Mindanao Development Authority (MinDA) Chairperson Secretary Leo Tereso Magno is urging Japan to expand its role in Mindanao’s development by investing directly in public-private partnership (PPP) projects, moving beyond traditional aid-driven support.
Speaking at the Japan–Philippines Business Dialogue on Infrastructure and PPP Opportunities, Magno emphasized that Mindanao offers strong investment potential, describing it as an underserved market with established demand for infrastructure.
He noted that many local government units (LGUs) struggle to implement PPP projects due to limited technical capacity, particularly in preparing feasibility studies, financial evaluations, and risk assessments—key requirements for project approval and execution.
Magno also highlighted structural and financial challenges, including the lack of dedicated PPP units and legal expertise in many LGUs, as well as the high cost of early-stage project development. He added that available support mechanisms, such as the Project Development and Monitoring Facility (PDMF), are not being maximized in the region.
To bridge these gaps, MinDA has strengthened its PPP facilitation efforts through a dedicated PPP Desk, which provides technical assistance and coordination for LGUs. In collaboration with the Public-Private Partnership Center of the Philippines, the initiative helps local governments prepare viable projects and connect with potential investors and funding sources.
He further pointed out that PPP projects often face delays due to political transitions, as project timelines typically extend beyond a single term of office, underscoring the need for continuity mechanisms.
Despite these constraints, Magno maintained that Mindanao is ready for increased investments, citing improvements in governance and a more supportive environment for private sector participation.
He identified key priorities moving forward, including enhancing the implementation of the PPP Code, strengthening LGU capabilities, encouraging early private sector engagement, and expanding financing tools to reduce risks in the initial stages of project development.
Magno’s push aligns with the national government’s Build Better More program under President Ferdinand Marcos Jr., which earmarks over P1.5 trillion for infrastructure in 2026, focusing on transport, renewable energy, and digital connectivity.
The two-day event concluded with business matching sessions and a site visit to New Clark City, highlighting opportunities in infrastructure, energy, digital development, and tourism.
