5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
No Result
View All Result
Home Stock

DoTr to issue NSCR bid soon amid interest from 28 Japanese firms

by
September 11, 2025
in Stock
0
DoTr to issue NSCR bid soon amid interest from 28 Japanese firms
A train is seen at the construction site of the Malanday Depot and station in Valenzuela City. — PHILIPPINE STAR/MIGUEL DE GUZMAN

THE PHILIPPINES is doubling its efforts to find the operator for the North-South Commuter Railway (NSCR), the Department of Transportation (DoTr) said, as it hopes to issue bidding documents later this month or early October.

This came after the DoTr concluded the final leg of its roadshow for the NSCR project which gained the interest of foreign companies, mainly from Japan.

“We’re very happy to see the attendance in this fourth leg for our O&M (operations and maintenance) roadshow. It only goes to show that we are in the right direction in terms of structuring and developing this O&M concession,” Transportation Undersecretary Timothy John R. Batan said in a statement on Thursday.

He said there was a high turnout of participants during the final leg of the NSCR market sounding event in Japan.

Mr. Batan said around 28 Japanese companies including Mitsubishi Corp., Hitachi Ltd., Tokyo Metro, Sumitomo Corp.; and Alstom Japan have signified their interest in the O&M for NSCR.

The DoTr has been ramping up its roadshows to promote the P229.32-billion O&M contract for the NSCR project. It had conducted similar events in Singapore and Paris, France.

The agency will now consolidate comments from roadshow participants which will be included in the bidding document and concession agreement to be issued within this month or next month, Mr. Batan said.

Asian Development Bank (ADB) Director for Office of Markets Development and Public-Private Partnership (PPP) Siddhartha Bhaskar Shah said the ADB and the DoTr expect to award the concession by March or April 2026.

“The immediate next step to look forward to is the launching of the bid documents which we intend to do by the end of this month and will kick off the formal bidding process which will continue over the next six months with the idea that the bid will be awarded sometime in the March-April time frame,” he said.

The ADB is the technical advisory services provider of the DoTr for the NSCR project.

“We will reflect those in our bidding documents, our concession agreement, so by the end of September of the first week of October we will be able to officially launch and publish the tender for this O&M concession,” Mr. Batan said.

Nigel Paul C. Villarete, a senior adviser on public-private partnerships at the technical advisory group Libra Konsult, Inc., said public-private partnerships for O&M projects are more attractive compared to build-operate-transfer (BOT) types of projects.

“I am not particularly sure if roadshows can help a lot, but these are more advertising efforts. Even without those (roadshows), we’ll get the full array of prospective PPP operators from all over,” Mr. Villarete said in a Viber message.

“The more important thing is that the agency properly drafts the proposed PPP contracts that strikes a balance between sufficient protection for the country’s economic interests and high expected returns to draw the interests of private sector capital,” he added.

The 147-kilometer NSCR will connect Malolos, Bulacan with Clark International Airport, and Tutuban, Manila with Calamba, Laguna. The P873-billion project is co-financed by the Japan International Cooperation Agency (JICA) and the Asian Development Bank. It will have 35 stations and three depots.

According to the DoTr, the NSCR can partially operate its Valenzuela to Malolos line by 2027; while the Malolos to Clark segment can start operations by 2028. — Ashley Erika O. Jose

Previous Post

ERC OKs original higher rates for Meralco supply contracts with SMGP and ACEN

Next Post

PHL banks’ loans to MSMEs still below quota

Next Post
PHL banks’ loans to MSMEs still below quota

PHL banks’ loans to MSMEs still below quota

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.







    Fill Out & Get More Relevant News





    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.
    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recommended

    The Speed Paradox: Athalie Williams on Why Slower Change Often Fails

    The Speed Paradox: Athalie Williams on Why Slower Change Often Fails

    September 11, 2025
    Marcos’ anti-graft push to test political alliances

    Marcos’ anti-graft push to test political alliances

    September 11, 2025
    ODA partners may keep close eye on how PHL addresses corruption

    ODA partners may keep close eye on how PHL addresses corruption

    September 11, 2025
    PHL banks’ loans to MSMEs still below quota

    PHL banks’ loans to MSMEs still below quota

    September 11, 2025

    Disclaimer: 5GInvestmentNews.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 5GInvestmentNews. All Rights Reserved.

    No Result
    View All Result
    • Home
    • Privacy Policy
    • suspicious engagement
    • Terms & Conditions
    • Thank you

    © 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.