DOTC/CPA – Cebu Port Redevelopment: Container and Multi-purpose Terminal – Cebu Province - Project Profile
"DOTC/CPA – Cebu Port Redevelopment: Container and Multi-purpose Terminal – Cebu Province - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
The "DOTC/CPA – Cebu Port Redevelopment: Container and Multi-purpose Terminal – Cebu Province - Project Profile" is part of Timetric's database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.
The Department of Transportation and Communications (DOTC) in partnership with Cebu Port Authority (CPA) is planning to undertake the Cebu port redevelopment: container and multi-purpose terminal in Barangay Tayud, Consolacion Town, Cebu, the Philippines.
The project involves the expansion of port facilities on reclaimed 25ha of land, which is set to have a capacity of 500,000TEU.
It includes the construction of new container terminal, a multi-purpose terminal, container berths, quay walls, container space, toll station, an administrative facility and other related facilities, and the installation of safety and security systems.
The project is planned to be implemented under Public Private Partnership (PPP) mode.
The feasibility study of the project was evaluated by JICA (Japan International Cooperation Agency) and Idesco Oy.
Oriental Consultants Co Ltd has been appointed as environmental consultant for the project.
On June 21, 2016, the Davao City signed a joint venture agreement (JVA) with Mega Harbour Port and Development Inc to develop the project.
In October 2016, the memorandum of understanding (MOU) was signed between Mega Harbour Port and Development, Inc and CCCC Dredging Co. a subsidiary of China Communications Construction Co. (CCCC) for the development of the project.
On September 1, 2016, the inter-agency Investment Coordination Committee-Technical Board (ICC-TB) has given approvals for the project and ICC-Cabinet Committee (ICC-CC) given approvals on Sept. 28, 2016.
On November 14, 2016, the project secured approvals from the National Economic and Development Authority (NEDA).
In December 2016, Department of Finance announced the financing of the project through Korea's Economic Development Cooperation Fund under official development assistance (ODA).
In July 2017, Korea Eximbank (KEXIM) has approved a financing package for the project. The construction activities are expected to commence in July 2018 and scheduled for completion by July 2021.
The project involves the redevelopment of port facilities on 25ha land which is set to have a capacity of 500,000TEU in Cebu, the Philippines.
The US$178 million project includes the following:
1. Construction of a new container terminal
2. Construction of a multi-purpose terminal
3. Construction of container berths
4. Construction of quay walls, container space & toll station