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2008 December 9   06:50

Subic Bay Authority opens container terminal for bidding

The second phase of Subic’s New Container Terminal (NCT-2), a multimillion-dollar project completed early this year in a bid to strengthen Subic’s capacity as a globally competitive maritime service and logistics port, is now open for bidding. Armand Arreza, administrator of the Subic Bay Metropolitan Authority (SBMA), said on Monday that the agency is now looking for an experienced operator to manage and operate NCT-2, which has a cargo-handling capacity of 3,000 twenty-foot equivalent units (TEUs).
Bid documents will be available starting December 9 at the SBMA Project Management Office at Building 29, Waterfront Road Extension, Subic Bay Freeport, said Arreza, who is also chairman of the Special Bids and Awards Committee (SBAC) for Port Commercialization.
The documents could be obtained upon payment of a nonrefundable amount of P100,000, or $2,500. Completed bid documents, meanwhile, may be submitted on or before 5 p.m. of January 22, 2009, at the same office.
Arreza said the NCT-2 will be bid out as a transshipment hub for shipping lines.
“What we’re basically looking for is a shipping line or a port operator who has the capacity to manage and maintain the NCT-2,” he said.
“The NCT-2, like the NCT-1 which is the first phase of the terminal project, is considered a critical infrastructure for the Port of Subic, so we’d like to maximize its potential to make Subic a world-class player in the logistics business,” he added.
NCT-2 is at Subic’s Cubi Point, alongside NCT-1 that now operates under Subic Bay International Terminal Corp. (SBITC).
The two terminals were built under the $215-million Subic Port Modernization Project, which started in 2004. The project also sought to rehabilitate several US Navy-era piers here to position the free port as a world-class maritime hub.
NCT-2 has 14 hectares of newly constructed container yard, a 280-meter long newly constructed wharf, two units of 53-ton quay gantry cranes, as well as buildings, equipment and utilities within the area.
Bidders for NCT-2 should be an operator of an international container shipping line, or a consortium of operators of international shipping lines, Arreza said.
Bidders should also be currently operating an international container port terminal that handles at least 2 million TEUs per year, or has an operating capacity of 100,000 TEUs. Numbers could be combined by separate capacities in case of a bidding consortium.
Further, a bidders should have a net worth of at least $50 million, which could also be a combined net worth among consortium members.
The requirements apply to local and foreign bidders, with foreign equity within the 40-percent mandated limit.

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