Economy


PPA invites bidders for P363M in port improvements




Posted on April 01, 2016


THE PHILIPPINE Ports Authority (PPA) said it issued invitations for P363 million worth of port expansion and building projects.

The projects include an operations building at the Port of Nasipit in Agusan del Norte worth P53.32 million; a back-up area, wharf extension, and lighting system for the Port of Casiguran, Aurora, valued at P66.30 million; and a back-up area and ramp at the Port of Catagbacan in Loon, Bohol, with a budget of P243.67 million.

The proposed operations building has a floor area of 1,956.35 square meters (sqm) at Nasipit, the largest port in Agusan del Norte and a secondary shipping hub for Cagayan de Oro at times of congestion.

The latest gross regional domestic product data for Caraga Region, where Agusan del Norte is located, show an average of 7.97%, compared to the average national rate of 6.62%.

Meanwhile, the Casiguran back-up area measures 1,260.54 sqm and the wharf expansion is 540 sqm.

The back-up area at the Catagbacan expansion will be 3,413.97 sqm.

The bidding documents for each project cost P50,000. Applicants are restricted to companies with 75% Filipino ownership.

The pre-bid conference for the three projects is April 12. Bids must be submitted and will opened on April 26 for Casiguran and Catagbacan ports, and April 27 for Nasipit port. -- James Glenn M. Gomez