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    Government awards new big-ticket projects
    By VG Cabuag
    Reporter

    TO AVOID being covered by the election ban on government projects, the Philippine Ports Authority (PPA) has begun awarding the second tranche of its big-ticket projects to winning bidders.

    According to PPA data, the agency awarded a P396.12-million contract for the construction of vessel’s backup area and a new wharf for the Cagayan de Oro Port to a joint venture firm formed by UKC Builders, Inc. and Equi-Parco Construction Co.

    For smaller projects, or those which do not involve major facilities, the PPA has also given the go signal to HG-III Construction and Development Corp. to commence the P247.36-million construction of breakwater and expansion of Port of Lucena in barangay Talao-Talao, Lucena City. The facility will be upgraded by a joint venture formed by RR & B Finest Construction and Development Corp. and J.C. Piñon Construction for P44 million.

    A P33.08-million Cawit port improvement project was also awarded to MRB Construction and Supply after the terminal was damaged by a typhoon last year.

    However, the PPA still has to award a P200-million project for the construction of a structure that will handle passengers and bulk cargo. The bidding was only opened early this month.

    Since last month, PPA has been awarding contracts to various companies to immediately begin construction, all of which are expected to be completed within two years.

    The port agency also gave a P382.58-million Zambaonga Port expansion project to J.E. Manalo & Co. Inc., the P380.8-million Surigao Port expansion to Marra Builders Inc., the P320.55-million Iloilo Container Port Complex wharf extension project to F.F. Cruz and Company, Inc., and the P398.5-million Davao Port expansion to Sunwest Construction and Development Corp.

    All of these terminals, which are seen to be on a par with international standards, were opened for bidding last October.

    For major ports in Manila, the country’s shipping hub, PPA has started deliberation for the contract extension of Asian Terminals Inc., which currently manages the South Harbor.

    Earlier, PPA general manager Oscar M. Sevilla earlier said that Malacanang has approved the 25-year contract extension of the International Container Terminals Services Inc. for the management of the Manila International Container Terminal, the country’s largest.

    According to the PPA’s 2006 corporate plan, the agency is expected to spend the bulk of its capital expenditures in infrastructure development while other funds will go to its computerization program, which has yet to take off.

    The planned port upgrades form part of President Arroyo’s order to make all the country’s terminals Roll-On, Roll-Off capable.

    Aside from internally generated funds, the country’s port regulator is also tapping various sources of money, such as selling bonds to the local market this year.

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    Government awards new big-ticket projects

    TO AVOID being covered by the election ban on government projects, the Philippine Ports Authority (PPA) has begun awarding the second tranche of its big-ticket projects to winning bidders.

    read more