Spanish, French and Singapore firms compete for wharf project in Davao

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Spanish – French and Singapore Firms Compete for Sasa Wharf Project in Davao City – www.philippineslifestyle.com

DAVAO CITY, Philippines – A controversial wharf project in Davao City has caught the attention and bidding of several foreign countries.

The estimated 19-billion peso project at Sasa Wharf  has gained the attention of French, Spanish and Singaporean countries in a bidding war that is sure to gain steam in the coming months.

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As of press time the following companies have submitted their interest in taking over the modernization project of the Sasa Wharf in Davao City:

Bollore S.A. – France

Obrascon Huarte Lain S.A. – Spain

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Portek International Pte. – Singapore

Also in the bidding are two local companies including San Miguel Corp. and Dole-Stanfilco the leading exporter of Cavendish bananas in the Philippines.

All companies are required to submit their credentials by June 30th, 2015 – the winning bidder will be notified sometime in December of this year, although that allotted time frame is not guaranteed.

The winning bidder will finance and construct a new apron, liner quay, a new container yard, expansion of the back-up area, warehouses throughout the wharf as well as the installation of a new port equipment, including ship-to-shore cranes and gantry over the 30-year contract period.

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