Business

Gov’t Bidding Out PhP17B Port Project

The Government is seeking bidders for the PhP17-billion Davao Sasa Port project in Southern Philippines in a deal that aims to modernize the seaport into an international-standard facility, the Department of Transportation and Communications (DOTC) said in a published invitation.

The project, which is expected to draw large port operators in the country and possibly overseas, is the first seaport public private partnership deal being rolled out under the administration of President Benigno Aquino III.

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Source: Philippine Daily Inquirer

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