Government invites investors to 10 PPP projects for next year
Manila (November 19) -- The vital infrastructure projects to be opened for both local and foreign private investment under the Public-Private Partnership (PPP) program, were unveiled by the government on November 18.
During the culmination of the "Infrastructure Philippines 2010: Investing and Financing in Public-Private Partnership Projects" at the Marriott Hotel in Pasay City, Transportation and Communications Secretary Jose de Jesus presented the 10 transportation priority projects to be tendered next year under the PPP program.
Secretary de Jesus said that the projects presented have completed feasibility studies, have completed right of way requirements, and have been budgeted to the required government counterpart for award and implementation by the fourth quarter of 2011.
He added that this year, they have been updating feasibility studies of such projects for actual implementation.
Among the 10 PPP infrastructure projects is the Cavite-Laguna Expressway project (Cavite side). The US$262 million project will provide vital access between various economic zones in the Cavite Province and NAIA, the Ports of Manila and Batangas and will contribute to the economic development and decongestion of traffic along Aguinaldo Highway in Cavite. This will be implemented from May 2012 to Dec. 2015.
The NAIA Expressway (Phase II) will link the Skyway and the Manila-Cavite Coastal Expressway and provide vital access to NAIA Terminals 1, 2, and 3 as well as the Cavite Economic Zone. The US$235.33 million project will be implemented from Nov. 2011 to Sept. 2015.
The LRT Line 2 East Extension project involves the expansion, operation and maintenance (O&M) of existing LRT Line 2. The expansion covers the construction of a four-kilometer eastern extension of LRT Line 2 from Santolan in Pasig City to Masinag Junction, Antipolo, Rizal with additional two passenger stations to be located at Sta. Lucia Mall and Masinag.
The MRT/LRT Expansion Program consisting of the Privatization of LRT 1 Operation and Maintenance aims to integrate LRT Line 1 operation and maintenance to a private sector service provider during the interim period of three to four years. After the O&M period, the LRT 1 South Extension Project contractor is expected to assume overall responsibility for the integrated LRT Line 1 and MRT Line 3 systems. Project costs US$171.11 million with implementation schedule of 2011-2014.
The MRT/LRT Expansion Program for the Privatization of MRT 3 Operation and Maintenance will integrate MRT Line 3 O&M to a private sector service provider during the interim period of three to four years. After this O&M period, the LRT Line 1 South Extension Project contractor is expected to assume overall responsibility for the integrated LRT Line 1 and MRT Line 3 systems.
The MRT/LRT Expansion Program: LRT 1 South Extension project involves the extension of the existing 15-km LRT Line 1 system southward to Bacoor, Cavite with an additional 11.7 kilometers which includes eight passenger stations with provision for two additional future passenger stations, a satellite depot for light maintenance to be located at the southern end of the proposed line. Inter-modal facilities installed at high-demand stations, including the provision of additional rolling stocks to meet the current demand and additional load requirements once the MRT Line 3 and LRT Line 1 are integrated. The project costs US$1,555.55 million.
The new Bohol Airport Development will involve the construction of a new airport of international standards with 2,500m by 45m runway to replace the existing Tagbilaran airport. Implementation will be from 2012 to 2014 with a total cost of US$ 168.89 million.
The Puerto Princesa Airport Development project will rehabilitate and improve the existing Puerto Princesa Airport to meet the standards of the International Aviation Organization (ICAO) through the construction of new landside facilities in the north western side of the existing runway such as passenger terminal building, control tower, administration and operation building, cargo terminal building, rescue and firefighting building and other support facilities. Also to be constructed are new apron and connecting taxiways, upgrading of existing 2.6-km runway and its strip and the provision of new navigational and traffic control equipment. Implementation is from year 2012 to 2014 with a project cost of US$ 168.89 million.
The New Legaspi (Daraga) Airport Development, the US$1.11 million-project involves the preparation of the detailed engineering design and construction of the airport facilities. It also includes land acquisition of about 180 hectares. The project components are the following landside ? Passenger Terminal, Cargo building, Control Tower, Administration building, Vehicle Parking area and other site developments. To be implemented from year 2012 to 2014.
The Privatization of Laguindingan Airport Operation and Maintenance project -- involves privatization of its O&M in Misamis Oriental to reduce government expenditures and increase current and future service levels of the airport.
Finally, the tenth project, the O&M through concession covers the newly- constructed airport on a 393-hectare property complete with facilities of international standards. The airport can accommodate 1.2 million passengers per year based on it master plan. This project costs US$33.33 million with implementing schedule from year 2011 to 2013.
These projects Secretary de Jesus said are only part of a long list of PPP projects to be opened for bidding and implementation in the years to come.
Other projects fall under the Medium-Term roll out and implementation, the Secretary said. (PIA 8) [top]