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DMCI to undertake Naia roadwork for SMC

San Miguel Corp. (SMC) has hired the construction unit of DMCI Holdings Inc. to build the Naia Expressway phase II project.

SMC secured the Naia Expressway phase II contract through a public bidding two months ago.

A filing to the Philippine Stock Exchange showed that SMC unit Vertex Tollways Development Inc. has signed an agreement with D.M. Consunji Inc. for the “engineering, procurement and construction” of the Naia Expressway project.

SMC has already signed the formal concession agreement with the Department of Public Works and Highways (DPWH).

The Naia Expressway, part of the government’s public-private partnership (PPP) program, aims to connect the capital’s main airport terminals to the Entertainment City Manila casino complex, as well as the South Luzon Skyway and Manila Cavite Toll Expressway.

SMC is in the process of completing the detailed engineering for the toll-road, which the government estimates will cost P15.52 billion to build.

DPWH is also negotiating for the project’s right-of-way, which it expects will be completed before the end of the year.

Based on the agreed upon timeline, construction of the first phase will start by 2014. This will link Entertainment City to Naia airport terminals 1 and 2. It is expected to be completed by March 2015.

The succeeding phase, which will extend the toll road to Naia terminal 3 and then to Skyway, would be completed by September that same year.

SMC, through unit Optimal Infrastructure Development Inc., was awarded the project on May 6 after it paid P11 billion up front.

That amount—about 36 times bigger than the offer submitted by the only other bidder, Metro Pacific Investments Corp.—comes on top of the construction cost.

San Miguel will operate the airport toll road for a period of 30 years.

The Naia Expressway Phase II project is composed of a four-lane, 7.75-kilometer elevated expressway and 2.22-kilometer at-grade, or street level, feeder road.  Miguel R. Camus

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Tags: Business , DMCI , naia expressway phase II project , San Miguel Corp.

  • sigena

    DMCI BAGAL NA CONTRACTOR. gaya ginawa nila sa flyover puntang villamor airbase tagal bago natapos. halata kapos sa pondo

  • Anggoy

    DMCI is one of the best contractor the philippines have, they can do this project by themselves no need foreign consultants. and SMC they are not civil contractor but have enough money to run this type of projects as long as the contracts and projects specification are followed specially the quality of work then nothing is wrong here.

  • carlcid

    Ang labas ng DMCI dito ay subcontractor. Kung kikita ang subcontractor, lalong kikita ang may hawak ng kontrata. When the main contractor is only acting like a middleman, there’s something fishy going on!

    • popeyee

      Tanga lang ang magbi-bid ng project na hindi nagiisip na kikita..

  • disqus_ZrxaGjUzMQ


  • kentjohn

    tsk tsk tsk..dmci is for vertical projects..so smc is front only..better japanese contractor much more expert or foreign contractor,ang mga local engrs malaki pa ang sahod pti skilled open ot pa,pro pg local nko mga engr nila minimum lng sahod..mlaki pa ang secu…tuwid n daan nasaan na..

    • MNLFoodcritic

      do you realize that vertical projects are actually more difficult to construct than horizontal?

      • kentjohn

        yes i know because i am a civil engr. and every contractor have field of expertise then if i am the client should i gamble to a contractor with vertical project expertise of not i am to the contractor with alot of experience in horizontal and skyway,flyover project and i prefer japanese company with quality and as per standard practice from construction div. ,engiineering and qa/qc divisin ok..ok

  • disqus_ZrxaGjUzMQ

    dmci SHOULD JUST BID THIS THEMSELVES WHY because SMC probably does not even own a single backhoe

    • popeyee

      SMC does not bid for the construction of the tollway, but for its operation…If SMC bids for the construction of any tollway for that matter i’m sure they will loss for not having any single backhoe, as you said..

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