DATEM, Inc., one of the country’s leading construction companies, has engaged CFP to be its transaction advisor for Phase 1 of the Department of Education’s PPP for School Infrastructure Project. With a transaction value of around USD400 million, Phase 1 aims to provide at least 9,300 classrooms in Regions I, III and IV-A under a 10-year Build-Lease-Transfer arrangement. The DepEd has prequalified DATEM, in joint venture with D.M. Wenceslao & Associates, Inc., for the Contract Package C, which involves the financing, design, construction, lease, and maintenance of 4,279 classrooms in Region IV-A.
DATEM appoints CFP as lead advisor for DepEd PPP for School Infrastructure Project
February 27, 2012
