The Department of Public Works and Highways (DPWH) has received an unsolicited proposal from San Miguel Holdings Corporation to finance, design, construct, operate and maintain the Boracay Bridge Project connecting Boracay Island and the main island of Panay (Malay, Aklan), Philippines.
The Project involves the construction of an approximate 2.54-km limited-access bridge system including an access road infrastructure with facility hubs on both islands, providing commercial spaces for lease and parking areas for service and operation of public transport vehicles and cargo/delivery vehicles between Boracay Island and Caticlan, Malay.
The DPWH invites both local and international companies to participate in a Comparative Bidding Process by submitting competing proposals. If a comparative proponent offers a financial proposal superior to that of the Original Proponent, the Original Proponent will have the right to match the improved offer within 30 calendar days, per the Instruction to Comparative Challengers and Section 98 of the PPP Code IRR. For more information click here.