New deadline for $806m Philippine toll road
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Philippines' Department of Public Works and Highways (DPWH) announced on April 1st that the bidding for the 47-kilometer Cavite-Laguna Expressway PPP deal has been moved by a month.
In a bid bulletin, DPWH said the deadline for bids has been pushed back to May 21st from the original schedule of April 21st. DPWH has given interested parties until April 7 to submit queries.
The four qualified bidders for the project are the following:
- Alloy MTD Philippines, owned by Malaysia's second-largest toll-road operator,
- Team Orion, the consortium AC Infrastructure Holdings Inc., Aboitiz Land Inc., Macquarie Infrastructure Holdings Philippines, Bouygues Travaux, Egis Road Operations and Korea Expressway Corp.;
- Consortium of Metro Pacific Tollways Development Corporation (MPTDC) and Leighton Contractors (Philippines) Inc.; and
- Optimal Infrastructure Development Inc. (San Miguel Corp.)
CALAX is the DPWH's third and biggest infrastructure project under the government's public-private partnership (PPP) program with a project cost of 35.42 billion pesos (US$806 million).
The first project, the Daang Hari-SLEX, was awarded to the Ayala group, while the second, the NAIA Expressway, went to Optimal Infrastructure.
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