ADB exec: No worries in PPP projects bidding delay

October 3, 2012 9:54 pm 

By Joann Santiago

MANILA, Oct 3. — An official of the Asian Development Bank does not fault the Aquino administration for the delay in the bidding of projects under the public-private partnership initiative saying ensuring that these are not mired with corruption is more important.

“It’s quite commendable,” ADB Country Director for the Philippines Neeraj Jain told reporters Wednesday, referring to the two projects that have been awarded so far.

These are the Daang Hari-SLEX Link road project, which involves the construction of four-km connector road from Daang Hari in Las Pinas to South Luzon Express Way; and the PPP for school infrastructure project, which involves the design, financing, and construction of about 9,300 one-story and two-story classrooms, including furniture and fixture, in Region I, III, and IV-A.

The first one was awarded to Ayala Corp. in 2011 while the second was awarded to Megawide Corp, its mother company Citicore Investment Holdings, Inc. and the consortium of BF Corp and Riverbanks Development Corp last August.

The government targets to roll-out eight PPP projects this year.

Another project – the extension of Light Rail Transit Line 1 from Baclaran to Dasmarinas, Cavite will be bidded out this quarter.

The project costs about P60 billion and involves the construction of additional 12 km of rail and eight intermodal stations.

It is now in the pre-qualification stage and will be financed with the help of among others the Japan International Cooperation Agency.

Other PPP projects in the pipeline are the NAIA Expressway Project Phase II, the Cavite-Laguna Expressway, the North Luzon Express Way–South Luzon Express Way (NLEX-SLEX) Connector Road, the Mactan-Cebu International Airport Passenger Terminal Building, and Automatic Fare Collection System.

Also, the modernization of the Philippine Orthopedic Center, the vaccine self-sufficiency project (phase II); rehabilitation, operation and maintenance of Angat Hydro-Electric Power Plant Auxiliary Turbines 4 and 5; enhanced operation and maintenance of the Panglao Airport; and operation and maintenance of the Laguindingan Airport in Cagayan de Oro City. (PNA)



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