Sta. Ana Wharf Development Project to Proceed Under Swiss Challenge
Development of Davao City’s Sta. Ana Wharf will proceed with the decision to put the mix-use port up for Swiss challenge.
Ivan C. Cortez, head of Davao City Investment Promotion Center, said members of the city’s public-private partnership (PPP) board met with Mega Harbour representatives before deciding to put the project under Swiss challenge scheme, a mechanism in which allows the proponent of the project to match the price of highest bidder to win the contract.
“The project is proceeding,” Cortez said after the city’s bids and awards committee finalizes the terms of the project.
Sta. Ana Wharf development involves reclamation of a 200-hectare area, construction modern cargo and passenger port, a commercial and residential complex and a city government complex which covers around 30% of the entire project area, and a new coastal road which links the city’s center to the South.
Mega Harbour has contracted Berkman International, Inc. for the Environmental Impact Study of the project.
Sasa Port modernization project has already been put up for bidding by the Department of Transportation and Communications with a price of P18.99 billion under the national PPP program.