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Infrastructure

Image: A team from Australia’s Treasury’s Infrastructure and Commercial Advisory (ICA) Office visited the Philippines for a policy dialogue on using public-private partnerships for major infrastructure projects.

As a Strategic Partner, Australia is partnering with the Philippines on policy development, to improve infrastructure and contribute to inclusive economic growth and quality of life for Filipinos.

In March 2023, the Australian Government launched its Partnership for Infrastructure (P4I) initiative in the Philippines. P4I, Australia’s flagship infrastructure initiative in Southeast Asia, is expanding our infrastructure cooperation with the Philippines by:

  • supporting a new partnership between the Australian Treasury’s Infrastructure and Commercial Advisory Office and the Philippines Public-Private Partnership Center;
  • assisting the Philippines Department of Transportation to develop a robust infrastructure pipeline by refining investment prioritisation and ensuring the appropriate mix of financing strategies across its portfolio;
  • working with the Philippines Government Procurement Policy Board to strengthen infrastructure procurement guidance, including by embedding green procurement;
  • helping address key energy sector challenges, meet climate commitments and accelerate the clean energy transition; and
  • funding the World Bank to advance the Philippines’ clean energy transition and to improve transport connectivity in Mindanao.

Through P4I, Australia is helping the Philippines improve infrastructure governance and thus enable it to attract more quality infrastructure financing.

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