Business World, 01 January 2013
By Lorenz Cristoffer S. Marasigan
THE TRANSPORTATION agency is poised to auction off the P4.04-billion Davao-Sasa Port Modernization public-private-partnership (PPP) in the first quarter of the year, government officials said.
“We are looking at bidding out the Davao-Sasa project in the first quarter of the year,” Transportation Secretary Joseph Emilio A. Abaya said via text message.
In a separate text message, PPP Center Executive Director Cosette V. Canilao said that the project is up for presentation to the state’s port body and the National Economic and Development Board Investment Coordination Committee (NEDA-ICC) for evaluation, also in the first quarter of the year.
The winning bidder will be in charge of the modernization and privatization of the Davao port.
“It also includes the O&M (operation and maintenance) component,” Mr. Abaya said.
The government earlier said that there is a need to accommodate the increasing cargo traffic in the said port.
Davao-Sasa Port currently has a capacity of 700,000 20-foot equivalent units (TEUs).
The Philippine Ports Authority (PPA) has said that it expects the volumes of the Davao port to reach 1.2 million TEUs in the next five years.
