CFP is advising the MTD-Samsung consortium in the bidding for the Manila LRT Line 1 South Extension Project—the country’s biggest PPP transaction currently being offered to potential investors. Valued at about USD1.4 billion, the Project will extend the existing LRT Line 1 system by almost 12 kilometers southward to Cavite Province and will hand over the operation and maintenance of the integrated line to the winning bidder. CFP played a key role in the successful formation of the MTD-Samsung consortium which comprises MTD Capital Bhd (Malaysia), Samsung C&T Corporation (Korea), Primewater Infrastructure Corp. (Philippines), Union Equities, Inc. (Philippines) and D.M. Wenceslao & Associates (Philippines). Also joining the consortium are Seoul Metro (Korea) as the group’s O&M Contractor and Hyundai Rotem (Korea) as Rail System Contractor.
CFP Advises Lone Foreign-led Consortium for Manila LRT 1 South
October 19, 2011
