₱9.83 Billion down payment; Philippines expects delivery of Korean fighter jets in June 2015

GIVING FORCE TO PHILIPPINE AIR This is the kind of fighter jet—called the FA-50—the Philippines hopes to acquire from South Korea following President Aquino's two-day visit to Seoul. This combat aircraft can carry an array of weaponry, such as air-to-air and air-to-surface missiles, and precision-guided bombers, and is equipped with a night vision imaging system. Photo from www.koreaareo.com

 

Philippines Defense Minister Voltaire Gazmin on Saturday said the government expected the first of the 12 Korean FA-50 lead in fighter jets to be delivered in June 2015.

 

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Gazmin made this statement after the defense department recommended that President Benigno Aquino III allow the payment of the 52-percent down payment for the ₱18.9-billion fighter jets.

 

"We recommended the approval of the DP (down payment) and progress billing," he said.

 

Earlier, Defense Undersecretary Fernando Manalo said state agencies were only allowed by law to pay a 15-percent down payment, with the rest to be paid upon the delivery of the goods.

 

Anything higher than that would require the approval of the Chief Executive, Manalo said.

 

The Philippine government's orders for the jets, manufactured by the government-owned Korean Aerospace Industries Inc., were among the highlights of President Aquino's recent state visit to South Korea.

 

The acquisition of the FA-50s would boost the capability of the Philippine Air Force (PAF) for the country's territorial defense.

 

The PAF decommissioned its F-5s, the last of the Air Force's fighter jets, in 2005 after the government focused on internal security operations and poured most of the military's resources on ground troops from the Philippine Army.

 

But the Armed Forces of the Philippines found itself having to shift to external defense as China became more aggressive in claiming territories under its so-called nine-dash-line map that includes a number of islands and shoals within the Philippines' territory.

 

Stepping up the military's modernization efforts, the Aquino administration purchased two warships, which are decommissioned US Coast Guard high-endurance cutters, for the Philippine Navy. – Depensa.org

 

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Philippines Bidding starts for ₱7.7-Billion transport terminal project South Manila

NEW TERMINAL. The Transportation department invites bidders for the P2.5 billion Southwest Terminal Project. Photo from Photo from Shutterstock.

Philippines Government has allocated ₱2.5 billion for the construction of a 2.9-hectare structure that will replace the interim terminal of provincial buses along the Manila-Cavite Expressway.

 

The Department of Transportation and Communications (DoTC) has just commenced bidding for the construction of the Integrated Transport System (ITS) Project – Southwest Terminal in the Philippine Reclamation Authority (PRA) property in Paranaque City. This is part of the ₱7.7-billion ITS project that the National Economic Development Authority (NEDA) Board has approved in November.

 

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Part of the three-terminal ITS system, the Southwest terminal is envisioned to connect commuters from Cavite and Batangas to urban transportation systems such as the Light Rail Transit (LRT) line 1, city buses, taxis and other public utility vehicles plying routes in Metro Manila.

 

According to the DoTC Bids and Awards Committee (BAC), the project covers the financing, design and construction of passenger terminal building, arrival and departure bays, public information system, ticketing and baggage handling facilities and park-ride facilities. The winning contractor will also operate and maintain the terminal for a period of 35 years.

 

The project will be implemented using a Build-Transfer-Operate arrangement and will be bided out through public-private partnership (PPP).

 

Interested bidders can avail of the bid documents worth ₱150,000 starting January 10. Only bidders who availed of the bid documents can participate in the pre-bid conference on February 10.

 

To qualify to bid for the project, the DOTC BAC said bidders should comply with legal, technical and financial capability requirements. The deadline for submission and opening of bid documents is May 15, 2014.

 

Aside from the terminal in Paranaque City, government will bid out projects to construct centralized bus terminals within the Food Terminal Inc. complex in Taguig City and in a soon-to-be-determined area in Quezon City.

 

The ITS is an offshoot of President Aquino's Executive Order 67, signed in February 21, 2012. The President has instructed the DoTC to head the agencies that will put up central bus terminals in the north, south and southwest of Metro Manila for provincial buses.

 

The operation of ITS terminals is seen as a significant move to decongest Epifanio delos Santos Avenue (EDSA).

 

The winning bidder will finance, design, construct, operate and maintain the project for a period of 35 years. – With report from Tempo and Rappler.com

 

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