Private Sector Infrastructure Projects Act

Ask AI

Republic Act No. 6957: Private Sector Infrastructure Projects Act

What do you want to know about the law?
Ask AI quickly gives answers based only on the current context to avoid mistakes. Always verify with the original text.

New Chat Started

Ask AI

Title Source: Supreme Court: Private Sector Infrastructure Projects Act

Law: Republic Act No. 6957

Decision Date: Jul 9, 1990

The Build-Operate-Transfer Law in the Philippines encourages private sector investment in infrastructure projects by providing favorable incentives and defining contractual arrangements for financing, constructing, operating, and maintaining facilities, with the government compensating contractors for expenses and a reasonable rate of return in case of project revocation or termination.

END