Philippine Government releases amended rules on the BOT Law

July 27, 2012

The Philippine government has published the amended rules governing the Build-Operate-Transfer law.

The amendments address the issues on treatment of unsolicited proposals; inclusion of incentives under Renewable Energy Act of 2008 and the Tourism Act of 2009; government undertakings; contract approvals; and provides an additional list of eligible type of projects for BOT.

PJS prepared a summary of the changes in the new BOT IRR. Kindly click the link below:

BOT IRR (2012 vs 2006 versions)