3 groups prequalify for toll road project | Inquirer Business

3 groups prequalify for toll road project

Ayala, SMC, MVP vie for 47-km Cavite-Laguna expressway
/ 09:56 PM November 04, 2013

Cavite-Laguna Expressway Route Map www.dpwh.gov.ph

The bidding process for a major public private partnership deal—the 47-kilometer Cavite-Laguna Expressway—is progressing smoothly with the government prequalifying three out of four interested groups Monday.

Allowed to proceed to the next stage in the bid for the P35.4-billion highway were the groups led by Ayala Corp. and Aboitiz Land; San Miguel Corp., and Manuel V. Pangilinan-led Metro Pacific Tollways Development Corp., according to Eugenio Pipo Jr., assistant secretary at the Department of Public Works and Highways.

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He said the department was requesting clarifications from the fourth bidder, Malaysia’s Alloy MTD, the only international group. “We’re giving them three days to respond,” Pipo said in an interview.

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He said DPWH’s clarifications involved a certification of completion for projects in Malaysia and added documents on the experience of their designer. MTD is Malaysia’s second-largest toll-road operator.

“There were just some questions raised by members of the technical working group, including the transaction adviser,” Pipo noted.

MTD Philippines president Isaac David said in a separate interview that they were ready to furnish the DPWH with the required documents.

He noted that a certification for completion of existing operations of toll roads, however, could not be immediately given as these are long-term contracts that have yet to expire.

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TAGS: ayala corp., bidding, Business, Cavite-Laguna Expressway, Infrastructure, Manuel V. Pangilinan, San Miguel Corp., toll road project

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