to tackle the current economic outlook and financial condition in the region, and the Cebu Action Plan, as well as how to promote financial integration, advance fiscal transparency, enhance financial resiliency, and support infrastructure development and financing.
The Tagaytay meeting is a build-up to the APEC Leaders’ Meeting in November.
Since its formation in November 1989, the APEC has become the premier forum for facilitating economic growth, cooperation, trade and investment in the Asia-Pacific region.
The APEC groups 21 member economies: Australia; Brunei Darussalam; Canada; Chile; People’s Republic of China; Hong Kong, China; Indonesia; Japan; Republic of Korea; Malaysia; Mexico; New Zealand; Papua New Guinea; Peru; The Philippines; The Russian Federation; Singapore; Chinese Taipei; Thailand; The United States of America; and Viet Nam.
This year’s meetings carry the theme, “Building Inclusive Economies, Building a Better World.” (PNA)