The Department of Transportation and Communications (DOTC) has moved the bid submission for the Davao Sasa Port Modernization public-private partnership (PPP) project to March 28 from Feb. 26 to give interested firms more time to prepare their offers.
Transportation Undersecretary for planning Rene Limcaoco said the bid submission for was moved to give prequalified bidders “more time to conduct technical, financial and legal due diligence.”
The bidders include San Miguel Holdings Corp.-APM Terminals Management (Singapore) Pte. Ltd.; Portek International Pte Ltd.-National Marine Corp. Consortium; International Container Terminal Services Inc; Asian Terminals Inc.-DP World FZE Consortium; and Ballore Africa Logistics.
The PPP project entails the redevelopment of Davao Sasa Port into a modern container terminal that is on a par with international standards. It is expected to improve access to Mindanao and the Philippines by providing dedicated containerized port in the region.
The project which will have a 30-year cooperation period with the winning bidder, involves the development of the existing Sasa Port in Davao City into world-class container terminal.
The DOTC said earlier the Sasa Port is envisioned to become comparable to the country’s top ports in terms of speed and quality of service by the time the first phases of the project are completed in 2018.
The winning bidder will build a new apron and linear quay, expand the back-up area, container yards and warehouses and install ship-to-shore cranes and rubber-tyred gantry.