ABOITIZ Equity Ventures (AEV) remains keen about joining other big-ticket public-private partnership (PPP) projects of the government despite the delay in the Cavite-Laguna Expressway (Calax) project of the Department of Public Works and Highways (DPWH) that it hopes to build.
“I’m a big believer because compared to other countries, we really have probably the most successful PPP program today,” Roman Azanza 3rd, first vice president for business development of AEV, told reporters on Thursday.
Azanza added: “We remain optimistic that the process would be respected and that the government would for on the greater benefit of the country, which is really to promote transparency and hopefully the success of all PPP programs.”
Asked if they are initiating any action to fast-track the government’s decision, Azanza said: “Well, this is all public information. When Optimal filed an appeal with the Office of the President, it was a discussion between them. We made the motion. We formally manifested that, and we submitted our comments. So that is as far as we have taken it, at least to let them know the arguments of affected parties. It’s the least we can do. But we have to respect the process at this point.”
In June, four pre-qualified bidders for the Calax project submitted their respective technical proposals for the 44.6-kilometer road project south of Metro Manila.
The toll road project is part of the national government’s PPP program. The project starts from the Cavite Expressway in Kawit, Cavite and ends at the Mamplasan interchange of the South Luzon Expressway in Binan, Laguna.
Private investors will finance, design, construct, operate and maintain the expressway project, which calls for an estimated investment of P35.42 billion.
Four pre-qualified bidders — MPCALA Holdings Inc, which is led by Metro Pacific Tollways Development Corp. (MPTDC); MTD Capital Bhd.; Optimal Infrastructure Development Corp. of San Miguel Corp. and Team Orion of the Ayala Corp.; and Aboitiz Land Inc.— submitted their proposals or technical bid documents for the road project.
Joining forces under Team Orion, AEV’s land development arm Aboitiz Land and Ayala Corp. submitted the highest bid for the project. Team Orion is currently awaiting the notice of award from DPWH.
Meanwhile, AEV has received a notice of award for a bulk water supply contract in Davao, as it continues to look for more such in other parts of the country.
AEV remains interested in bidding for more PPP projects even after recently bagging two major contracts from the government because it considers infrastructure development a focal point in growing its business.
Earlier, the company said that participating in more PPP project