Elimared Construction and Trading, Inc. and MRBII Construction Corp. have won the bidding for Phase 1 of the Puerto Princesa Port Expansion Project, valued at ₱597 million, conducted by the Philippine Ports Authority (PPA).
Upon receiving the notice to proceed, the two companies will execute the project within 660 calendar days as a joint venture, according to PPA documents.
Out of 12 participating bidders, the joint venture of Elimared and MRBII submitted the lowest bid, securing their selection as the winning contractors.
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In May, PPA issued an invitation to bid for Phase 1 of the Puerto Princesa Port Expansion Project, with a budget earmarked at approximately ₱599 million. — Celeste Anna Formoso
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