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December 28, 2015 - Media Release

DOTC, LTFRB prequalify one group for Road IT PPP

December 28, 2015 - Media Release

DOTC, LTFRB prequalify one group for Road IT PPP

The Land Transportation Franchising and Regulatory Board (LTFRB) Chairman Atty. Winston M. Ginez announced through General Bid Bulletin No. 09-2015 that one group is qualified for the bidding of the PhP 298 million Road Transport Information Technology (IT) Infrastructure Project Phase II Public-Private Partnership (PPP) project. Atty. Winston M. Ginez, also the Vice-Chairman of the... continue reading
December 28, 2015 - In the News

Indian-led consortium qualifies to bid for LTFRB’s IT project

December 28, 2015 - In the News

Indian-led consortium qualifies to bid for LTFRB’s IT project

MANILA, Philippines – The consortium of IL&FS Technologies Ltd. (ITL) of India and SAHI Technologies Unlimited Inc. has qualified for the P298 million information technology (IT) public-private partnership (PPP) project of the Land Transportation Franchising and Regulatory Board (LTFRB). “After a full and detailed evaluation of the qualification documents submitted to the Pre-qualification, Bids and... continue reading
December 25, 2015 - In the News

PH one of Asia’s fastest-growing economies

December 25, 2015 - In the News

PH one of Asia’s fastest-growing economies

The Philippines has cemented its position as one of Asia’s fastest-growing major economies despite uncertainties in 2015, and now appears en route to becoming an upper middle-income country over the next six years. The country’s gross domestic product (GDP) averaged 5.6 percent in the first three quarters on strong demand and more jobs and investments.... continue reading
December 23, 2015 - Media Release

DOTC launches bidding for P65-B LRT Line 6 PPP

December 23, 2015 - Media Release

DOTC launches bidding for P65-B LRT Line 6 PPP

The Department of Transportation and Communications is inviting interested local and international groups to participate in the bidding of the PhP65.09 billion Light Rail Transit (LRT) Line 6 project under the Philippine Public-Private Partnership (PPP) Program. LRT 6 project is the proposed 19 kilometer railway from Niyog, Bacoor to Dasmariñas City. It will be connected... continue reading
December 23, 2015 - Media Release

NEDA Board approves NLEX-SLEX Connector Road

December 23, 2015 - Media Release

NEDA Board approves NLEX-SLEX Connector Road

President Benigno S. Aquino III, during the 20th meeting of the National Economic and Development Authority (NEDA) Board on December 16, 2015, has given the Department of Public Works and Highways (DPWH) the go signal to proceed with the NLEX-SLEX Connector Road Public-Private Partnership (PPP) project – subject to a lower initial toll rate. “Last... continue reading
December 23, 2015 - Media Release

Trial period ends for Automated Fare Collection System

December 23, 2015 - Media Release

Trial period ends for Automated Fare Collection System

The tap-and-go unified ticketing system achieved its Full System Acceptance (FSA) last December 16. This means that Operation Readiness Test (ORT) period for the contactless card has already passed the requirements set under the Minimum Performance Specification and Standards (MPSS). The ORT period started last July 20 for LRT Line 2, August 5 for LRT... continue reading
December 23, 2015 - In the News

BSP sees higher FDI inflow next year

December 23, 2015 - In the News

BSP sees higher FDI inflow next year

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) sees more foreign direct investments (FDIs) flowing into the country next year amid the country’s strong macroeconomic fundamentals and the implementation of much needed infrastructure projects under the public private partnership (PPP) scheme. BSP Department of Economic Statistics director Zeno Ronald Abenoja said FDI inflows are... continue reading
December 23, 2015 - In the News

Foreign direct investments seen to hit $6.3B in 2016

December 23, 2015 - In the News

Foreign direct investments seen to hit $6.3B in 2016

BSP also sees FDI inflows rising to $6B this year on the back of sustained economic growth of the country MANILA, Philippines – More foreign direct investments (FDIs) are expected to flow into the country next year, the Bangko Sentral ng Pilipinas (BSP) said Tuesday, December 22, 2015. FDI inflows would hit $6.3 billion next... continue reading
December 22, 2015 - In the News

Gov’t seeks bidders for P65-B railway PPP

December 22, 2015 - In the News

Gov’t seeks bidders for P65-B railway PPP

THE DEPARTMENT of Transportation and Communications (DOTC) is formally seeking bidders for its next big-ticket railway public private partnership (PPP) deal, the proposed P65.1-billion Light Rail Transit Line 6. A bid invite posted on its website showed that the 19-kilometer LRT-6 will run from Niyog in Bacoor to Dasmariñas City in Cavite. The project is... continue reading
December 22, 2015 - In the News

Bidding for LRT-6 starts

December 22, 2015 - In the News

Bidding for LRT-6 starts

MANILA, Philippines – The Department of Transportation and Communications (DOTC) is inviting interested firms to bid for the P65.09 billion Light Rail Transit (LRT) Line 6 project. In an invitation to pre-qualify and bid posted on its website yesterday, the DOTC said it is looking for local and international companies to participate in the bidding... continue reading

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