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

No rival bids for San Miguel’s proposed Boracay bridge, says DPWH

by
October 19, 2025
in Stock
0
No rival bids for San Miguel’s proposed Boracay bridge, says DPWH
PHILIPPINE STAR/WALTER BOLLOZOS

By Ashley Erika O. Jose, Reporter

SAN MIGUEL Holdings Corp. (SMHC), the infrastructure arm of San Miguel Corp. (SMC), is poised to secure the P8.01-billion contract for the Boracay bridge project after no competing bids were submitted, according to the Department of Public Works and Highways (DPWH).

“No other proposals came in by the deadline,” the DPWH communications team said in a Viber message to BusinessWorld over the weekend, citing information from the agency’s Office of Planning and Public-Private Partnership (PPP).

SMHC was granted original proponent status for the unsolicited project, which involves the financing, design, construction, operation, and maintenance of a 2.54-kilometer bridge system — including a 1.14-kilometer limited-access bridge — that will connect Caticlan in Malay, Aklan to Boracay Island.

The proposed bridge will feature public transport access, pedestrian lanes, bikeways, and provisions for utility lines such as power, telecommunications, water supply, and sewerage, according to the PPP Center.

Under PPP rules, potential challengers were given 240 calendar days from the issuance of the comparative challenge documents on Feb. 20 to submit counterproposals, or until Oct. 18.

“If no other comparative proposal is determined to be better than that of the original proponent, the PPP contract shall be awarded to the original proponent,” the agency said in its instruction to comparative proponents.

The government and SMHC concluded negotiations for the project on July 19, 2024, while the proposal was approved on Jan. 24, in line with Republic Act No. 11966 or the PPP Code of the Philippines.

The DPWH said the bridge aims to provide all-weather and safe access between Boracay and Caticlan, improve disaster and emergency response, address solid and liquid waste management issues, and support the island’s tourism-driven economy.

Nigel Paul C. Villarete, senior adviser on PPPs at Libra Konsult, Inc., said the bridge would improve access to the island but could alter its appeal to visitors.

“Building a bridge would make it closer and easier to reach, but it would diminish the ‘island excitement’ of the place,” he said in a Viber message. “Its separation from the mainland adds a sense of elegance and exclusivity.”

Separately, SMC is modernizing the Godofredo P. Ramos Airport in Caticlan through its unit Trans Aire Development Holdings Corp. Megawide Construction Corp. has been tapped to design and build the new passenger terminal building under the ongoing airport expansion.

Previous Post

OnlyFounders launches ‘Founder for a Day’ model for startup incubation

Next Post

It’s beginning to look a lot like Christmas: Rustan’s unveils holiday windows

Next Post
It’s beginning to look a lot like Christmas: Rustan’s unveils holiday windows

It’s beginning to look a lot like Christmas: Rustan’s unveils holiday windows

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

    Yulo set to match Paris golden double at World Championships

    Yulo set to match Paris golden double at World Championships

    October 20, 2025
    Alex Eala jumps to new career-best No. 53 in Women’s Tennis Assn.

    Alex Eala jumps to new career-best No. 53 in Women’s Tennis Assn.

    October 20, 2025
    Meralco Bolts shift focus to East Asia Super League

    Meralco Bolts shift focus to East Asia Super League

    October 20, 2025
    Carpio secures Philippines first medal at Asian Youth Games

    Carpio secures Philippines first medal at Asian Youth Games

    October 20, 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.