Philippines to split in parts Laguna Lakeshore Expressway Dike PPP
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The Government of The Philippines has decided to split into different parts the US$2.6-billion Laguna Lakeshore Expressway Dike PPP project. The project is going to be restudied after none of the bidders recently submitted final proposals due to the economic viability, the complexity of the project, legal uncertainties and the lack of political stability.
The Laguna Lakeshore Expressway Dike-Calamba-Los Baños Toll Expressway Project aims to provide a high standard dike-highway with proposed alignment that runs 500 meters away but following the shoreline of the Laguna Lake. The project has the following components: 47 kilometers expressway dike with two sections (Laguna Lakeshore Expresswaay Dike & Calamba-Los Baños Toll Expressway); flood control system; and initial 700 hectares reclamation component.
According to Andre Palacios, PPP Center executive director, the Department of Public Works and Highways would accomplish a new technical study in which the new approach will focus on which components of the project work better together.
PPP Center executive director Andre Palacios Wednesday said the Department of Public Works and Highways would conduct a new technical study.
The deadline had been moved several times. Last month, the bid submission for the project was rescheduled from Jan. 7, to March 14. This was the third time that the Philippine PPP Center extended the bid submission deadline. The original schedule was July 6, 2015, which was deferred to Nov. 6, 2015 and then to Jan. 7, 2016.
In March 2015, three groups were prequalified to carry out the project, the teams are the following:
- San Miguel Corp.,
- Team Trident, composed of Ayala, Aboitiz, SM Prime Holdings Inc and Megaworld,
- Alloy-PAVI-Hanshin LLEDP consortium made up of Malaysia's Alloy MTD Capital Berhad, Prime Asset Ventures Inc, and Hanshin Engineering Construction.
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