DMCI

  ISO
     

 
2015 NEWS » Four groups line up for railway deal

Four groups line up
for railway deal

Posted on January 28, 2015

 

FOUR INVESTOR groups have sought clearance to bid for a contract to operate and maintain (O&M) the Light Rail Transit Line 2 (LRT-2) system under the government’s public-private partnership (PPP) program, the Department of Transportation and Communications (DoTC) said on Tuesday.

The P2.27-billion Light Rail Transit Line 2 extension is expected to add 130,000 commuters to the system’s current 240,000 daily volume when it is completed. -- BW File Photo

DoTC, agency in charge of the project, identified four prospective bidders that submitted prequalification documents for the auction for the LRT-2 O&M contract as: Aboitiz Equity Ventures, Inc.-SMRT International Pte. Ltd. Consortium; D.M. Consunji, Inc.-Tokyo Metro Company Ltd. Consortium; Light Rail Manila 2 (LRM2) Consortium (led by LRM Holdings, Inc. of Metro Pacific Investments Corp. and Ayala Corp., as well as RATP Transdev Group and RATP Development); and San Miguel Corp.-Korea Railroad Corp. (Korail) Consortium.

A total of 11 companies had bought prequalification and bid documents for the auction. The others that bought such documents but did not submit were GT Capital Holdings, Inc.; Marubeni Corp.; APT Global, Inc.; and Globalvia.

“Only four consortiums submitted qualification documents for LRT-2 O&M, those are Aboitiz-SMRT; DMCI-Tokyo Metro; LRM2; and San Miguel-Korail,” DoTC Spokesperson Michael Arthur C. Sagcal told reporters.

The Transportation department said in a statement that it aims to announce those that qualify by the “end of February,” while submission and opening of financial and technical proposals “should be held in the second half of the year.”

The department had called for interested parties for the LRT-2 O&M on Sept. 13 last year.

EXTENSION
The existing 13.8-kilometer (km) LRT-2 traverses the cities of Manila, San Juan, Quezon City, Marikina and Pasig, servicing an estimated 240,000 commuters each day.

The winning concessionaire will take over the O&M of the existing line and of the 4.19-km “East Extension,” according to a project brief on the Public-Private Partnership Center Web site. The line will be extended -- under a P2.27-billion project of the department and the Light Rail Transit Authority (LRTA) -- to Masinag in Antipolo City from the existing Santolan station along Marcos Highway in Pasig City.

Also on Tuesday, the Transportation department said in a statement that it and LRTA awarded the LRT-2 East Extension project to D.M. Consunji, Inc. (DMCI).

Asked for details, LRTA Spokesperson Hernando T. Cabrera replied in a text message: “DMCI was the only one that participated in the auction of the project in December.”

The LRT-2 East Extension project contract covers consultancy, detailed engineering design and construction supervision work. DMCI will have 18 months to complete the civil works for the elevated viaduct. The Transportation department said in an invitation to bidders published in a newspaper in October last year that it will spend “P2.27 billion for the construction of elevated guideway, inclusive of duties, taxes, and other charges,” with funding to be taken from appropriations under this year’s national budget.

The extension, when completed, is expected to add 130,000 commuters to the existing line’s 240,000 daily volume.

Nine PPP deals have been awarded since the flagship infrastructure program was launched in late 2010: P2.5-billion Integrated Transport System-Southwest Terminal project; P17.52-billion Mactan-Cebu International Airport Project; P64.9-billion LRT Line 1 Cavite Extension; P1.72-billion Automatic Fare Collection System; P2.01-billion Daang Hari-South Luzon Expressway Link Road; P15.52-billion Ninoy Aquino International Airport Expressway; P16.28-billion first phase of the PPP for School Infrastructure Project (PSIP); PSIP’s P3.86-billion second phase; and P5.69-billion Philippine Orthopedic Center modernization.

NEWS ARCHIVE
 


© , DM Consunji, Inc.
All Rights Reserved.
All information in this website is correct to the best of our personal knowledge and documents available,
but does not constitute an assumption of any liability or a guarantee of particular characteristics.

DISCLAIMER