MANILA HOSTS ASEAN FORUM ON PPPs

PRESS RELEASE

12 December 2014

 

The Philippine Government is set to host the first ASEAN Public-Private Partnership (PPP) Networking Forum which will gather members of the ASEAN Connectivity Coordinating Committee (ACCC), national coordinators, PPP focal points and officials responsible for infrastructure projects from the ten ASEAN Member States (AMS).

The Forum will provide ASEAN member countries the opportunity to exchange information and share experiences about their PPP programs, establish a network of PPP units among ASEAN member countries and  pitch their PPP projects to prospective investors,  financing institutions, and development partners.

It will also tackle the proposed ASEAN Guidelines/Principles on PPP that will harmonize policy, institutional, and regulatory frameworks of the AMS and enhance the economic integration competitiveness of the region.

Ambassador Elizabeth P. Buensuceso of the Philippine Permanent Mission to ASEAN shared that, “Among the ASEAN member countries, the Philippines is said to be the one with the most advanced PPP legal and administrative structure.”

The Philippines has been ranked highest in terms of PPP readiness in the ASEAN Region in the Infrascope 2011 Study of the Economist Intelligence Unit commissioned by the Asian Development Bank.

  “There is room for improvement and we, together with our colleagues in ASEAN, would like to learn the best practices and guidelines of PPP in this workshop, as well as share our  experience with our ASEAN neighbors,” added Ambassador Buensuceso. 

The Forum will be held from December 16-17 at the Sofitel Philippine Plaza Hotel in Manila and is being organized by the Philippine Permanent Mission to ASEAN, with support from the ACCC, the Office of ASEAN Affairs of the Philippines’Department of Foreign Affairs (DFA), and the PPP Center of the Philippines. The Forum is supported by the Economic Research Institute for ASEAN and East Asia (ERIA) and ASEAN Regional Integration Support from the EU (EU ARISE).

 

PROSPECTIVE INVESTORS MAINTAIN STRONG INTEREST ON PPP ROAD-DIKE PROJECT, CALAX

PRESS RELEASE
03 December 2014
 

Laguna Lake Expressway Dike Project (LLEDP) Pre-qualification Conference 02 December 2014

ALL EARS. Interested bidders who bought Prequalification (PQ) documents on the Laguna Lake Expressway Dike listen to the house rules being set during the PQ Conference held by the Department of Public Works and Highways. Clarifications on the technical, financial and legal aspects of the LLED project were tackled.

 
Investor interest continue to remain strong on PPP projects such as the upcoming Laguna Lakeshore Expressway Dike (LLED) which recently went to the auction block and the rebid of the Cavite-Laguna Expressway Project, both PPP projects of the Department of Public Works and Highways.

Twenty-four (24) companies who have bought Pre-Qualification (PQ) documents have signaled its intent to participate in the public auction of the LLED. During the PQ Conference for the LLED project, prospective bidders, were invited to seek clarification regarding their concerns about the project. The LLED’s transaction advisors as well as the members of the DPWH’s Project Bids and Awards Committee fielded queries from the prospective bidders to clarify and explain the technical, financial and legal points of the project.

The PQ conference is part of the PPP bidding process that helps ensure that all parties have the same information and are on the same playing field.

Prospective bidders for the 122.8-billion peso LLED project include:

  1. Rainbow Holdings Inc. Consortium
  2. Muhibbah Engineering (Phil.) Corporation
  3. GT Capital Holdings, Incorporated
  4. Ayala Land, Inc.
  5. Egis Projects S.A. Tam-Yap and Law Offices
  6. Megaworld Corporation
  7. Metro Pacific Tollways Corp.
  8. Minerales Industrias Corporation
  9. Leighton Contractors (Philippines) Inc.
  10. JV Power and Wealth Corporation
  11. LT Group, Inc.
  12. Laguna Lakeshore Consortium
  13. Filinvest Land, Inc.
  14. Macquarie Capital Securities (Phil.) Inc.
  15. San Miguel Corporation
  16. Megawide Construction Corporation
  17. Aboitiz Equity Ventures, Inc.
  18. JG Summit Holdings Inc.
  19. PT Star Line
  20. State Properties Corporation
  21. MTD-Hanshin-VistaLand Consortium
  22. IL & FS Transportation Networks Ltd.
  23. Vinci Concessions
  24. Mega Express Road and Development

The LLED, the first of its kind in the Philippines, is both a high standard highway and a dike that will mitigate problems on traffic and flooding, particularly along the western coastal communities of the Laguna Lake. The 47-kilometer flood control dike and 6-lane expressway will run from Taguig in Metro Manila through the towns of Calamba to Los Banos in Laguna.

At the same Conference, Public Works and Highways Secretary Rogelio Singson formally announced that the Cavite-Laguna Expressway (CALAX) project is again up for bid. According to Singson, this time around, the CALAX will undergo a shorter one stage process where both technical and financial bids will be open. Minimum bid was set at 20.1 Billion pesos. Bid submission for the CALAX is slated for May 2015. Currently, the DPWH is waiting for the final and executory decision from the Office of the President on the President’s directive to rebid CALAX. This will signal the start of the rebid process.
 

Gov’t holds last int’l PPP investment roadshow in AU

PRESS RELEASE
02 December 2014
 
The government continuous to encourage international investors to participate in the Public-Private Partnership (PPP) projects of the country. The PPP investment roadshow of the Philippines in Australia gathered several investors, operators, contractors, developers, lenders and fund managers.

The Philippine government, through the Public-Private Partnership Center, Philippine Consulate General, Sydney and Embassy of the Philippines in Canberra with support from the Australian Government through Austrade, successfully conducted two investment fora in Melbourne and Sydney to encourage Australian business groups to invest in the country’s PPP projects.

PPP Investment Forum in Melbourne
The first leg of the government’s Australia investment roadshow was conducted in Melbourne where an estimated 40 participants from public and private sectors attended the PPP forum.

Honorary Consul General Felix Pintado of the Philippine Consulate General in Victoria opened the forum that was held at Hilton on the Park, Melbourne last November 25 stressing the importance of Australia and Philippines bilateral relations.

PPP Center Executive Director Cosette V. Canilao encouraged the participants to invest in the Philippines’ PPP projects especially that there are eight (8) projects that will be rolled out soon. These projects that will be procured include six airports, one prison facility and a port modernization.

After the investment forum, government representatives: Executive Director Canilao and Deputy Executive Director Sherry Ann Austria of the PPP Center, Honorary Consul General Pintado, and Commercial Consul to Australia and New Zealand Emman Ang had the chance to network with Australian companies present.

Sydney PPP forum
The last stop of the Australia roadshow was the PPP forum in Sofitel Sydney Wentworth last November 27. More than 45 participants attended the event and showed interest in the country’s PPP program.

Companies like Macquarie, Export Finance and Insurance Corporation, DLA Piper, Ashurst Australia, and Siemens and Australian government representatives from the Department of Foreign Affairs and Trade and NSW Trade and Investment graced the forum.

Deputy Executive Director Atty. Sherry Ann Austria presented the initiatives for a sustainable PPP program. She highly emphasized to institutionalize these initiatives to sustain the gains of the Program.

A question and answer session was also conducted that provided a venue for the participants to inquire more about the country’s PPP program and the projects in the pipeline.

After the forum, Executive Director Canilao and Deputy Executive Director Austria also met with PPP players in Australia such as Capella Capital, Allens Linklaters, and Leighton to discuss PPP investment opportunities in the Philippines.

After successful investment roadshows in Europe, Singapore, Japan,and North America that attracted interests from foreign investors, the Australia event is the last international roadshow of the Public-Private Partnership Center for 2014.
 

PH PPP journey inspires annual CES conference participants

PH PPP journey inspires annual CES conference participants

PRESS RELEASE
02 December 2014

The Career Executive Service Board celebrated the 41st institutional anniversary of the Career Executive Service (CES) last 12-14 November 2014 at the Water Front Cebu City Hotel and Casino. The event, entitled “CES Leadership in the Social Era: From Nation-Building to Global Governance”, was extremely attended by CES officers and eligible.

PPP Center’s Deputy Executive Director, Atty. Sherry Ann Austria, was invited as the key speaker in one of the multi-track CES Competency Development sessions with a theme “Public-Private Alignment, Convergence and Partnerships: The Way Forward”.

She shared the journey of the PPP Program and the challenges faced by the PPP Center as a leadership tool in demonstrating the lessons, experiences and innovations as a leader to promote and instill a culture of excellence, quality, performance effectiveness and accountability to achieve national development and global competitiveness.

“Our story shapes our culture, values and strategies within the organization,” she said.

In recollecting the challenges that PPP Center had to face during its early years, Atty. Austria stressed the importance of maintaining a positive attitude to keep its people inspired and hopeful.

“The PPP Center went through hardships in achieving its goals but the word ‘surrender’ has never been an option. From top to bottom, the people inside the PPP Center know the importance of what they are doing,” she added.

“With the accomplishments that the PPP Program has achieved so far, we are now impelled to act in ensuring its sustainability through the BOT Law amendment”, Deputy Executive Director Austria concluded.

FOUR GROUPS GUN FOR PHP 4 B PPP TRANSPORT TERMINAL

PRESS RELEASE

27 November 2014

 

Four companies officially expressed their interest to be qualified to bid for the 4 Billion peso Integrated Transport System- South Terminal of the Department of Transportation and Communications.  Ayala Land Inc., Datem Inc., Filinvest and MVM Terminals which is a consortium between Megawide Construction Corporation and WM Property Management, Inc. submitted their pre-qualification documents for evaluation by the Project Bids and Awards Committee of the Department of Transportation and Communications (DOTC).

According to the DOTC’s project timeline for the ITS-South, bidders will receive notifications on the result of the evaluation of their PQ documents by December 22, 2014. The PBAC (Pre-Qualification Bids and Awards Committee) targets to issue the Instruction to Bidders, including the draft Concession agreement and the draft schedules of the Concession Agreement by December 29, 2014.

The Pre-Bid Conference is slated for January 2015.

The ITS South Terminal will be located within a 4.7-hectare space near the Food Terminal complex in Taguig.  It will be implemented through a Build-Transfer-Operate (BTO) arrangement. Under a BTO scheme, the private concessionaire will build the ITS South terminal and transfer this to the DOTC. The operation and maintenance of the terminal will be undertaken by the winning private concessionaire using performance standards and specifications stated in the PPP concession agreement for a period of 35 years.

The ITS-South is the second transport terminal project to be undertaken by the DOTC under a public-private partnership arrangement. The first transport terminal – the Integrated Transport System –Southwest is awaiting the bid submissions of prospective bidders due on December 1, 2014.

First ASEAN PPP Networking Forum set in Manila

PRESS RELEASE
21 November 2014
 
The Philippines will be hosting the first ASEAN Public-Private Partnership (PPP) Networking Forum in Manila this December 2014.

The forum will bring together members of the ASEAN Connectivity Coordinating Committee (ACCC), national coordinators, PPP focal points and officials responsible for infrastructure projects from the ten ASEAN Member States (AMS).

Organized by the Permanent Mission of the Philippines to ASEAN led by Her Excellency Elizabeth P. Buensuceso, with support from ACCC, Department of Foreign Affairs (DFA) ASEAN Economic Community (AEC) Division and the PPP Center of the Philippines. The forum, sponsored by Economic Research Institute for ASEAN and East Asia (ERIA) and ASEAN Regional Integration Support from the EU (EU ARISE), will be held at the Sofitel Philippine Plaza Hotel from December 16-17.

The forum aims to be a venue for sharing experiences on PPP of every member countries. It will tackle challenges, opportunities, and innovative PPP practices as well as insights from the private sector.

It will also facilitate dialogue about a proposal for an ASEAN Guidelines/Principles on PPP that expects to harmonize policy, institutional, and regulatory frameworks of AMS with the view to further enhance the economic integration and global competitiveness of the region.

This also aims to establish a network of PPP units or similar institutions that will be a venue for regular interaction of member countries.

Representatives from the private sector, financing institutions, and development partners will also be in attendance which is an opportunity for ASEAN countries to pitch in their pipeline of projects and development support requirements.

Earlier this month, President Benigno Aquino III made the announcement of the country’s hosting of the said forum to fellow ASEAN leaders and top business officials during the ASEAN Business Advisory Council (ABAC) dialogue, which was part of the recently-concluded 25th ASEAN Summit in Nay Pyi Taw, Myanmar.

“The forum will take stock of the outcomes of recent PPP initiatives in ASEAN and will serve as an avenue for exploring the future direction of PPP efforts in the ASEAN region,” President Aquino said during his intervention at the ABAC dialogue.

“In this way, with both the public and private sectors working together, we will sooner realize our vision of an inclusive, interconnected, and progressive region, one that serves as a wellspring of opportunity for all our peoples,” he added.
 

Five firms hurdle pre-bid requirements for PhP 24.4 B PPP water project

PRESS RELEASE
20 November 2014

Bulacan Bulk Water Supply Project (BBWSP) has five pre-qualified bidders

Five firms have been pre-qualified by the Metropolitan Waterworks and Sewerage System (MWSS) to bid for its 24.4 Billion Bulacan Bulk Water Supply (BBWS) project. MWSS announced that Team Polaris – Manila Water, First Philippine Holdings Corp. and Abeima Consortium, Filinvest Agua Consortium, SMC – K water Consortium and Prime Alloy Water Consortium have hurdled the legal, technical and financial requirements under the first stage of the bidding process. The pre-qualified consortia will now be invited by the MWSS to submit their formal bids for the MWSS water project.

According to the MWSS Pre-qualifications, Bids, Awards Committee, the bid documents will be issued to the pre-qualified bidders at a later date. Bidders will be given sufficient time to prepare their technical and financial proposals.

First Philippine Holdings Corp. and Abeima Consortium is composed of First Philippines Holdings Corp. and Spain’s’ Abeinsa Infraestructuras Medio Ambiente, S.A.

The Consortium of SMC-K Water has San Miguel Holdings Corp. and Korea Water Resources Corporations as partners.

The Filinvest Agua Consortium is a team up between Filinvest Development Corporation and another Spanish group, Tecnicas De Desalinizacion De Aguas, S.A. (Spain) while Prime Alloy Water Consortium is a partnership between Prime Water Infrastructure Corp.; Malaysian-based MTD Capital BHD; UK’s Biwater International Ltd.

Originally, the project attracted 15 prospective bidders Manila Water (Philippines, Marubeni (Japan) Filinvest (Philippines), First Balfour (Philippines), Abengoa (Spain), Megawide (Philippines), San Miguel (Philippines), Maynilad Water Services, Inc.(Philippines), New San Jose Builders, Inc. (Philippines), Sojitz Corp.(Japan), Korea Water Resources Corp.(Korea), Prime Water Infrastructure Corp (Philippines), Datem Water, Inc. (Philippines), Acciona Agua (Spain)n and Aboitiz Equity Ventures (Philippines).

The water supply project will be undertaken as a public-private partnership arrangement applying a Build-Operate-and Transfer (BOT) structure defined under Republic Act 7718 or the BOT Law. It will undergo competitive public bidding.

The winning bidder will undertake the financing, detailed design, construction, including the maintenance of the conveyance facility, treatment facilities as well as the water source under a 32-year concession period which includes the construction of the facility.

When built, the Bulacan Bulk Water Supply project, will supply water districts treated raw water, which will serve 24 municipalities in Bulacan.