FOUR public-private partnership (PPP) projects with an estimated cost of about P24.8 billion are scheduled to be bid out next year by the government.
The deals — proposed by the Transportation department — involve the construction, operation and maintenance contracts for Mactan Cebu International Airport’s new passenger terminal, the new Bohol Airport and Misamis Oriental’s Laguindingan Airport, and the establishment of a Common Automatic Fare Collection System for Metro Manila’s three light railways.
“These will be subjected to competitive bidding in 2012 immediately after obtaining ICC (Investment Coordination Committee) approval,” said Rina P. Alzate, director of the PPP Center’s Project Development and Monitoring Facility (PDMF) Service, in a text message yesterday.
The ICC is an inter-agency body that evaluates the feasibility of major projects and recommends approvals to the National Economic and Development Authority (NEDA) Board.
The final bidding schedule for the four projects, said Ms. Alzate, will be determined by the Department of Transportation and Communications.
The PPP Center, in a statement issued last week, announced that the PDMF Board had approved funding applications for pre-investment studies involving the four projects.
The PDMF, which is managed by the PPP Center, is a revolving fund that can be tapped for pre-feasibility and feasibility studies, tender documents and assistance during the bidding process of PPP projects.
The PDMF funding for each of these projects would range from P20-40 million, Ms. Alzate said.
“The transaction advisors will be chosen within November 2011. The pre-investment studies will be undertaken within 3-4 months,” she added.
The PDMF Board recently approved technical assistance funding for modernization of the Philippine Orthopedic Center and the Education department’ PPP for School Infrastructure Project which targets to build around 10,000 classrooms next year.
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By: A. E. Barrameda
Source: Business World, October 31, 2011
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