MANILA, Philippines — The Makati City local government has approved an ordinance on a private-public partnership (PPP) agreement for the proposed Ospital ng Makati (OsMak) 2.
In a statement Wednesday, the LGU said that the city council approved City Ordinance No. 2021-021, which authorizes Mayor Abby Binay to sign a PPP agreement with LifeNurture Inc. foOsMakr the construction, operation and management of the hospital.
Under the PPP contract, the local government will not spend a single centavo for OsMak 2’s construction, redevelopment and operations, according to Binay.
The hospital, Binay added, will be “equipped with state-of-the-art facilities that include a Cancer Center …
Keep on reading: Makati City council OKs PPP venture for Ospital ng Makati 2