AC Infrastructure Holdings Corporation, a subsidiary of conglomerate Ayala Corporation, is looking to bid for in an expressway project in northern Luzon that the government may finally offer under its private-public partnership (PPP) program.
In an interview, AC Infra President Rene Almendras said the company has been informed by the Department of Public Works and Highways (DPWH) that it is preparing for the bidding of the project.
“The DPWH said they are tendering a project under the PPP. The DPWH said they have an expressway project under the PPP. So they told me to get ready. More or less they said it’s an expressway up north,” said Almendras.
Meanwhile, AC Infra is also waiting for the Department of Transportation to give the green light for the bidding on the extension of the LRT 2 track all the way to the Manila port area.
So far, AC Infra’s portfolio of projects is composed of the 4-kilometer, four lane, MCX tollway in Muntinlupa; the 35-year concession to operate the LRT 1 that runs between Roosevelt in Quezon City and Baclaran in Parañaque; and the contactless payment system used in Metro Manila’s light rail transport system – LRT 1, LRT 2, and MRT 3.
AC Infra is also preparing for a new unsolicited project proposal to be made within the year as the company sees opportunity to provide “service, convenience for people.”
“Our mandate is to solve problems. So when we see a problem, we will try to solve it,” said Almendras as he noted the company already has a number of unsolicited proposals with the government.
Almendras said AC Infra is also looking at soft-infrastructure opportunities in the country.
Socio-economic Planning Secretary Ernesto Pernia said recently that the Duterte administration has already approved a total of 28 projects worth P658 billion, since it assumed office in July last year.
“These include 22 new projects and 6 projects originally approved by the previous administration with changes,” he said.
“The remaining 6 projects were originally approved under the previous administration but were resubmitted for NEDA Board confirmation due to project changes. The total additional amount required from previously approved projects with change in project cost amounts to P1.36 billion,” Pernia added.
In an interview, AC Infra President Rene Almendras said the company has been informed by the Department of Public Works and Highways (DPWH) that it is preparing for the bidding of the project.
“The DPWH said they are tendering a project under the PPP. The DPWH said they have an expressway project under the PPP. So they told me to get ready. More or less they said it’s an expressway up north,” said Almendras.
Meanwhile, AC Infra is also waiting for the Department of Transportation to give the green light for the bidding on the extension of the LRT 2 track all the way to the Manila port area.
So far, AC Infra’s portfolio of projects is composed of the 4-kilometer, four lane, MCX tollway in Muntinlupa; the 35-year concession to operate the LRT 1 that runs between Roosevelt in Quezon City and Baclaran in Parañaque; and the contactless payment system used in Metro Manila’s light rail transport system – LRT 1, LRT 2, and MRT 3.
AC Infra is also preparing for a new unsolicited project proposal to be made within the year as the company sees opportunity to provide “service, convenience for people.”
“Our mandate is to solve problems. So when we see a problem, we will try to solve it,” said Almendras as he noted the company already has a number of unsolicited proposals with the government.
Almendras said AC Infra is also looking at soft-infrastructure opportunities in the country.
Socio-economic Planning Secretary Ernesto Pernia said recently that the Duterte administration has already approved a total of 28 projects worth P658 billion, since it assumed office in July last year.
“These include 22 new projects and 6 projects originally approved by the previous administration with changes,” he said.
“The remaining 6 projects were originally approved under the previous administration but were resubmitted for NEDA Board confirmation due to project changes. The total additional amount required from previously approved projects with change in project cost amounts to P1.36 billion,” Pernia added.
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