Philippines to tender six PPP projects in 2014
The government of Philippines announced yesterday that it plans to launch six tender processes for public-private partnership (PPP) projects this year 2014.
One of the projects has already been rolled out, another project will be tendered soon and the other four projects are currently up for approval by the National Economic and Development Authority (NEDA) Board.
Ten companies have already expressed interest in the US$56 million Integrated Transport System-South Terminal project.
The Government is yet to publish the invitation to prequalify and bid for the US$542 million Bulacan Bulk Water Supply Project.
The other four projects subject for NEDA Board's approval include operations and maintenance of the Laguindingan airport, the Enhanced operations and maintenance of the new Bohol airport, the operations and maintenance of Light Rail Transit Line 2 and the New Centennial Water Supply Source Project.
Cosette Canilao, the executive director of PPP Center, stated:
Investors' interest is high, we need to award right away some of the projects that we already bidded out. We have already done all the streamlining (measures) on the government side. So it is more of really just doing these and rolling out the projects.
She also said that there are 11 more projects in the advanced stages of feasibility study completion.
Six PPP deals have been already awarded:
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