The Department of Transportation (DOTr) is working with the International Finance Corp. (IFC) in crafting guidelines for the bidding of the Davao International Airport project, one of the major infrastructures in the government’s pipeline.
In a statement on Friday, the DOTr said it had inked a transaction advisory service agreement with the World Bank Group unit to lay out the airport project’s terms of reference (TOR).
Article continues after this advertisementTOR sets the deliverables the interested project bidders are expected to meet, in addition to the qualification and cost projections, among others.
FEATURED STORIES BUSINESS National ID gives more Filipinos ‘face value BUSINESS BIZ BUZZ: Unwinding Gogoro … quietly BUSINESS Polvoron maker seeks P500 million capital for expansionThe DOTr targets to release the TOR within six months. This will be followed by the issuance of an invitation to bid.
“This agreement will formulate the best way to rehabilitate, expand, operate, and maintain the Davao International Airport and other regional airports,” DOTr Secretary Jaime Bautista said.
Article continues after this advertisementREAD: DOTr steps up development of regional airports
Article continues after this advertisementIFC regional manager Thomas Lubeck, meanwhile, said they were looking forward to “leveraging all our experience to make this a success, not only for the government but also for all the end users.”
Article continues after this advertisementBautista said they were eyeing to complete the entire public-private partnership process within 13 months.
The government has been pouring in investments into regional gateways to improve connectivity not only across the country but also towards international destinations.
Article continues after this advertisementApart from Davao, the DOTr is looking at developing airports in Busuanga, Bacolod, Bicol and General Santos, among others.
It also aims to award the P4.53 billion Bohol-Panglao airport contract before the year ends. The unsolicited proposal put forward by the Aboitiz Group—the holder of original proponent status—is undergoing a Swiss challenge to invite other rivaling bids.
READ: DOTr: Naia airport fee hike approved by Cabinet
For next year, DOTr wants to award the contracts to develop Iloilo, Puerto Princesa, and Kalibo airports.
The P20.85-billion Iloilo project and P10.24-billion Puerto Princesa contract were proposed by Villar-led Prime Asset Ventures Inc.
The P3.62-billion Kalibo International Airport project is an unsolicited proposal by Mega7 Construction Corp., a company owned by advertising firm Digichive Philippines Corp. and merchandise company Dominion Intertrade Corp.
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Meanwhilebetking, the operation and maintenance of the Laguindingan International Airport will be turned over to the Aboitiz Group next year.
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