The public-private partnership (PPP) mode of investing in infrastructure for agriculture could be viable if the government takes the lead in dealing with the permit process or ropes in grassroots organizations, a development researcher told BusinessWorld.
The researcher noted that private investors are often deterred by bureaucratic hurdles and land acquisition issues in agricultural projects. By having the government handle these complexities, PPP schemes can make agri-infrastructure investments more attractive and less risky for the private sector.
The proposal comes as the Philippines seeks to modernize its agricultural sector and boost food security. Engaging grassroots organizations could also ensure that projects are aligned with local needs, further de-risking investments and promoting sustainable development.