Contract withdrawn for Philippines highway contract causing delay

The project to construct a connecting road between the South Luzon and North Luzon expressways in the Philippines now looks set to be delayed. The US$409 million contract previously awarded to a joint venture comprising Philippine National Construction Corp (PNCC) and Metro Pacific Investments Corp (MPIC), has been withdrawn for unspecified reasons. The country’s Department of Public Works and Highways says that the contract has been returned to the National Economic and Development Authority (NEDA) for new
August 14, 2014 Read time: 1 min

The project to construct a connecting road between the South Luzon and North Luzon expressways in the Philippines now looks set to be delayed. The US$409 million contract previously awarded to a joint venture comprising 3194 Philippine National Construction Corp (PNCC) and 5815 Metro Pacific Investments Corp (MPIC), has been withdrawn for unspecified reasons. The country’s 2569 Department of Public Works and Highways says that the contract has been returned to the 6316 National Economic and Development Authority (NEDA) for new approval. The works will be offered again to bidders through the Swiss Challenge system although the joint venture partners will be able to bid once more.

Finance & Funding

Related Content

  • Odebrecht wins Brazilian highway concession
    November 29, 2013
    Odebrecht has been awarded a concession for Brazil’s important BR-163 federal highway route. The 851km section of highway runs through Mato Grosso state and the deal is worth some US$2 billion, according to a report by Business News Americas. As part of its contract, Odebrecht will have to widen a 454km stretch of the route within five years and is also required to build nine new toll booths.
    Read More
  • North Carolina road contract for joint venture
    October 5, 2023
    A joint venture has been awarded a major North Carolina road contract.
    Read More
  • Philippines implementing transport projects
    March 3, 2017
    A series of major highway projects are now being implemented in the Philippines. Key projects being implemented close to Davao City include the US$380 million Davao City-Panabo City bypass, the $537.5 million Coastal Road and two flyovers worth $14 million in total. The bypass project will cut journey times and includes the construction of a tunnel section, with a portion of the funding being provided by the Japan International Cooperation Agency (JICA). The new coastal route will also cut congestion and jo
    Read More
  • Elevated highway proposal for Philippines capital Manila
    April 5, 2017
    An 8.6km elevated highway project has been proposed for Manila, the capital of the Philippines. SM Investments and Ayala jointly submitted a proposal to build the Circumferential Road 3 (C3) Expressway to the Department of Public Works and Highways. The elevated highway being proposed would have four-lanes and measure 8.6km –long. The planned route would link Sta Mesa in Manila with the SM Mall of Asia complex in Pasay City. It would also pass through the Makati central business district and feature five in
    Read More

Highlighted Content