PPP: Laguna Lakeshore project to be awarded in August

The Department of Public Works and Highways (DPWH) is scheduled to award the Laguna Lakeshore Expressway Dike Project in August.

Estimated to cost P122.811 billion, the project is seen to provide a “high standard highway cum dike” that will facilitate traffic flow and mitigate flooding in the western coastal communities along Laguna Lake, from Bicutan and Taguig through Calamba to Los Baños in Laguna.

A 47-kilometer expressway dike from Taguig to Los Baños and a 700-hectare reclamation in Taguig-Muntinlupa are the two components of the project.

Bidders are required to submit bid proposals on July 6.

The three qualified bidders for the project are Trident Infrastructure and Development Corp. or Team Trident, composed of Aboitiz Equity Ventures, Inc., Ayala Land, Inc., Megaworld Corp. and SM Prime Holdings, Inc.; San Miguel Holdings Corp.; and Alloy Pavi Hanshin LLEDP Consortium, composed of Alloy MTD Capital BHD, Prime Asset Ventures, Inc. and Hanshin Engineering & Construction Company Ltd.

Rainbow Consortium also submitted prequalification documents but was disqualified “because of deficient and non-compliance of some prequalification documents,” said Mr. Yabut.
“The expressway is intended to relieve the heavily-traveled Bicutan-Calamba corridor,” according to the DPWH website.

Once completed, the project is expected to provide an alternate route to the congested national highway from Calamba to Los Baños in Laguna. It will also be used to integrate a flood control system to protect the flood-prone areas located along the shore land of Laguna Lake.