Investment council to decide on 13 unsolicited proposals by 2019 —PPP Center

The Investment Coordination Committee (ICC) will decide on at least 13 unsolicited project proposals next year, the Public-Private Partnership (PPP) Center said Thursday.

The decision would simply revolve on which of the projects to drop, or pursue, PPP Executive Director Ferdinand Pecson said.

“We’d like to see the decision on these projects next year,” he told reporters in a press conference in Quezon City.

The unsolicited proposals include five airport projects, five rail projects, and three other projects in different sectors.

The five airport projects include:

• Bulacan International Airport Project of San Miguel Holdings Corp.

• Mactan Cebu International Airport Integrated Development Project of GMR-Megawide

• Operation and maintenance, and expansion of Davao Airport by Chealsea Logistics Holdings Corp.

• Operations and maintenance, and expansion of Kalibo Airport by Mega7 Construction Corp.

• Operations and maintenance, and expansion of Bohol International Airport by Aboitiz InfraCapital Inc.

Meanwhile, the five rail projects include:

• Davao Monorail Project of Udenna Corp.

• East-West Rail project of East-West Rail Transit Corp.

• Metro Rail Transit (MRT) 10 of C5 Mass Transit Corp. Ltd.

• Fort Bonifacio-Makati Sky Train of Infracorp Development Inc.

• Modified Light Rail Transit Line 6 (LRT-6) Project of Prime Asset Ventures Inc.
   

The three other projects are:

• IT Project for LGU City of Naga by Cylis Technologies Inc.

• Preservation and Development of Laguna de Bay Project by San Miguel Holdings Corp.

• Manila Bay Integrated Flood Control Project by the Coastal Development Consortium

“We are looking at next year na for those projects. Ang pinaka-advanced is ‘yung Bulacan (International Airport),” said Pecson.

San Miguel has proposed to put up an airport on a 2,500-hectare land area in Bulacan with a passenger capacity of 100 million a year.

Once approved by the committee, the government and the private partner will then negotiate the terms of the project.

As an unsolicited proposal, the airport project will be subject to a Swiss Challenge—inviting other firms to make competing offers, while giving the original proponent the right to match the competition. —VDS, GMA News