Investors confidence to work with the DOTC AFCS project

Last April 12, there are nine consortiums from major local and foreign conglomerates, banks, and IT companies submitted documents to the Department of Transportation and Communications (DOTC) and the Light Rail Transit Authority (LRTA)  in an effort to qualify as bidders for the P 1.72-Billion Contactless Automatic Fare Collection System (AFCS) Public-Private Partnership Project. 

“We are very pleased with the investor turnout for the AFCS Project. Serious players from the transportation, IT, banking, and retail industries – both local and foreign – all came out to seek pre-qualification to participate in the bidding of the project,” the Transport Department said.

No doubt that the agency is well respected amongst investors, especially who are in the project.

“The fact that these major groups want to be the our private sector partner for the AFCS Project only goes to show their trust and confidence in the Department, and in our open, fair, and transparent bidding process,” added the DOTC.

Here are the nine consortiums which submitted their qualification documents are:

· AF Consortium, composed of BPI Card Finance Corporation, Metro Pacific Investments Corporation, Smart Communications, Inc., Globe Telecom, Inc., AC Infrastructure Holdings Corp., and NTT Data Corporation.

AF Consortium will also rely on the required experience of Bank of the Philippine Islands, Octopus Transactions Ltd., SMRT International Pte. Ltd., Cubic Transportation Systems (Australia) Pty. Ltd., Accenture, Inc., MSI Global Private Ltd., and Indra Sistemas, S.A.

· Comworks Consortium, composed of Comworks, Inc., Philippine Gaming Management Corp., Kaohsiung Rapid Transit Corp., Acer, Inc., Infochamp Systems, Corp., and Berjaya Philippines, Inc.

· E-Trans Solutions Joint Venture, Inc. Consortium, composed of Tera Investments, Inc., Eastwest Banking Corp., Sagesoft Solutions, Inc., Pilipinas Micro-Matrix Technology (PMT Joint Venture), Inc., and Pulsar Avancer Technologie, Inc.

E-Trans Consortium will also rely on the required experience of Kentkart EGE Elektronik San. Ve Tic. A.S., Kentkart Marmara Elektronik Turizm San. Ve Tic. A.S., Kentkart Cukurova Elektronik San. Ve Tic. A.S., and JTKC Equities, Inc.

· Lamco Consortium, composed of Lamco Paper Products Co., Inc., New San Jose Builders, Inc., Landbank of the Philippines, and NEC Philippines, Inc.

Lamco Consortium will also rely on the required experience of Busan Transport Corp. and Samwon FA Co., Ltd.

· Mega Lucky United Consortium, composed of Asia United Bank Corporation, Dignitas Equity, Mega Cellular Network, Inc., and Gravitas 777.

Mega Lucky Consortium will also rely on the required experience of Korea Smart Card Corp. and LG CNS Co. Ltd.

· Megawide-Suyen-Eurolink Consortium, composed of Megawide Construction Corp., Suyen Corp., and Eurolink Network International Corp.

Megawide-Suyen-Eurolink Consortium will also rely on the required experience of EZ-Link Pte. Ltd. and China National Software and Service Co., Ltd.

· MTD-PRLM Consortium, composed of MTD Capital BHD and Puregold Realty Leasing and Management, Inc.

MTD-PRLM Consortium will also rely on the required experience of Puregold Price Club, Inc., Maybank Philippines, Inc., and Transit Link Pte. Ltd.

· San Miguel Transport Solutions Consortium, composed of Optimal Infrastructure Development, Inc., Catchweight Holdings, Inc., Deltacrest Holdings, Inc., and Allcard Plastics Philippines, Inc.

San Miguel Consortium will also rely on the required experience of Petron Corp., Philippine National Bank, Singapore Technologies Electronics, Ltd., Korea Railroad Corp., Korail Networks Co., Ltd., Vix Technology (East Asia), Ltd., and San Miguel Corporation.

· SM Consortium, composed of SM Investments Corp., BDO Capital and Investment Corp., Advanced Card Systems, Ltd., and Pentacapital Investment Corp.

SM Consortium will also rely on the required experience of SM Retail, Inc., BDO Unibank, Inc., and Goldsign Data Company, Ltd.

The joint DOTC-LRTA Pre-Qualification, Bids, and Awards Committee (PBAC) has a maximum of twenty-five (25) days from April 12 to evaluate the qualification documents submitted by the 9 consortiums, and to announce the shortlisted groups. Actual bidding is scheduled to take place in the third quarter of this year.

by Eccentric Yet Happy