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1.

NEW CONTRACT AWARD FOR HONG KONGS 3RS EXPANSION PROJECT

Hong Kong International Airport has awarded one of the worlds leading geo-data specialist companies a land site investigation contract as part of its $18 billion (HK$141.5bn) Three-Runway System (3RS) ......

  • Hong Kong S.A.R.
  • Administration & Marketing
  • 11 Nov 2019
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Description Hong Kong International Airport has awarded one of the worlds leading geo-data specialist companies a land site investigation contract as part of its $18 billion (HK$141.5bn) Three-Runway System (3RS) expansion project. Fugro will perform geotechnical drilling and cone penetration tests on newly reclaimed land, and provide laboratory testing to acquire geotechnical data for the new passenger building and related infrastructure. The 3RS project comprises involves the construction of a third runway and associated taxiways, the third runway passenger building and an apron on 650 hectares of reclaimed land. Upon completion of the 3RS, the airport will be capable of handling an additional 30 million passengers annually, ensuring that it will be equipped to handle up to 100 million passengers and nine million tonnes of cargo annually by 2030. Fugros work on the 3RS project since 2011 has helped airport operator, Airport Authority Hong Kong (AAHK), validate the first large-scale use in Hong Kong of a new, more environmentally friendly method of treating the seabed before the start of work to reclaim land from the sea. Called ‘deep cement mixing’, the technique removes the need for dredging before reclamation to significantly reduce the impact on the marine environment and is one of many green and sustainable design, construction and operational initiatives incorporated into the 3RS project.
Industry Administration & Marketing
Source http://www.airport-world.com/news/general-news/7406-new-contract-award-for-hong-kong-s-3rs-expansion-project.html
2.

DEME - CSBC-DEME Wind Engineering signs contracts for the Zhong Neng offshore wind farm in Taiwan

Taiwan based CSBC-DEME Wind Engineering (CDWE) and the Zhong Neng Wind Power Corporation Preparatory Office have signed two contracts for the Zhong Neng offshore wind farm project. The contracts incl ......

  • Taiwan
  • Administration & Marketing
  • 08 Nov 2019
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Description Taiwan based CSBC-DEME Wind Engineering (CDWE) and the Zhong Neng Wind Power Corporation Preparatory Office have signed two contracts for the Zhong Neng offshore wind farm project. The contracts include transportation and installation of foundations, as well as a Preferred Bidder Agreement (PBA) for transportation and installation of wind turbines. The 300 MW Zhong Neng offshore wind farm, developed by China Steel Corporation, is planned for completion in 2024. In order to implement the localisation policy required by the Taiwanese government, the Zhong Neng Wind Power Corporation Preparatory Office has worked closely with CDWE, with the aim of maximising local content. China Steel Corporation makes every effort to invest in local wind turbine component production and steel structure fabrication. CDWE is a joint venture of CSBC and DEME Offshore in Taiwan. CDWE has signed a Preferred Bidder Agreement for the WTG transport and installation scope of CIPs Changfang-Xidao offshore wind farm in May 2019. Recently CDWE also signed a Preferred Supplier Agreement with Hai Long Offshore Wind for a large-scale Balance of Plant (BOP) scope. The two contracts signed today mark another milestone in CDWEs strategy for business diversification and its role as a pioneer and driving force in the localisation of offshore wind developments, making further contributions to Taiwans renewable energy potential. About DEME DEME Offshore is a global solutions provider in the offshore oil, gas and renewables industry. The company has an unmatched track record in the transport and installation of foundations, turbines, cables and substations for offshore wind farms. DEME Offshore is a subsidiary of the DEME Group, a world leader in the highly specialised fields of dredging, marine engineering and environmental remediation. The company can build on more than 140 years of know-how and experience and has fostered a pioneering approach throughout its history, being a front runner in innovation and new technologies. DEMEs vision is to work towards a sustainable future by offering solutions for global challenges: a rising sea level, a growing population, reduction of CO2 emissions, polluted rivers and soils and the scarcity of natural resources. Although DEMEs activities originated with the core dredging business, the portfolio diversified substantially over the decades, including dredging and land reclamation, solutions for the offshore energy market, infra marine solutions and environmental solutions. While the companys roots are in Belgium, DEME has built a strong presence in all of the worlds seas and continents, operating in more than 90 countries worldwide. DEME can rely on 5,200 highly skilled professionals across the globe. With a versatile and modern fleet of over 100 vessels, backed by a broad range of auxiliary equipment, the company can provide solutions for even the most complex projects.
Industry Administration & Marketing
Source https://www.energycentral.com/news/deme-csbc-deme-wind-engineering-signs-contracts-zhong-neng-offshore-wind-farm-taiwan
3.

Pre-bidding meeting for 2 bidding packages with over 1,100 billion VND in Ho Chi Minh City: Clarifying contents of Bidding Documents

Tuesday, October 22, 2019 14:00 (GDT) - On October 21, 2019, a pre-bidding conference for two construction and installation packages (No. 15 and No. 16) of the Project on Dredging the drainage axis of ......

  • Vietnam
  • Administration & Marketing
  • 29 Oct 2019
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Description Tuesday, October 22, 2019 14:00 (GDT) - On October 21, 2019, a pre-bidding conference for two construction and installation packages (No. 15 and No. 16) of the Project on Dredging the drainage axis of Xom Cui canal (Ho Chi Minh City) was organized to make Clearly some contents of the bidding documents (Bidding Documents). These are 2 very large bidding packages, attracting the attention of many contractors. The Xom Cui canal dredging project has two major construction packages. Specifically, Package 15 Construction and Installation 1 From K0 + 000 to K3 + 311, the bidding package price is 558,109,568,887 VND. Package 16 Construction and installation 2 From K3 + 311 to K6 + 650, the bidding package price is VND 554.405,803,404. Both bidding packages are funded by Ho Chi Minh City budget. The form of contractor selection is open bidding, not pre-qualification. The two above-mentioned packages are invested by Ho Chi Minh City Infrastructure Construction Project Management Unit (BMT). As planned, these two bidding packages will be opened for bidding on October 28, 2019. These are packages that attract the attention of many contractors in the field of irrigation, construction of embankments. Up to now, 16 contractors have purchased Bidding Documents of these two bidding packages. During the process of issuing Bidding Documents, the contractor sent a written request to clarify the Bidding Documents. On October 17, 2019, BMT sent a letter to bidders to buy the Bidding Documents to participate in the Pre-Bidding Conference. The conference took place in the afternoon of October 21 under the chairmanship of Mr. Tran Nhu Quoc Bao, Deputy Director of Ho Chi Minh City Urban Infrastructure Construction Project Management Board. Under the direction of BMT, consultants such as: New Technology Construction Services Trading Co., Ltd. are prepared to answer bidding issues that need clarification for participating units; The Southern Institute of Water Resources Research is preparing to answer the content that needs clarification on design. Reportedly, the content of the contractors proposal for clarifying the Bidding Documents of Package 15 relates to specific experience in construction management and implementation. Accordingly, the Contractor requests clarification of the minimum value of the similar contract; How does this value apply to partners? The contractor considers that the main item of the Package is a protective embankment (or retaining wall) with a structure of reinforced concrete piles, which is the type of revetment that is currently closed by a contractor? On October 18, 2019, in the clarifying document of Bidding Package No. 15, BMT responded to the above clarification request. According to BMT, the same minimum contract value requirement is VND 314 billion including VAT as prescribed. At the same time, BMT guides contractors based on the requirements and instructions of the Bidding Documents because the Bidding Documents have been prepared in accordance with Circular No. 03/2015 / TT-BKHDT when required for assessment of competence and experience. with the joint venture contractor. Before the opinion of the contractor that, the requirement of revetment structure is reinforced concrete piles with "orientation" for a specific contractor in Ho Chi Minh City, BMT said: "Document of design of construction drawing and the estimate was appraised and approved by the Department of Agriculture and Rural Development of Ho Chi Minh City. Bidding dossier is made based on the size and nature of the bidding package and the entire design dossier of the bidding package (including design explanation, construction design drawings, technical instructions, explanation of organizational measures). construction) has been provided to the contractor attached to Bidding Documents ”. In addition, the consulting unit established the construction drawing design and the estimate gave an explanation on the scale and main items of the bidding package: bank protection embankments, dredging canals, trees and lighting. , railings, horizontal systems, vertical systems, landing stages. In particular, the main item is a coastal protection embankment with a length of 5,399m. There are 2 types of revetment structure, including: embankment structure with 2.061m prestressed concrete sheet piles and embankment structure with 3,388m long corner reinforced concrete structure. "These two types of embankment structures have been and are being built very popular in the country, especially in Ho Chi Minh City and the Mekong Delta," said the representative of BMT.
Industry Administration & Marketing
Source https://baodauthau.vn/dau-thau/hoi-nghi-tien-dau-thau-2-goi-thau-hon-1100-ty-tai-tphcm-lam-ro-noi-dung-cua-hsmt-112606.html
4.

Valencia major objects to north extension of port

Valencia, Spain (PortSEurope) October 1, 2019 – On September 30, Autoridad Portuaria de Valencia (APV – Valenciaport, Port Authority of Valencia) approved the selection of the offer submitted by Termi ......

  • Spain
  • Administration & Marketing
  • 25 Oct 2019
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Description Valencia, Spain (PortSEurope) October 1, 2019 – On September 30, Autoridad Portuaria de Valencia (APV – Valenciaport, Port Authority of Valencia) approved the selection of the offer submitted by Terminal Investment Limited (TIL) for the new container terminal of the North Expansion. The mayor of Valencia, Joan Ribó, was the only person to vote against the selection. The mayor has said that a new Environmental Impact Statement (DIA – Declaración de Impacto Ambiental) is necessary, based on a report from the legal services of the session that recommends it. He adds that a DIA would be necessary because as dredging volumes, there is a landscape effect on the northern area and there is an undoubted impact of mobility, and on the quality of the atmosphere, as the number of TEUs is almost doubled and, if it is not fixed, the number of trucks is doubled. However, he has stressed that the session does not say that there will be an impact, but that a study be done to determine the possible impacts. He also said that the City Council does not want to stop this extension, but to do well. Similarly, the Vice President and spokeswoman for the Generalitat, Monica Oltra, has said that the north extension of the port of Valencia must take into account “all the conditions that could occur” at the environmental level and has guaranteed that the Consell works should “find the balance between economic activity and sustainability.” PortSEurope Note: Terminal Investment Limited Sàrl (TIL) operates container terminals around the world. It was founded in 2000 to secure berths and terminal capacity in the major ports used by Mediterranean Shipping Company (MSC).
Industry Administration & Marketing
Source https://www.portseurope.com/valencia-major-objects-to-north-extension-of-port/
5.

Ultrapetrol presented the only offer in the public tender for the Grain Terminal Elevator

The governor Domingo Peppo led last Friday the act of opening envelopes corresponding to the tender for the maintenance, use, operation, operation and work of the Terminal Elevator and / or Grain Coll ......

  • Argentina
  • Administration & Marketing
  • 17 Oct 2019
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Description The governor Domingo Peppo led last Friday the act of opening envelopes corresponding to the tender for the maintenance, use, operation, operation and work of the Terminal Elevator and / or Grain Collection and Shipping Plant, carried out by the Government of Chaco, through the Administration of the Port of Barranqueras. Ultrapetrol SA, which already operates in the facilities, presented the only offer. licitacion.jpg Governor Peppo during the opening of envelopes of the tender for the maintenance, use, operation, operation and work of the Grain Terminal Elevator. The president said that with this action the Province, far from transferring assets, begins an expansion process of that grain marketing unit. The idea is to generate a private investment with a maximum amount of 40 million dollars, which includes the maintenance and dredging of the Barranqueras stream to ensure navigability. The initiative foresees the improvement in the plant system, optimization, expansion, incorporation of technology; In addition to boosting the volume of operation and discharge to reach an estimated more than two million tons per year. This will generate labor and intense movement throughout the Barranqueras port complex. “In addition to this we have other works that are soon to be tendered and authorized, such as access to the port and work with Belgrano Cargas to improve train capacity. Complemented with the Port of Las Palmas, Chaco will be an important logistics center for the country and the world, ”he said. The company that presented the Private Initiative, Ultrapetrol SA already had direct contracting through the Autonomous Entity of the Port Administration of Puerto Barranqueras. The Private Management Law is valid for 20 years, but this is the first time that the procedure established will be used. "In the context that we find at the port, we turn to this tool to face an investment process in the port, which allows us to expand the installed capacity and provide more logistics for production," said the president. More production and employment The coordinator of the Entity of Liaison, Julio Ocampo said that what is prioritized is direct private investment, which will be installed in the port and once the contracting period is over, all the infrastructure will return to the Province. "All jurisdictions work together to formalize the private initiative that will generate labor, greater production and logistics for the province," he said. In this way, the services of the former national grain board may be hired and awarded for a term of 11 years. “It is important to know that for this to happen the province does not take credits and does not borrow; it is direct private investment and that is why the governor gave priority to the project and we are accompanying this to happen, ”he said. From the moment of hiring, the company undertakes to maintain all services, personnel and increase the volume of cargo. Although it was an open call for tender, the only company that was presented was Ultrapetrol, with an initial investment of 40 million dollars for the different instances of Infrastructure and to maintain and improve services and provide 200 indirect jobs.
Industry Administration & Marketing
Source http://www.diarionorte.com/article/184520/ultrapetrol-presento-la-unica-oferta-en-la-licitacion-publica-para-el-elevador-terminal-de-granos-
6.

Bidding package for construction of 6 bridges in Tra Vinh and Vinh Long provinces: Meeting "drought" with incompetent contractors

(DTT) - Construction and Investment Joint Stock Company 419 (Company 419) has just been terminated the contract at a 6-bridge construction package in Vinh Long and Tra Vinh provinces. Joint venture wi ......

  • Venezuela
  • Administration & Marketing
  • 20 Sep 2019
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Description (DTT) - Construction and Investment Joint Stock Company 419 (Company 419) has just been terminated the contract at a 6-bridge construction package in Vinh Long and Tra Vinh provinces. Joint venture with 419 Company is Van Sau One Member Limited Liability Company (Van Sau Company) is also in danger of being behind schedule in this package. Notably, Van Sau Company has just been terminated by another investor because it is no longer able to continue performing the bidding package. According to the bid solicitor, 419 Construction and Investment Joint Stock Company confirmed that there was no capacity to continue construction of 3 bridges at Package XL07. Photo of Irrigation Board 10 According to the bid solicitor, 419 Construction and Investment Joint Stock Company confirmed that there was no capacity to continue construction of 3 bridges at Package XL07. Photo of Irrigation Board 10 The Management Board of Irrigation Investment and Construction 10 (hereinafter referred to as the Irrigation Committee 10) of the Ministry of Agriculture and Rural Development has announced the termination of construction contract package XL07. , Phuoc Loc, Xuan Loc, Ba Theo, Trung An and Lo Co under the Project of Dredging of May Phop - Nga Hau Canal, Vinh Long and Tra Vinh Provinces. According to the contractor selection result approved by Irrigation Board 10 in Decision No. 122 / QD-BQL10-DT dated August 17, 2018, Joint Venture of Company 419 - Phuc Nguyen Construction and Trading Joint Stock Company (the Company Phuc Nguyen) - Van Sau has won the aforementioned bidding package, with the winning price of VND 40,702 billion. The joint venture of these 3 contractors will have to build 6 bridges with load capacity of 0.5HL93 to 0.65HL93 in Vinh Long and Tra Vinh provinces. Irrigation Board 10 said, according to the Joint Venture agreement, Company 419 will construct 3 bridges (Tam Bun, Xuan Loc, Ba Theo), with the implementation volume equivalent to 36% of the value of the Package. Phuc Nguyen Company constructs 2 bridges, with the execution volume equivalent to 41%; Van Sau Company constructs 1 bridge, with the execution volume equivalent to 23%. However, up to the time the Irrigation Board 10 decided to terminate the Contract, Company 419 only made 54% of the workload that this contractor undertook. An official of Irrigation Division 10 said that after many working sessions with the bid solicitor, Company 419 confirmed that there was no longer enough capacity (finance, human resources, equipment) to continue construction of 3 bridges. at Package XL07. Because of affecting the progress and efficiency of the Package, Irrigation Board 10 decided to terminate the Contract with Company 419 and confiscate the contract performance guarantee as prescribed. For the remaining workload of this contractor, Irrigation Division 10 has appointed 307 Transport Construction Company Limited to perform. The staff of 10 Water Resources Division, the contractor, was assigned to replace the contractor that completed Package XL06 of constructing Hieu Binh, Lo Queo and Tram Bau bridges under the above project. Talking to the Bidding Newspaper reporter on the progress of the remaining item of the XL07 Package, Mr. Nguyen Quang Dung, Accounting Department of Irrigation Division 10 said that Phuc Nguyen Company has completed the construction of 2 bridges. Van Sau Company is building a bridge. The contractors implementation progress is behind schedule, being punished twice by the Irrigation Committee for being behind schedule. The bid solicitor has requested the Contractor to complete the deadline for the contract by October 31, 2019. Van Sau Company is located at Long Hoa A Hamlet, Ð?o Thành Commune, TP. My Tho, Tien Giang province. In December 2017, Van Sau Company was announced to be awarded the Bidding Package by Chau Thanh District Construction Investment Project Management Unit of Cau Thanh Trieu Construction and Installation Package, Thanh Trieu Commune, Chau Thanh District, at the winning bid price of 4,485 billion dong, time to perform the contract is 270 days. However, in July 2019, Chau Thanh District Peoples Committee had to terminate the contract because the Contractor violated the execution time, no longer able to continue to perform the contract, seriously affecting the progress and effectiveness. Investment results of the Project.
Industry Administration & Marketing
Source https://baodauthau.vn/dau-thau/goi-thau-xay-dung-6-cau-tai-cac-tinh-tra-vinh-vinh-long-gap-han-voi-cac-nha-thau-thieu-nang-luc-109258.html
7.

News of the contractor selection plan for some major bidding packages on 10/9

(TDT) - On 10/9/2019, 641 national plans for contractor selection were publicized in accordance with the bidding law. In particular, the following packages are expected to deploy contractor selection ......

  • Vietnam
  • Administration & Marketing
  • 20 Sep 2019
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Description (TDT) - On 10/9/2019, 641 national plans for contractor selection were publicized in accordance with the bidding law. In particular, the following packages are expected to deploy contractor selection in the fourth quarter of 2019, the first quarter and the second quarter of 2020. Department of Transport of Hung Yen province will conduct the selection of contractor for the Package of construction of works under the Investment project on constructing Ring V road works in Hanoi capital area in Thai Binh province with Quoc Highway 38 and Hanoi - Hai Phong Expressway in Hung Yen province, with bidding package price of 28,693,244,000 VND. The Management Board of District 1 Construction Investment Project (Ho Chi Minh City) will conduct the contractor selection for the Construction and Installation Package, the construction equipment, the fire protection system of the Le Thi Preschool Construction Project. Particularly (establishment 2), 31 Nguyen Dinh Chieu, with the bid price of 13,575,121,776 VND. Department of Education and Training of Soc Trang Province will conduct contractor selection for Package 1 of Nguyen Khuyen High School, Vinh Chau Town and An Thanh 3 High School, Cu Lao Dung District, under the Education Development Program Project secondary school in Soc Trang province, with a bid price of 13,379,754,000 VND. Dong Nai Port Joint Stock Company will proceed to select contractors for the Procurement Package of 2 5 - 10 T forklifts; Procurement package of 2 RSD 45T forklift trucks, with bid packages of VND 12 billion and VND 24 billion, respectively. These two packages are under Dong Nai Port Expansion Project phase 2B (expansion of warehousing system). The total investment of the Project is 368,965,828,000 VND. The Bien Hoa Project Management Board (Dong Nai Province) will select the contractor for the Construction and Bidding Package, with a bid price of VND 40,687,906,308. This package belongs to Ngo Nhon Tinh Secondary School Project, Bien Hoa City. The total investment of the Project is VND 83,572,046,783. Ha Nam Irrigation Works Exploitation One Member Company Limited will select the contractor for Package 3 of Construction (including general items) under the Dredging and solidification project of KT10 drainage canal, KB8, KN12A, with the bid price of VND 43,350,700,000; Package 3: Construction (including general items) under the Dredging and Reinforcing project of Dinh Xa pumping station, with the bid price of VND 18,127,800,000. Song Ho Commune Peoples Committee (Thuan Thanh district, Bac Ninh province) will conduct contractor selection for Package 01 of Construction and Installation Project of Road Rehabilitation and Improvement Project in Song Ho Commune; Item: section from Dao Tu village to the North Canal, with the bid price of 9,073,210,000 VND.
Industry Administration & Marketing
Source https://baodauthau.vn/dau-thau/diem-tin-ke-hoach-lua-chon-nha-thau-mot-so-goi-thau-lon-ngay-109-108673.html
8.

75 flagship projects cost P2.4T, half OKd

The National Economic and Development Authority (NEDA) said the indicative total investment requirement of the Duterte administration’s 75 flagship projects is P2.4 trillion, with around half of the p ......

  • Philippines
  • Administration & Marketing
  • 28 Aug 2019
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Description The National Economic and Development Authority (NEDA) said the indicative total investment requirement of the Duterte administration’s 75 flagship projects is P2.4 trillion, with around half of the projects already given the go signal by the NEDA Board. NEDA documents showed as of July 31, 2019, 37 of the infrastructure flagship projects have been approved by the Investment Coordination Committee (ICC) and confirmed by the NEDA Board, with a total investment requirement of P1.63 trillion. NEDA said 28 projects are expected to be approved by the ICC and confirmed by the NEDA Board, while 10 projects do not require their approval. “In terms of project timelines, 21 projects are expected to be completed by 2022. The remaining 54 projects will be completed beyond 2022, but may commence implementation during the current administration,” the document showed. The agency said 52 or 69 percent of the projects worth P2.01 trillion are to be implemented through official development assistance, while 14 or 19 percent of the projects worth P238 billion through government funds. The remaining eight are to be implemented by public-private partnership, while one through purely private initiative. Of the 75 projects meanwhile, NEDA said 20 are under project development stage, while four were recently submitted to the ICC for appraisal/approval. The four projects are the Aqueduct No. 7, Pasacao-Balatan Tourism Coastal Highway, Camarines Sur Expressway Project (San Fernando-Pili section), and the Quezon-Bicol Expressway Project. NEDA said 46 are under implementation, of which two have been completed. These are the Improvement of the Remaining Sections along Pasig River from Delpan Bridge to Napindan Channel Project, which is a component of the ongoing Pasig-Marikina River Channel Improvement Project; and the Pulangi 4 Selective Dredging Phase 3. Also identified are nine projects with civil works ongoing as of July 31, and with target completion in 2022. These are the Clark Green City Government Center, Commercial Center, and Mixed-Income Housing (overall weighted physical accomplishment at 65 percent); Binondo-Intramuros Bridge (physical accomplishment at 8.65 percent); Estrella-Pantaleon Bridge (20.56 percent); Bonifacio-Global City to Ortigas Center Road Link Project, Phase I, IIA and IIB (33.79 percent); Chico River Pump Irrigation Project (57.22 percent); Malitubog-Maridagao Irrigation Project Phase II (57.46 percent), and the Clark International Airport Expansion Project-Engineering, Procurement and Construction (63 percent). The operation and maintenance for Clark International Airport will end in 2044. According to NEDA, five projects are tagged as “for review” due to pending concerns. “(This) may result in changes in the list of the 75 flagship projects,” it said. These projects were identified as the Metro Manila Bus Rapid Transit (BRT)-Phase 3, Agus 6 Unit 4 Major Rehabilitation Project, Agus 3 Hydroelectric Plant, Metro Manila BRT Line 2, and Sheridan-JP Rizal Bridge.
Industry Administration & Marketing
Source https://www.malaya.com.ph/business-news/business/75-flagship-projects-cost-p24t-half-okd
9.

75 flagship projects cost P2.4T, half OKd

NEDA documents showed as of July 31, 2019, 37 of the infrastructure flagship projects have been approved by the Investment Coordination Committee (ICC) and confirmed by the NEDA Board, with a total in ......

  • Philippines
  • Administration & Marketing
  • 28 Aug 2019
view notice less notice
Description NEDA documents showed as of July 31, 2019, 37 of the infrastructure flagship projects have been approved by the Investment Coordination Committee (ICC) and confirmed by the NEDA Board, with a total investment requirement of P1.63 trillion. NEDA said 28 projects are expected to be approved by the ICC and confirmed by the NEDA Board, while 10 projects do not require their approval. “In terms of project timelines, 21 projects are expected to be completed by 2022. The remaining 54 projects will be completed beyond 2022, but may commence implementation during the current administration,” the document showed. The agency said 52 or 69 percent of the projects worth P2.01 trillion are to be implemented through official development assistance, while 14 or 19 percent of the projects worth P238 billion through government funds. The remaining eight are to be implemented by public-private partnership, while one through purely private initiative. Of the 75 projects meanwhile, NEDA said 20 are under project development stage, while four were recently submitted to the ICC for appraisal/approval. The four projects are the Aqueduct No. 7, Pasacao-Balatan Tourism Coastal Highway, Camarines Sur Expressway Project (San Fernando-Pili section), and the Quezon-Bicol Expressway Project. NEDA said 46 are under implementation, of which two have been completed. These are the Improvement of the Remaining Sections along Pasig River from Delpan Bridge to Napindan Channel Project, which is a component of the ongoing Pasig-Marikina River Channel Improvement Project; and the Pulangi 4 Selective Dredging Phase 3. Also identified are nine projects with civil works ongoing as of July 31, and with target completion in 2022. These are the Clark Green City Government Center, Commercial Center, and Mixed-Income Housing (overall weighted physical accomplishment at 65 percent); Binondo-Intramuros Bridge (physical accomplishment at 8.65 percent); Estrella-Pantaleon Bridge (20.56 percent); Bonifacio-Global City to Ortigas Center Road Link Project, Phase I, IIA and IIB (33.79 percent); Chico River Pump Irrigation Project (57.22 percent); Malitubog-Maridagao Irrigation Project Phase II (57.46 percent), and the Clark International Airport Expansion Project-Engineering, Procurement and Construction (63 percent). The operation and maintenance for Clark International Airport will end in 2044. According to NEDA, five projects are tagged as “for review” due to pending concerns. “(This) may result in changes in the list of the 75 flagship projects,” it said. These projects were identified as the Metro Manila Bus Rapid Transit (BRT)-Phase 3, Agus 6 Unit 4 Major Rehabilitation Project, Agus 3 Hydroelectric Plant, Metro Manila BRT Line 2, and Sheridan-JP Rizal Bridge.
Industry Administration & Marketing
Source https://www.malaya.com.ph/business-news/business/75-flagship-projects-cost-p24t-half-okd
10.

75 flagship projects cost P2.4T, half OKd

NEDA documents showed as of July 31, 2019, 37 of the infrastructure flagship projects have been approved by the Investment Coordination Committee (ICC) and confirmed by the NEDA Board, with a total in ......

  • Malaysia
  • Administration & Marketing
  • 28 Aug 2019
view notice less notice
Description NEDA documents showed as of July 31, 2019, 37 of the infrastructure flagship projects have been approved by the Investment Coordination Committee (ICC) and confirmed by the NEDA Board, with a total investment requirement of P1.63 trillion. NEDA said 28 projects are expected to be approved by the ICC and confirmed by the NEDA Board, while 10 projects do not require their approval. “In terms of project timelines, 21 projects are expected to be completed by 2022. The remaining 54 projects will be completed beyond 2022, but may commence implementation during the current administration,” the document showed. The agency said 52 or 69 percent of the projects worth P2.01 trillion are to be implemented through official development assistance, while 14 or 19 percent of the projects worth P238 billion through government funds. The remaining eight are to be implemented by public-private partnership, while one through purely private initiative. Of the 75 projects meanwhile, NEDA said 20 are under project development stage, while four were recently submitted to the ICC for appraisal/approval. The four projects are the Aqueduct No. 7, Pasacao-Balatan Tourism Coastal Highway, Camarines Sur Expressway Project (San Fernando-Pili section), and the Quezon-Bicol Expressway Project. NEDA said 46 are under implementation, of which two have been completed. These are the Improvement of the Remaining Sections along Pasig River from Delpan Bridge to Napindan Channel Project, which is a component of the ongoing Pasig-Marikina River Channel Improvement Project; and the Pulangi 4 Selective Dredging Phase 3. Also identified are nine projects with civil works ongoing as of July 31, and with target completion in 2022. These are the Clark Green City Government Center, Commercial Center, and Mixed-Income Housing (overall weighted physical accomplishment at 65 percent); Binondo-Intramuros Bridge (physical accomplishment at 8.65 percent); Estrella-Pantaleon Bridge (20.56 percent); Bonifacio-Global City to Ortigas Center Road Link Project, Phase I, IIA and IIB (33.79 percent); Chico River Pump Irrigation Project (57.22 percent); Malitubog-Maridagao Irrigation Project Phase II (57.46 percent), and the Clark International Airport Expansion Project-Engineering, Procurement and Construction (63 percent). The operation and maintenance for Clark International Airport will end in 2044. According to NEDA, five projects are tagged as “for review” due to pending concerns. “(This) may result in changes in the list of the 75 flagship projects,” it said. These projects were identified as the Metro Manila Bus Rapid Transit (BRT)-Phase 3, Agus 6 Unit 4 Major Rehabilitation Project, Agus 3 Hydroelectric Plant, Metro Manila BRT Line 2, and Sheridan-JP Rizal Bridge.
Industry Administration & Marketing
Source https://www.malaya.com.ph/business-news/business/75-flagship-projects-cost-p24t-half-okd

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