PRESS RELEASE
14 November 2013
With government focusing its energies and resources to respond to the mammoth needs of those devastated by Typhoon Yolanda, the scheduled NEDA Board meeting set for this week was postponed. The NEDA Board is chaired by the President which approves PPP projects.
Despite the postponement, several PPP projects remain on track, including the Automated Fare Collection System (AFCS), a PPP project of the Department of Transportation and Communications (DOTC) which is all set to go ahead with its scheduled bid submission on November 18, 2013, 2:00 pm.
However, the DOTC postponed the submission of bids for the Mactan-Cebu International Airport (MCIA) project scheduled for tomorrow, November 15, 1023. According to Atty. Miguel Sagcal of the DOTC, “The bid submission for the MCIA project originally scheduled this Friday has been postponed since the NEDA board meeting did not push through under current circumstances. We are still confirming the new schedule. We will set the submission of the bids 5 days after the NEDA Board approves the revisions.”
Sagcal also added that the DOTC will issue an official notice to the bidders through its website to announce the new schedule. This is however contingent on the availability of the President. The DOTC foresees that it might take at least another two weeks before another NEDA Board meeting could be held.
The PPP program remains as one of the President’s priority programs to help sustain the country’s economic growth.
