Gov't invites Australian firms to join bidding for PPP projects

ABS-CBN News

Posted at Dec 02 2014 03:17 PM | Updated as of Dec 02 2014 11:17 PM

MANILA – Government has invited several Australian companies to join the bidding of eight public private partnership (PPP) projects worth P183 billion.

Companies in Melbourne and Sydney are being lured to participate in the bidding for contracts involving the operation and maintenance of the Davao Airport worth P40.57 billion; the Iloilo Airport worth P30.4 billion; the Bacolod Airport worth P20.26 billion; the Laguindingan Airport worth P14.6 billion; the Puerto Princesa Airport worth P5.81 billion; and the new Bohol airport worth P2.35 billion.

Other projects include the operation and maintenance of the P50.2 billion Regional Prison Facilities in Nueva Ecija and the P19 billion Davao Sasa Port modernization project.

Among the companies that attended the PPP investment roadshow include Macquarie, Export Finance and Insurance Corporation, DLA Piper, Ashurst Australia, and Siemens.

Australian government representatives from the Department of Foreign Affairs and Trade and NSW Trade and Investment also graced the forum held in Melbourne on November 25 and in Sydney on November 27.

After the forum, PPP Center executive director Cosette Canilao and deputy executive director Sherry Ann Austria also met with possible investors such as Capella Capital, Allens Linklaters, and Leighton.

Roadshows were also held in Europe, Singapore, Japan, and North America.

The Aquino administration is set to roll out 18 more PPP projects worth P407 billion before June next year.

The government has recently rolled out the P123 billion Laguna Lakeshore expressway dike project; the P24.4 billion Bulacan Bulk Water supply project; the P18.7 billion New Centennial Water Source; the P4 billion Integrated Transport System (ITS)–South terminal; the P2.5 billion ITS-Southwest terminal; and the operation and maintenance of LRT-2.

Eight PPP projects worth nearly P133 billion have been awarded, including the Daang Hari–South Luzon expressway link road (P2 billion), the Ninoy Aquino International Airport expressway (P15.52 billion), the automated fare collection system project (P1.72 billion), the Mactan–Cebu International Airport expansion project (P17.5 billion), and the LRT-1 Cavite extension project (P65 billion).

Government has also awarded contracts for the School Infrastructure Project phase 1 (P8.86 billion), the PSIP-2 (P16.28 billion), and the modernization project for the Philippine Orthopedic Center (P5.98 billion).