Philippines DoTr selects solicited proposal for EDSA Busway project over Megawide's unsolicited one, initiating a public bidding process under PPP law.
The Philippines DoTr has selected a solicited proposal for the EDSA Busway project over Megawide Construction Corp.'s unsolicited one. The project includes financing, design, construction, low-carbon bus procurement, route planning, and operations & maintenance. A solicited public bidding process will be followed, reducing approval time to less than a year under the PPP law. The government plans to issue a market sounding activity to engage private partners and gather feedback.
June 09, 2024
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