THE FIRST public-private partnership (PPP) project awarded by the government, the P1.96-billion Daang Hari-South Luzon Expressway (SLEx) link, could be operational late next year after the Public Works department yesterday signed a contract with winning bidder Ayala Corp.
“We will need about four months to finalize the detailed design. After that, government will have another two months for right of way acquisition,” Ayala Corp. Managing Director John Eric T. Francia told BusinessWorld.
“We are allotting 12 months for the construction phase.”
Signing the contract were Public Works Secretary Rogelio L. Singson and Jaime Augusto Zobel de Ayala, Ayala Corp. chairman and CEO.
Read the full article: http://www.bworldonline.com/content.php?section=TopStory&title=PPP-deal-inked;-tollway-opening-seen-in-late-2013&id=49512
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By: K. A. M. Patria
Source: Business World, April 3, 2012
To view the original article, click here.
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