BusinessWorld E-paper
September 12, 2022
THE PROPOSED new revisions to the implementing rules and regulations (IRR) of the Build-OperateTransfer (BOT) Law may give private sector proponents more leeway in imposing higher fees and charges to the detriment of consumers, a public investment analyst said.
“There is nothing in the rules which prevent PPPs (public-private partnerships) from imposing automatic increases in fees and charges. In fact, the rules allow initial and future fees and charges to be implemented even without regulatory approval,” convenor of
think tank InfraWatch PH Terry L. Ridon told BusinessWorld”
