Philippines: 30 investors interested in North-South railway project

08-filipineAround 30 companies were at the pre-qualification conference for the South Line of the North-South Railway Project (NSRP).
Among these were international companies such as Mitsui Group Corporation, Obrascón Huarte Laín, S.A. (OHL), Rainbow Holdings, Incorporated,  RATPDev Transdev Asia, Macquarie Group Limited,  Marubeni Corporation, Acciona Australia, Aecom Technology Corporation, ArcelorMittal S.A., Bouygues Travaux Publics Philippines, Incorporated, Bureau Veritas S.A., General Electric, Isolux Corsan S.A., Leighton Contractors Proprietary Limited and     Daewoo Group.
Interested investors also include the Philippines’ biggest listed firms: Aboitiz Equity Ventures, Incorporated; San Miguel Holdings Corporation; Metro Pacific Investments Corporation; and Ayala Corporation’s AC Infrastructure Holdings, Incorporated.
Under the project’s terms, the winning bidder will take charge of designing, constructing, financing, operating, and maintaining the 56-kilometer Commuter Rail service and the 478-kilometer Long-Haul Rail service.
A two-stage bidding process will be adopted for the railway deal. The pre-qualification will take place in the fourth quarter of 2015. The opening of bids is scheduled for January 2016, while the awarding is set in March 2016. The value of the public-private partnership project is P170.7-billion ($3.78-billion).


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