MANILA, Philippines - Four Japanese firms have been shortlisted for the bidding of the Philippine Coast Guard's P8 billion maritime safety capability improvement project.
The Department of Transportation and Communications (DOTC) identified the four companies as Japan Marine United Co., Mitsubishi Heavy Industries Ltd, Nigata Shipbuilding and Repair Inc., and Sumidagawa Shipyard Co. Inc.
The project covers the purchase of 10 multi-role response vessels that will be used around the coastal areas in the Philippines.
The DOTC will conduct a pre-bid meeting with the shortlisted Japanese companies on August 26.
Last December, Finance Secretary Cesar Purisima and Japan International Cooperation Agency (JICA) president Akihiko Tanaka signed a P7.94 billion loan package last December to fund the maritime safety capability improvement project for the PCG.
The project is aimed at further strengthening and developing the Coast Guard's patrol and search and rescue capabilities to enhance its capacity in complying with the country’s international commitments on maritime safety and security and maritime environmental protection.
The government is looking to have the first batch of vessels delivered within November this year to October 2015.