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Manila Bulletin·3 min read·medium

Gov't eyes ₱30-billion privatization pipeline after ₱1-billion Atrium of Makati sale

D
Derco Rosal
Gov't eyes ₱30-billion privatization pipeline after ₱1-billion Atrium of Makati sale
AI Summary

The Philippine government has successfully sold a floor of the Atrium of Makati for ₱1 billion, contributing to a strong privatization revenue haul for 2026. Officials plan to continue disposing of idle government assets, with a pipeline valued at approximately ₱30 billion.

Why it matters

Privatization of idle assets is a key strategy for the government to generate non-tax revenue and improve fiscal health.

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More idle government assets valued at roughly ₱30 billion are expected to be disposed of through privatization as the government successfully completed the ₱1-billion sale of one floor of Atrium of Makati, bringing first-half revenues close to the full-year figure for 2025.

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businesseconomypolitics
Political Bias
Center
LeftLean LCenterLean RRight
Confidence: 85%

The article reports on government financial data and quotes officials neutrally without taking a political stance.

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