Business Skinning Left, pagematch: , sectionmatch: 1

Business ( Leaderboard Top ), pagematch: , sectionmatch: 1

Bidding for Davao port project moved to March

MANILA, Philippines – The Department of Transportation and Communications (DOTC) has moved the submission of bids for the P18.99 billion Davao Sasa Port Modernization project to March 28 from Feb. 26 to give interested firms more time to prepare their offers.

The following groups have been pre-qualified to bid for the Davao Sasa Port Modernization project: Asian Terminals Inc. - DP World FZE Consortium; Bollore Africa Logistics; International Container Terminal Services Inc.; Portek International Pte. Ltd. - National Marine Corp. Consortium; and San Miguel Holdings Corp. - APM Terminals Management (Singapore) Pte Ltd. Consortium.

The project which will have a 30-year cooperation period with the winning bidder, involves the development of the existing Sasa Port in Davao City into world-class container terminal.

The private partner will be responsible for the financing of the construction works for the modernization of the existing port including the new apron, linear quay, expansion of the back-up area, container yards, warehouses and the installation of new equipment like ship-to-shore cranes and rubber-tyred gantry over the pre-agreed concession period.

The DOTC said earlier the Sasa Port is envisioned to become comparable to the country’s top ports in terms of speed and quality of service by the time the first phases of the project are completed in 2018.

Business ( Article MRec ), pagematch: 1, sectionmatch: 1
  • Follow Us:
Business Skinning Right, pagematch: , sectionmatch: 1