private sector participation in urban renewal in the...

Day1, Plenary 8, No.7Ayala Land Inc., Philippines

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Private Sector Participation in Urban Renewal in the Philippines:Renewal in the Philippines: Challenges and Conditions

A. G. CorpuzAyala Land, Inc.

October 2010Eco2 Yokohama

Challenges facing Private Sector Participation in Urban Renewal

1. Lack of urban renewal policy definition and consistency.

• Primarily because of local government autonomy, there is no clear national policy on what constitutes urban renewal, priority areas, implementation process.

• Mostly left to discretion of host local government (some of whom have taken steps to define urban renewal and its process).

• Subject to short term changes (following leadership changes).

2. Lack of enforcement of property rights.

• It is difficult to enforce property rights—legal title and ownership, resolution of claims and disputes, and relocation of informal settlers—even or especially for government properties.


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Challenges facing Private Sector Participation in Urban Renewal

3. Lack of shared objectives and coordination among involved agencies and organizations (public and private).g g (p p )

• Agencies and organizations involved in urban renewal do not always have the same objectives or lack coordination.

• Disputes related to ownership, project control, revenue sharing, replacement provisions (for displaced facilities) are not uncommon.

4. Unrealistic expectations of the property market.

• Value expectations are sometimes bloated.

North Triangle(29 ha)


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North Triangle(29 ha)

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Lope de Vega

FugosoOld Bilibid

(8.40 ha)


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Welfareville(71 ha: east side)

Summary: Conditions that would encourage private sector participation in urban renewal projects

1. Enforcement of property rights.

2. Alignment of objectives among agencies and organizations involved and a clearly defined lead agency with clearly defined mandate, roles, and responsibilities.

3. Local government participation and cooperation.

4. Realistic recognition of land market conditions and private sector objectives.


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private sector participation in urban renewal in the...

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