The city government of Valenzuela announced that the Department of the Interior and Local Government has adopted its “LGU P4” or or “Public-Private Partnership for the People Initiative for Local Governments” as a national policy.
In a statement, the public-private partnership is the second governance practice of Valenzuela that was broadened by the DILG to strengthen partnerships between the local governments and the private sector in the delivery of infrastructure and basic services.
The first one was the city’s 3S Plus in Public Service Program, which became one of the bases for the joint memorandum circular signed by DILG and Departments of Trade and Industry and Information and Communication Technology.
DILG Secretary Ismael Sueno said LGU P4 allows private sector participation in the provision of infrastructure and social services that will be carried out by the local government.
Mayor Rex Gatchalian in a forum organized by the DILG-Local Government Authority last month, presented before a delegation composed of representatives from the academe, local government and national government agencies the success story of the city in applying the PPP model in implementing urban renewal initiatives for the benefit of the people.
Valenzuela City started engaging in PPP when the City Ordinance 140, Series of 2014 or the city”Ÿs “Joint Venture Ordinance” was promulgated in July 2014. Gatchalian mentioned two landmark LGU-initiated PPP projects–the construction and operation of the Valenzuela Town Center inside the Valenzuela People’s Park and the rehabilitation of the 22-year-old Marulas Public Market.
The mayor said the city government also maximized limited resources through utilization of private funds for public services such as the public market. He also emphasized that the city was able to boost the local economy due to the new investment that came in after the implementation of the two PPP projects.
