Makati city council in Philippines has approved the PHP 178 billion (US$ 3.5 billion) Makati intra-city subway PPP project on July 19, 2019. The project includes construction, operation, and management of an 11-kilometer subway with 8 to 10 stations that will serve two districts of Makati, located in the Metro Manila region of the Philippines. This will be the biggest PPP project for Makati city.
The Philippine Infradev Holdings, Inc., formerly IRC, will be a private partner of the Makati city in this venture. Both parties are set to sign the agreement in the near future. The Makati PPP selection committee will sign the agreement only after the fulfillment of certain conditions raised by the authority. Such conditions include posting of performance security, list, and role of final members of the IRC consortium, company registration documents, and copies of the resolutions adopted by respective boards of directors.
The soil testing was also completed on the same day the proposal went through. The testing shows soil strata is stable and that the project can proceed with no foreseen hitches. The geotechnical survey along the alignment began in December 2018, the survey involved drilling small holes and getting rock and soil samples at 200 points along the alignment.
The subway project will use a dual-track system and will have air-conditioned, underground island stations that can accommodate up to six-car trains, with room for over 200 persons per car. The subway system is expected to entertain more than 700,000 passengers per day.
The subway line will connect key points in Makati: Central Business District, Puyat avenues, Circuit Makati, the Makati City Hall, the Poblacion Heritage Site, University of Makati, Ospital ng Makati and the other new business districts within the city.
The Philippine Government through its Department of Transportation (DoTR) has received the new draft of concession agreement submitted by the consortium of companies that seek to rehabilitate the Ninoy Aquino International Airport (NAIA).
Read moreThe Philippine´s Government is set to launch the Swiss challenge for the building and development of a New International Airport in Bulacan, a region in Central Luzon north of Manila.
The Department of Transportation will publish the Swiss Challenge documents for the PHP736 billion (US$14.18 billion) airport before the end of April 2019. A Swiss challenge will allow rival companies to challenge SMC’s proposal. The bidding rules give SMC a clear advantage as a preferred bidder since it will be given the right to match the best offer. The companies will have 60 days to give better offers than SMC´s proposal. Transportation Secretary Arthur Tugade said that “in the next 90 to 120 days you have the window upon which the formal and final approval of Bulacan airport would have been completed.”
Read moreThe North Luzon Airport Consortium (NLAC) has signed the concession agreement for the operations and maintenance of Clark International Airport (CIA), located 80km northwest of Manila, in the Central Luzon Region of the Philippines.
Read moreThe Department of Transportation (DOTr) and the Bases Conversion and Development Authority (BCDA) of the Philippines have announced that two firms submitted bid documents for the operations and maintenance (O&M) of Clark International Airport, located in Pampanga province, Central Luzon.
Read moreThe Aboitiz Group has announced that the government of the Philippines' Department of Transportation (DOTr) and the Manila International Airport Authority (MIAA) have granted the “NAIA Consortium” Original Proponent Status (OPS) for its proposal to rehabilitate, upgrade, expand, operate, and maintain the Ninoy Aquino International Airport (NAIA) for 15 years.
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