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Thursday, August 02, 2007

 

MPIC-Harbour Centre qualified 
for second North Harbor bidding—PPA


THE Philippine Ports Authority (PPA) said the lone bidder for the North Harbor contract would still be qualified to take part in a second round, after the first auction failed due to the absence of challengers.

Oscar M. Sevilla, PPA general manager, told The Manila Times that the partnership between Metro Pacific Investment Corp. (MPIC) and Harbour Centre Port Terminals Inc. has been prequalified by the agency’s special bids and awards committee, and so would be allowed to take part in a second bidding.

MPIC, the local unit of Hong Kong-based First Pacific Co. Ltd., would own 35 percent of the joint venture company, while Regis Romero-owned Harbour Center controls the remaining 65 percent.

“They [MPIC and Harbour Centre] are already prequalified and considered as potential bidder for the North Harbor privatization project. But, we still need more bidders to have lower tariff rates,” Sevilla said.

He said Asian Terminals Inc. (ATI), which failed to qualify, can still submit its requirements upon release of the new schedule.

ATI was disqualified because of its failure to submit a waiver document. The port operator instead gave a special power of attorney that allows its chief executive to execute such a waiver.

During the prequalification bid, the National Marine Corp., owned by the Magsaysay group informed PPA through a letter that it will no longer pursue the North Harbor project.

Pier 8 Arrastre and Steve-doring Services, Inc., failed to submit required documents on time, while Prudential Brokerage was disqualified for submitting only one set of original documents as against the required set of seven.

The winning bidder will operate the port for the next 25 years with provisions for renewal in order to provide it with reasonable time to recover its investments.

The North Harbor’s Terminal 1 will service roll-on, roll-off container and passenger vessels; its Terminal 2 will service container and passenger vessel. Terminal 3 will be allotted to conventional, noncontainerized, bulk or break-bulk vessels and passenger vessels.

The PPA scheduled the opening of bids on October 18.
--Darwin G. Amojelar

  
 

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Severino O. Frayna Jr., Benjie Dela Rosa
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