Republic Act No. 6957. Country/Territory Philippines Document type Legislation Date 1990 Source FAO, FAOLEX Long titleAn Act Authorizing the Financing, Construction, Operation and Maintenance of Infrastructure Projects by the Private Sector, and for Other Purposes. Subject General Keyword Business/industry/corporations Inspection Contract/agreement Financing Geographical area Asia, Asia and the Pacific, East Asian Seas, North Pacific, South-Eastern Asia Abstract This Act is enacted to for the purposes of at authorizing the financing, construction, operation and maintenance of infrastructure projects by the private sector, and for other purposes. It is the declared policy of the State to recognize the indispensable role of the private sector as the main engine for national growth and development and provide the most appropriate incentives to mobilize private resources for the purpose (Sec.1 ). All government infrastructure agencies are hereby authorized to enter into contract with any duly prequalified project proponent for the financing, construction, operation and maintenance of any financially viable infrastructure facilities through the build-operate-and-transfer or build-and-transfer scheme (Sec.3). Full text English Website www.officialgazette.gov.ph References - Legislation Implemented by Revised Implementing Rules and Regulations of R.A. No. 6957, An Act Authorizing the Financing, Construction, Operation and Maintenance of Infrastructure Projects by the Private Sector, and for Other Purposes, as Amended by R.A. No. 7718. Legislation | Philippines | 2022 Keyword: Business/industry/corporations, Inspection, Contract/agreement, Financing, Enforcement/compliance Source: FAO, FAOLEX Amended by Republic Act No. 7718. Legislation | Philippines | 1994 Keyword: Business/industry/corporations, Inspection, Contract/agreement, Financing Source: FAO, FAOLEX