Contract withdrawn for Philippines highway contract causing delay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venture comprising Philippine National Construction Corp (PNCC) and Metro Pacific Investments Corp (MPIC), has been withdrawn for unspecified reasons.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comprising 3194 Philippine National Construction Corp (PNCC) and 5815 Metro Pacific Investments Corp (MPIC), has been withdrawn for unspecified reasons.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

  • Philippines bridge project awarded
    December 11, 2017
    A US$403 million contract for a cable-stayed bridge in the Philippines has been awarded. The design and build deal for the 8.2km bridge will be handled by a joint venture team comprising Acciona Construccion, First Balfour and DM Consunji. The partnership is called the Cebu Link Joint Venture and should complete work on the link, which connects Cebu with Cordova, in 2021. The contract was awarded by the Cebu Cordova Link Expressway, a subsidiary of Metro Pacific Tollways. Included in the contract is the
    Read More
  • Philippines to rethink Laguna Expressway highways work
    May 3, 2016
    The Philippines might separate a 47km six-lane road construction element from a complicated land reclamation and dike development contract recently shunned by preferred bidders. None of the three qualified bidders for the Laguna Lakeshore Expressway Dike public-private partnership deal submitted final bids for the contract. There were concerns over the legality of reclaiming 700 ha of land and whether investors could make money from it.
    Read More
  • Philippines’s NEDA to consider two road PPP projects in November
    November 12, 2015
    The National Economic and Development Authority (NEDA) will consider approval of seven Public-Private Partnership (PPP) projects, two of them highways, by the end of this month. The highways are the US$516 million Manila connector road and the $209 million Plaridel toll road. A report by the Manila-based Business World Online newspaper said the deals are worth around US$3.65 billion.
    Read More
  • Philippines highway plan
    February 23, 2012
    In the Philippines the Department of Public Works and Highways (DPWH) intends to set out on a strategy of improving key roads and bridges to international standards in 2011. Under this strategy most of this US$2.31 billion budget will be targeted at national road network upgrades.
    Read More

Highlighted Content