Five firms have submitted pre-qualification documents to modernise Davao Sasa port, the Public-Private Partnership (PPP) Center of the Philippines said in a statement.
Three joint ventures (JVs) and two single companies make up the five companies.
The JVs are Asian Terminals Inc, which is working with the Dubai-headquartered DP World; San Miguel Corporation, which is aligned with APM Terminals; and Portek International, which is partnered with the National Marine Corporation.
The two standalone firms are Bollore Africa Logistics and International Container Terminal Services Inc (ICTSI).
Pre-qualified bidders will be announced after 20 calendars days, the PPP statement added.
Already the submissions have meant controversy with ICTSI needing to refute a press report it was bidding for the project, which has been price-tagged at PHP18.99 billion (USD416 million).
“It was not a bid. It only consisted of pre-qualification information. ICTSI has not yet submitted any bid at this stage,” ICTSI said in a statement.
“The terms of reference for the project has not yet been released by the DOTC [Department of Transportation and Communications], and access to any documentation on the tender, whether feasible or not, will only be available to those who have filed for the pre-qualification,” ICTSI added.
Modernisation of Davao Sasa port is the first of a pipeline of PPP projects in the Philippines, where it is hoped will boost its economy. Davao Sasa port is seen as helping the country’s agro-exports especially bananas.
This post was sourced from IHS Maritime 360: View the original article here.