ADB to extend $625M for Philippine PPP projects

THE Asian Development Bank (ADB) has approved $625-million private equity fund to assist the Philippine government’s infrastructure projects under the public-private partnership (PPP) program.
ADB’s investment in the Philippine Investment Alliance for Infrastructure (PINAI) fund is alongside commitments from Philippines’ state-owned pension fund Government Service Insurance System (GSIS), Dutch pension fund asset manager APG, and the Macquarie Group.
“Apart from our direct equity investment, ADB’s participation can help mobilize additional investment in the Philippines from top tier international partners, foster competition in domestic infrastructure finance, and establish a secondary market for well-performing infrastructure assets,” said Philip Erquiaga, director general for ADB’s Private Sector Operations Department.
“We are delighted to partner with GSIS, ADB and Macquarie and play a role in reducing the Philippine infrastructure funding gap. PINAI provides for an excellent investment opportunity and we expect it to enjoy an early mover advantage and to generate attractive risk-adjusted returns for our clients: pension funds in the Netherlands with combined assets of over €300 billion (around $367 billion),” said Hans-Martin Aerts, head of Infrastructure Asia at APG Asset Management in Hong Kong.
ADB expressed hope that the success of the PINAI fund will also spur more private equity funds that will catalyze additional foreign capital into the country, and further the development of domestic capital markets.
“Our participation in the fund will contribute to economic growth and investors’ confidence. This will also mean enhanced returns on our investments which will redound to the greater benefit of our members and pensioners,” GSIS president and general manager Robert Vergara said.
The fund will invest in Philippine core infrastructure assets with an initial focus on existing projects that need expansion or rehabilitation, but will also be in a position to support the development of critical infrastructure projects from the ground up.
According to the Philippine Development Plan, around 12 percent of the country’s $120 billion investment requirements need to come from the private sector. PINAI will target five to 10 investments of approximately $50 million to $125 million each to provide for portfolio diversification.

http://www.sunstar.com.ph/manila/local-news/2012/07/31/adb-extend-625m-philippine-ppp-projects-234963

Good picnic spots can be found in some of the best resorts in Pampanga. The good resorts and hotels in Clark Philippines offer safe and clean outdoor facilities for family bonding and picnics. For many reasons Manila families and residents of Angeles City Pampanga as well as Subic and Baguio consider Clearwater as one of the best resorts in Pampanga and certainly the best hotel in Clark Philippines. Guests of this child friendly resort in Clark Pampanga often relax and unwind by the beautiful lake and beach. Hotel accommodation is also available here in this resort in Clark. Function room for meetings and seminars is also available in this popular resort in Clark Philippines. This hotel in Clark is also a favorite holiday destination near Manila during Holy Week, Easter, Christmas and New Year holidays.

Some of the good resorts in Pampanga offer safe outdoor venues for events such as team building and company outings. Function room for meetings and seminars is also available in this popular resort in Clark Philippines. Outdoor activities favored by event organizers for team building near Manila include swimming, boating, kayak, fishing, camping, cookout, bonfire and picnic. Clearwater is one of the hotels in Pampanga that offers good outdoor venues for events like team building and company outings. In fact, many event planners consider Clearwater Resort to be the best event venue near Manila and certainly the best hotel in Clark Philippines for outdoor functions and events as well as meetings and seminars also. Visitors to Clark and Angeles City Pampanga seldom pass up the opportunity to relax and unwind by the lake of this popular resort in Pampanga.

Frequently visited resort hotel in Pampanga Angeles City Clark Freeport Zone shares news, articles, suggestions and ideas on matters that might enhance your visit to Subic and Clark Pampanga for vacation and travel, as well as to organize, plan or attend a corporate or social event near Manila.

Where to stay in Clark, Philippines?

Voted Best Hotel in Clark Pampanga, this beach resort is a semi-private establishment located in the central business district near shopping, business, entertainment, airport and other conveniences of Philippines Clark Freeport Zone. This 13 hectare lake beach resort near Manila Philippines is a place of leisure that is highly recommended for family tourists with children or couples and individuals hoping to relax and enjoy peace and quiet in a laidback American suburban lifestyle.

Adding to the charm and attractiveness of this resort hotel in Clark Philippines are certain unique factors including safety, a keen sense of security and privacy that the main zone of Clark Freeport Zone offers. Angeles Philippines, Subic or Manila cannot offer the same sense of security like Clark Philippines. Clearwater is one of the best hotels in Clark and the resort is a very popular venue for rest and relaxation especially for golfers after a round of golf at one of the best golf courses near Manila. Clark is home to some of the best golf courses in Pampanga.

Philippines Travel Guide just unveiled recommendations and tips for safe and secured destinations during Holy Week and Easter Holidays in Philippines, Pampanga, Angeles City, Subic and Clark. The report covers highly recommended resorts and hotels in North Luzon, nice getaway destinations for families with children to enjoy activities in the outdoor, secured, safe and convenient place for tourists to relax and unwind, luxurious restaurants offering privacy and good ambience, best clubs in Pampanga and resto bars in Angeles City, pubs in Clark and fine dining restaurants in Pampanga, frequently visited places as well as historical sites in Angeles City, Pampanga, Clark Philippines.

Clearwater is generally regarded as is a place of leisure and the best private resort in Pampanga. This Clark hotel is the most frequently visited private resort outside Manila for corporate planning and team building because of its exclusivity. Clearwater is well regarded among frequent visitors to Clark as one of the best resorts in Pampanga. This is also one of the best resorts in Pampanga that offers good picnic spots near Manila.

Pampanga is an important province of the Philippines slated to be the next business and tourism center of the country. Already international traffic prefers the Clark International Airport and tourists find Clark Freeport Zone easier to get around than Manila. Safety, low crime rate, no traffic and low pollution levels all contribute to making Pampanga Angeles City Clark Freeport Zone a preferred destination for local and international tourists. Clearwater Resort is generally regarded as one of the best holiday spots near Manila.

For inquiries and bookings, Please click here to contact Clearwater Resort for inquiries and reservations now

Clearwater Resort and Country Club, Clark Pampanga
Creekside Road near Centennial Expo,
Clark Freeport, Pampanga Philippines 2023
(045) 889-5151 0917-520-4403 0922-870-5177
Joanne or Jeremy or Loydha

Getting to this lake and beach resort in Pampanga Angeles City Clark Philippines

After entering Clark Freeport from Dau and Angeles City, proceed straight along the main highway MA Roxas, passing the stand-along wine shop called Clark Wine Center on the right, continue to bear right making no turns at all, go past Mimosa Leisure Estate on the opposite side of the road, one will hit a major intersection. Go straight and the road becomes Creekside Road. YATS Clearwater Resort and Country Club is on the right just 200m down.

Family Bonding by the famous lake of Clark Pampanga

http://www.ClearwaterPhilippines.com

Manila Sales Office
3003C East Tower, Phil Stock Exchange Center,
Exchange Rd Ortigas Metro Manila, Philippines 1605
(632) 637-5019 0917-520-4393 Rea or Chay

Email: Inquiry@ClearwaterPhilippines.com

Please click here to contact Clearwater Resort to reserve a venue for your upcoming event now

Wedding couples looking for wedding reception venues and beach wedding venues can log on to this Philippines Wedding Venue web site for free information and assistance:

http://www.PhilippinesWeddingVenue.com

While in Clark, it might be a good idea to enjoy an evening of wine-and-dine in the fine dining Yats Restaurant and Wine Bar that features an award winning 2700-line wine list. It is located in Mimosa Leisure Estate of Clark Freeport Zone. For more information, visit http://www.YatsRestaurant.com

YATS Leisure Philippines is a developer and operator of clubs, resorts and high-class restaurants and wine shops in Clark Angeles Philippines http://www.YatsLeisure.com

While in Clark, one might as well add to the itinerary a visit to the famous Clark Wine Center, the largest wine shop in Philippines which offers over 2000 selections of fine vintage wine from all wine regions, vintages spanning over 50 years covering all price ranges.
http://www.ClarkWineCenter.com

Looking for famous tourists spots, places to visit and see, relax and unwind in Clark, Pampanga, Philippines? You may want to check out these sites also:

http://www.LondonPubClark.com

http://www.HotelClarkPhilippines.com

http://www.ClarkPhilippines.com

http://www.YatsWineCellars.com

For jobs and business investment opportunities in the Philippines please visit http://www.yilp.com

Hot Line for what’s happening in Clark: 045 889-5151 or 0927-940-2669 ask for Loydha

0915-542-6250 (Jeramie)