News / IFC to hire legal advisor for Philippine port project

IFC to hire legal advisor for Philippine port project

🕔 March 18, 2014
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The International Finance Corporation (IFC) is requesting expressions of interest to hire a local legal consultancy firm for the Davao Sasa port project in the Philippines.

The firm will provide support to the IFC transaction team with regard to the legal aspects of the tender process up through the contract award.

Interested consultants must provide information indicating that they are qualified to perform the services on or before 23 March 2014.

The project would be developed on a build, operate and transfer (BOT) basis for a period of around 35-40 years. The project cost is estimated at US$400 million.

The development of the Davao Sasa Port in Davao involves the construction and modernization of its port infrastructure, including the new apron, linear quay, expansion of back-up area, container yards, warehouses, and the installation of new equipment like ship-to-shore cranes and rubber-tyred gantry.

The development of the Davao Sasa Port into an international-standard container terminal is expected to significantly increase operational performance, reduce vessel waiting times, and attract direct calls of large foreign container vessels in turn reducing shipping costs for import/export cargo to and from Mindanao.

See tender document:

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