Three companies bid for Phase II of school PPP project in the Philippines

Subscribe to our newsletter and get the latest news and business opportunities in your inbox
Three companies bid for Phase II of school PPP project in the Philippines

The Philippine Public Private Partnership Center announced that three groups submitted offers for the P8.8 billion (US$425 million) School Infrastructure Project Phase 2 of the Department of Education.

The three firms/consortia were:

The Department of Education aims to open the financial bids within a week.

The second phase involves the design, financing, and construction of 10,679 one- and two-storey classrooms, including furniture, fixtures and toilets, in 5,033 public schools across 14 regions. The investment will be US$425 million.

Philippines has already bid successfully the P1.96-billion Daang Hari-SLEX Link, the P16.42-billion School Infrastructure Project Phase 1 and the P15.5 billion NAIA Expressway.

Citicore Holdings Investment Inc-Megawide Construction Corp Inc and BF Corp-Riverbanks Development Corp bagged the contracts for the first phase of the Department of Education project.

The Ayala Group won the Daang Hari-SLEX Link, while San Miguel Corp got the NAIA Expressway project.

Source: PPP Center

Share this news

Join us

In order to get full access to News section, you must have a full subscription. You can check all the benefits of becoming a member and purchase a subscription on our membership page.