Philippines ready to invite PPP tenders

In the Philippines, Eleazar E Ricote, director of the Public-Private Partnership Center, said that bids would be invited for several PPP projects in the coming few months.
February 29, 2012 Read time: 1 min
In the Philippines, Eleazar E Ricote, director of the Public-Private Partnership Center, said that bids would be invited for several PPP projects in the coming few months.

Tenders for the South Luzon-North Luzon Expressway link worth about $487.2 million as well as two deferred projects of Ninoy Aquino International Airport expressway worth some $245.4 million and Daang Hari-South Luzon Expressway link worth approximately $37 million would be opened in June, 2011.

Investors would be invited to bid for the estimated $5.8 billion Light Rail Transit 1 south extension project from August, 2011 onwards.

The Puerto Princesa Airport development project will be released for tender by September 2011 at a value of around $101 million, while in October, 2011 tenders will be invited for the Laguindingan Airport privatisation project worth $34.8 million as well as the Legaspi Airport and Bohol Airport development projects worth $74.2 million and $176 million respectively.

The $243.51 million Cavite-Laguna expressway extension project will be available for tender by December, 2011.

The project costs are subject to change.

Related Content

  • Increased mobility for Mexico
    June 14, 2012
    Urban mobility is high on the infrastructure agenda in Mexico. Business News Americas spoke with Salvador Herrera, executive director of the Centre for Sustainable Transport (CTS), about the elements of a sustainable transport system and Mexico City's addiction to the car At the heart of Mexico City's transport policy is a contradiction that is typical of the country as a whole. The government is spending big on Line 12 of the metro system and has introduced the first Metrobús bus rapid transit (BRT) l
    Read More
  • New road links will cut congestion in St Petersburg
    June 20, 2016
    Road building will solve the problem of traffic jams in St Petersburg – Eugene Gerden writes The authorities in Russian city St Petersburg plan to solve the problem of traffic jams in the city during the next few years. The strategy is expected to be achieved through road building and the improvement of transport connections between different districts in the city. Implementation of these plans will take place as part of the decree 355 "Of the Strategy of St Petersburg Economic and Social Development
    Read More
  • Vietnam Expressway Corp to sell five highway routes
    October 31, 2014
    Vietnam is considering selling its ownership in several major highways to help pay for more road projects. The Ministry of Transport (MoT) recently said that the government’s infrastructure investor body Vietnam Infrastructure Development and Finance Investment (VIDIFI), would sell 70% of its ownership in the Hanoi–Hai Phong Highway project to a buyer from India. The move is part of a strategy that could see Vietnam sell off more of its investment in highway projects, either under construction or complete
    Read More
  • Philippines expressway connector project under construction
    March 11, 2019
    Construction work is starting in the Philippines for the new link that will connect the North Luzon Expressway (NLEx) and the South Luzon Expressway (SLEx). The project is costing nearly US$430 million, with the link being built by local toll road firm NLEX Corp. The new link road will be 8km long, running from the end of Harbor Link in Caloocan City to the Polytechnic University of the Philippines (PUP) in Santa Mesa of Manila. The road link will be elevated and the work is due for completion in 2021.
    Read More

Highlighted Content