NEDA-ICC to discuss 8 PPP projects worth P625-B

ABS-CBN News

Posted at Dec 16 2014 08:11 PM | Updated as of Dec 17 2014 04:19 AM

MANILA – The National Economic and Development Authority-Investment Coordination Committee (NEDA-ICC) is scheduled to discuss on Friday eight public-private partnership (PPP) projects worth P625 billion.

PPP Center executive director Cosette Canilao said to be included in the discussion is the rebidding of the P35.4 billion Cavite-Laguna Expressway (CALAX) project and the “Swiss challenge” for the P18 billion North Luzon and South Luzon Expressway connector road.

Canilao said the NEDA-ICC will have to talk about the terms of the CALAX rebidding, primarily the P20.1-billion floor price set by the Department of Public Works and Highways (DPWH).

“The recent challenge that we faced in Calax only shows that we need to improve our structure and our framework. But nonetheless, the private investors understand that,” she said.

The rebidding of the project was ordered by President Aquino following an appeal by San Miguel Corp. questioning its disqualification from the bidding process in June.

Despite the controversy, Canilao said private companies are still supportive of PPP projects.

She said 24 companies have expressed interest in the P123 billion Laguna Lakeshore Expressway Dike (LLED) project.

The NEDA-ICC is also scheduled to discuss options on how to undertake the NLEX-SLEX connector road project of infrastructure giant Metro Pacific Investments Corp. (MPIC).

MPIC’s Metro Pacific Tollways Development Corp. (MPTDC) wants to pursue the joint venture with Philippine National Construction Corp. (PNCC), but the Department of Justice (DOJ) is recommending a “Swiss challenge” for the unsolicited proposal.

The NEDA-ICC will also discuss the P374.5-billion Mass Transit System Loop; P177.2 billion North –South Railway; P19.33-billion Motor Vehicle Inspection System (MVIS); P1.16 billion Civil Registry System-Information Technology project (Phase 2); the proposed 15-kilometer extension of the Light Rail Transit Line 1 (LRT-1); and the Ninoy Aquino International Airport (NAIA) development project.

Meanwhile, the NEDA Board meeting to be headed by President Aquino is scheduled to be held in the middle of January after the visit of Pope Francis to the Philippines.