DOCSLIB.ORG

Part Ii. the Naia Expressway Project

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Part Ii. the Naia Expressway Project Republic of the Philippines DEPARTMENT OF PUBLIC WORKS AND HIGHWAYS NAIA EXPRESSWAY PROJECT Information Memorandum June 2012 Transaction Advisors Technical Advisor With Assistance From DPWH – NAIA Expressway Project: Information Memorandum June 2012 DISCLAIMER This Information Memorandum (IM) has been prepared by the Development Bank of the Philippines (DBP) and the International Finance Corporation (IFC) on behalf of their client, the Department of Public Works and Highways (DPWH), in line with their mandate as Transaction Advisors to the DPWH in the development, structuring and tendering of the NAIA Expressway Project as a Solicited Transaction under the Philippine Build-Operate-Transfer (BOT) Law (or RA 6957 as amended by RA 7718). This IM does not purport to be all-inclusive or to contain all of the information that a prospective participant may consider material or desirable in making its decision to participate in the tender. No representation or warranty, express or implied, is made, or responsibility of any kind is or will be accepted by the DBP, IFC, the DPWH, or the Republic of the Philippines (ROP) or any of its agencies or advisors, with respect to the accuracy and completeness of this information memorandum. The DPWH or the DBP/IFC may amend or replace any of the information contained in this booklet at any time, without giving any prior notice or providing any reason. In furnishing this IM, the DBP, IFC, the DPWH, or the ROP or any of its agencies undertakes no obligation to provide recipients with access to any additional information, or to update, or to correct any inaccuracies which may become apparent in this IM or any other information made available in connection with the Project. Additional information shall be provided at appropriate times during the formal tender process. No person has been authorized to give any information or make any representation not contained in this IM and, if given or made, any such information or representation may not be relied upon as having been authorized by DBP, IFC, the DPWH, or the ROP or any of its agencies. THIS MEMORANDUM DOES NOT CONSTITUTE A SOLICITATION OF BIDS FOR ANY ASPECT OF THE NAIA EXPRESSWAY PROJECT. SOLICITATIONS OF BIDS AND BIDDING GUIDELINES WILL BE DISTRIBUTED SEPARATELY. Page 2 of 46 DPWH – NAIA Expressway Project: Information Memorandum June 2012 ACRONYMS BOT Build-Operate-Transfer BTO Build-Transfer-Operate CED Conceptual Engineering Design DBP Development Bank of the Philippines DED Detailed Engineering Design DENR Department of Environment and Natural Resources DOF Department of Finance DPWH Department of Public Works and Highways DTI Department of Trade and Industry EO Executive Order ICC Investment Coordination Committee IFC International Finance Corporation IRR Implementing Rules and Regulations ITB Instructions to Bidders JICA Japan International Cooperation Agency NAIA Ninoy Aquino International Airport NEDA National Economic and Development Authority PAGCOR Philippine Amusement and Gaming Corporation PPP Public-Private Partnership RA Republic Act RFP Request for Proposals ROP Republic of the Philippines ROW Right-of-Way SBAC DPWH Special Pre-Qualification, Bids and Awards Committee TCA Toll Concession Agreement TOC Toll Operation Certificate TRB Toll Regulatory Board VOT Value-of-Time UNITS Km Kilometer AADT Average annual daily traffic Page 3 of 46 DPWH – NAIA Expressway Project: Information Memorandum June 2012 CONTENTS I. Introduction ..................................................................................................................... 8 II. Project Description .......................................................................................................... 9 A. Type of Toll System ........................................................................................... 12 B. Traffic Management ........................................................................................... 13 C. Project Standards and Specifications................................................................. 13 Minimum Performance Standards and Specifications ........................................ 13 Scope of Design ................................................................................................ 14 Outputs of the Detailed Engineering Design by the Concessionaire .................. 15 D. Construction Cost .............................................................................................. 15 III. Project Implementing Agency ........................................................................................ 16 IV. Traffic Analysis .............................................................................................................. 18 V. Right-of-Way and Resettlement .................................................................................... 23 A. Right-of-Way (ROW) Acquisition ........................................................................ 23 B. Resettlement of Informal Settlers and the Resettlement Action Plan ................. 23 VI. Concession Structure .................................................................................................... 24 A. Legal Framework for Concession ...................................................................... 24 B. Project Structure ................................................................................................ 24 VII. Key Commercial Features of the Draft TCA .................................................................. 25 VIII. Procurement Process .................................................................................................... 28 A. Legal Basis of Procurement ............................................................................... 28 B. Outline of the Bidding Process ........................................................................... 28 Pre-Qualification ................................................................................................ 28 Preparation of Bid Proposals ............................................................................. 28 Pre-Bid Conference ........................................................................................... 29 Submission of Bid Proposals ............................................................................. 29 Bid Evaluation and Post Qualification ................................................................ 29 Awarding of Bidder and Issuance of Notice of Award ......................................... 30 Signing of Concession Agreement ..................................................................... 30 C. Information Available to Bidders ........................................................................ 30 IX. Investment Framework .................................................................................................. 31 A. Taxation ............................................................................................................. 31 Corporate Tax .................................................................................................... 31 Income Tax ........................................................................................................ 32 Value-Added Tax (VAT) ..................................................................................... 32 Tax Treaties ....................................................................................................... 32 Tax Incentives ................................................................................................... 34 Local Tax ........................................................................................................... 34 B. Foreign Exchange.............................................................................................. 35 C. Foreign Ownership and Management ................................................................ 35 X. Regulatory Framework .................................................................................................. 37 A. National Economic and Development Authority ................................................. 37 B. Toll Regulatory Board ........................................................................................ 37 XI. The Philippine Toll Road System................................................................................... 38 XII. Ninoy Aquino International Airport ................................................................................. 42 XIII. PAGCOR Entertainment City ........................................................................................ 45 XIV. Indicative Timetable ...................................................................................................... 46 Page 4 of 46 DPWH – NAIA Expressway Project: Information Memorandum June 2012 LIST OF TABLES Table 1: NAIA Expressway Project Description ............................................................................. 11 Table 2: Vehicle Class and Toll Rate Multiplier ............................................................................. 12 Table 4: Risk Allocation Matrix ...................................................................................................... 27 Table 5: Corporate Income Taxation ............................................................................................. 31 Table 6: Individual Taxation .......................................................................................................... 32 Table 7: Effective Philippine Tax Treaties
Load more

Recommended publications
  • BUS Bus Time Schedule & Line Route
    BUS bus time schedule & line map BUS Baclaran SM Fairview via Lagro View In Website Mode The BUS bus line (Baclaran SM Fairview via Lagro) has 2 routes. For regular weekdays, their operation hours are: (1) Maria, 9583 →Sm Public Transport Terminal, Regalado Highway, Quezon City: 12:00 AM - 11:00 PM (2) Quirino Highway / Maligaya Intersection, Caloocan City →Naia Rd, Parañaque City, Manila: 12:00 AM - 11:00 PM Use the Moovit App to ƒnd the closest BUS bus station near you and ƒnd out when is the next BUS bus arriving. Direction: Maria, 9583 →Sm Public Transport BUS bus Time Schedule Terminal, Regalado Highway, Quezon City Maria, 9583 →Sm Public Transport Terminal, 114 stops Regalado Highway, Quezon City Route Timetable: VIEW LINE SCHEDULE Sunday 12:00 AM - 10:00 PM Monday 12:00 AM - 11:00 PM Maria, 9583 Tuesday 12:00 AM - 11:00 PM Terminal 1 Arrivals Area Rd, Ninoy Aquino International Airport, Parañaque City, Manila Wednesday 12:00 AM - 11:00 PM Thursday 12:00 AM - 11:00 PM Ninoy Aquino Ave, Lungsod Ng Pasay, Manila Friday 12:00 AM - 11:00 PM Naia Rd / Imelda Ave Intersection, Parañaque City, Manila Saturday 12:00 AM - 10:00 PM Ninoy Aquino Avenue, Philippines Naia Rd, Parañaque City, Manila NAIA Road, Philippines BUS bus Info Naia Rd, Parañaque City, Manila Direction: Maria, 9583 →Sm Public Transport NAIA Expressway, Philippines Terminal, Regalado Highway, Quezon City Stops: 114 Naia Rd / Quirino Ave Intersection, Parañaque Trip Duration: 171 min City, Manila Line Summary: Maria, 9583, Terminal 1 Arrivals Area Quirino Avenue, Philippines Rd, Ninoy Aquino International Airport, Parañaque City, Manila, Ninoy Aquino Ave, Lungsod Ng Pasay, Roxas Blvd, Parañaque City, Manila Manila, Naia Rd / Imelda Ave Intersection, Coastal Jeepney Terminal Road, Philippines Parañaque City, Manila, Naia Rd, Parañaque City, Manila, Naia Rd, Parañaque City, Manila, Naia Rd / Roxas Boulevard, 161 Quirino Ave Intersection, Parañaque City, Manila, Roxas Blvd, Parañaque City, Manila, Roxas Roxas Blvd / C.
    [Show full text]
  • PPP Road Projects
    PPP Road Projects ROGELIO L. SINGSON Secretary Department of Public Works and Highways November 18, 2010 1 PRESENTATION OUTLINE Strategic Directions Expressways in Operation and Under Construction Projects for Bidding in 2011 PPP Pipeline of Projects under the Medium Term Other DPWH PPP Projects Under Development 2 STRATEGIC DIRECTIONS Upgrading the national road network in terms of quality and safety standards with focus on urban centers and strategic tourism destinations; Completion of critical bridges along national roads; Develop more Public-Private Partnership (PPP) projects for much needed infrastructure and level playing field for investments; Address private sector concerns – Transparency, RROW, regulatory risks and government support; Pursue contracts for long term maintenance period (5-10 years) in road and bridge construction; and Introduce innovative technology such as bio-engineering for road slope protection 3 EXPRESSWAYS IN OPERATION Project Name Subic-Clark-Tarlac Expressway (93.77 km) North Luzon Tollway (82.62 km) C-5 Expressway (Segment 8.1, 2.34 km) Metro Manila Skyway, Stage 1 (13.43 km At-grade & 9.30 km Viaduct) Manila-Cavite Toll Expressway (6.75 km) South Luzon Tollway (36.03 km) Southern Tagalog Arterial Road (41.90 km) 4 Total Length = 286.14 km EXPRESSWAY UNDER CONSTRUCTION/PLANNING Project Name Tarlac- Pangasinan- La Union Toll Expressway (TPLEX) (88.58 km) North Luzon Tollway, C-5 Expressway Segment 8.2 - 10.23 km Segment 9 - 4.06 km Segment 10 - 5.63 km NLEx-SLEx Link Expressway (13.4 km) (Unsolicited proposal for NEDA review and subject to Swiss Challenge) Manila-Cavite Toll Expressway, R-1 Extension (7.00 km) Metro Manila Skyway, Stage 2 (6.88 km) Total Length = 135.78 km 5 EXISTING SITUATION IN METRO MANILA AND NEARBY AREAS Arterial road network composed of 6 circumferential and 10 radial roads proposed in the late 1960s.
    [Show full text]
  • FOI Manuals/Receiving Officers Database
    National Government Agencies (NGAs) Name of FOI Receiving Officer and Acronym Agency Office/Unit/Department Address Telephone nos. Email Address FOI Manuals Link Designation G/F DA Bldg. Agriculture and Fisheries 9204080 [email protected] Central Office Information Division (AFID), Elliptical Cheryl C. Suarez (632) 9288756 to 65 loc. 2158 [email protected] Road, Diliman, Quezon City [email protected] CAR BPI Complex, Guisad, Baguio City Robert L. Domoguen (074) 422-5795 [email protected] [email protected] (072) 242-1045 888-0341 [email protected] Regional Field Unit I San Fernando City, La Union Gloria C. Parong (632) 9288756 to 65 loc. 4111 [email protected] (078) 304-0562 [email protected] Regional Field Unit II Tuguegarao City, Cagayan Hector U. Tabbun (632) 9288756 to 65 loc. 4209 [email protected] [email protected] Berzon Bldg., San Fernando City, (045) 961-1209 961-3472 Regional Field Unit III Felicito B. Espiritu Jr. [email protected] Pampanga (632) 9288756 to 65 loc. 4309 [email protected] BPI Compound, Visayas Ave., Diliman, (632) 928-6485 [email protected] Regional Field Unit IVA Patria T. Bulanhagui Quezon City (632) 9288756 to 65 loc. 4429 [email protected] Agricultural Training Institute (ATI) Bldg., (632) 920-2044 Regional Field Unit MIMAROPA Clariza M. San Felipe [email protected] Diliman, Quezon City (632) 9288756 to 65 loc. 4408 (054) 475-5113 [email protected] Regional Field Unit V San Agustin, Pili, Camarines Sur Emily B. Bordado (632) 9288756 to 65 loc. 4505 [email protected] (033) 337-9092 [email protected] Regional Field Unit VI Port San Pedro, Iloilo City Juvy S.
    [Show full text]
  • List of Participating Petron Service Stations September 6
    LIST OF PARTICIPATING PETRON SERVICE STATIONS SEPTEMBER 6 - 21, 2021 REGION CITY / MUNICIPALITY ADDRESS METRO MANILA CALOOCAN CITY 245 SUSANO ROAD, DEPARO KALOOKAN CITY METRO MANILA CALOOCAN CITY ZABARTE ROAD, BRGY. CAMARIN, NORTH CALOOCAN, KALOOKAN CITY METRO MANILA CALOOCAN CITY 146RIZAL AVENUE EXT. GRACE PARK CALOOCAN CITY METRO MANILA CALOOCAN CITY 510 A. MABINI ST., KALOOKAN CITY METRO MANILA CALOOCAN CITY C-3 ROAD, DAGAT-DAGATAN CALOOCAN CITY METRO MANILA CALOOCAN CITY BLK 46 CONGRESSIONAL ROAD EXT., BAG CALOOCAN CITY METRO MANILA CALOOCAN CITY B. SERRANO ST. COR 11TH AVE CALOOCAN CITY METRO MANILA CALOOCAN CITY GEN. SAN MIGUEL ST., SANGANDAAN, CALOOCAN CITY METRO MANILA LAS PINAS ALABANG ZAPOTE ROAD LAS PINAS, METRO MANILA METRO MANILA LAS PINAS LOT 2A DAANG HARI CORNER DAANG REYN LAS PINAS METRO MANILA LAS PINAS NAGA ROAD LAS PINAS CITY, METRO MANILA METRO MANILA LAS PINAS BLK 14 LOT 1 VERSAILLES SUBD DAANG LAS PIбAS CITY METRO MANILA LAS PINAS CRM AVENUE, BF ALMANZA, LAS PIбAS METRO MANILA METRO MANILA LAS PINAS LOT 1 & 2 J. AGUILAR AVENUE TALON TRES, LAS PINAS METRO MANILA LAS PINAS ALABANG ZAPOTE RD., PAMPLONA LAS PINAS METRO MANILA LAS PINAS 269 REAL ST. PAMPLONA LAS PINAS METRO MANILA LAS PINAS 109 MARCOS ALVAREZ AVE. TALON LAS PINAS METRO MANILA LAS PINAS 469 REAL ST., ZAPOTE LAS PINAS METRO MANILA MAKATI CITY 46 GIL PUYAT AVE. NEAR COR. DIAN MAKATI CITY METRO MANILA MAKATI CITY G PUYAT COR P TAMO AVE, MAKATI CITY METRO MANILA MAKATI CITY LOT 18 BLOCK 76 SEN. GIL PUYAT AVE. PALANAN, MAKATI CITY METRO MANILA MAKATI CITY PETRON DASMARINAS STATION EDSA, MAKATI CITY METRO MANILA MAKATI CITY 363 SEN.
    [Show full text]
  • ACCOMMODATIONS Admiral Hotel 2138 Roxas Boulevard, Metro
    ACCOMMODATIONS Admiral Hotel 2138 Roxas Boulevard, Metro Manila, Philippines Tel: 632-572-081, Fax: 632-522-2018 Pearl Garden Hotel 1700 M. Adriatico St. corner Gen. Malvar St. Malate, Manila Philippines Telephone: (02) 525-1000, Fax Number: (02) 521-9297 Email: [email protected] Riviera Mansion Hotel 1638 A Mabini St. Malate, Manila Phone: +632 523 4511 Fax: +632 522 2606 , Email: [email protected] Pan Pacific Manila Hotel M. Adriatico corner Gen. Malvar Streets, Malate , Manila City 1004 Philippines Tel No.+63 2 318 0788 Fax: +63 2 302 9501 Best Western Hotel La Corona 1166 MH del Pilar cor. Arquiza Sts., Ermita,, Manila, 1000, PH Phone: +63 2 524 2631 Fax: +63 2 525 8268 Traders Hotel Manila 3001 Roxas Boulevard, Pasay City, 1305, Philippines T: (63 2) 708 4888 F: (63 2) 708 9850 City Garden Suites Manila 1158 A. Mabini St., Ermita Manila, Philippines Telephone: (632) 536-1451 to 59, Facsimile: (632) 524-4844 Domestic Toll-Free: 1-800-1-888-6789, Email Address: [email protected] Lotus Garden Hotel 1227 A. Mabini cor. Padre Faura Sts., Ermita, Manila, Philippines Tel: (632) 522-1515, Fax: (632) 522-0768, [email protected] Casa Bocobo Hotel Jorge Bocobo Street corner Kalaw Avenue, Ermita, Manila 1000 Philippines , Tel. No. +63 2 526 3783 or 526 2937 or 526 4017 or 516 7936 or 516 7928 or 516 7931 Chill Out Guest House 4th Floor, Lucky 888 Building, 1288 Marcelo H. Del Pilar Street, Ermita Manila, Philippines , Phone Number: +63 (2) 450 8023 CSB Hotel International Conference Center Manila Arellano Ave.
    [Show full text]
  • Current Bus Service Operating Characteristics Along EDSA, Metro Manila
    TSSP 22 nd Annual Conference of the Transportation Science Society of the Philippines Iloilo City, Philippines, 12 Sept 2014 2014 Current Bus Service Operating Characteristics Along EDSA, Metro Manila Krister Ian Daniel Z. ROQUEL Alexis M. FILLONE, Ph.D. Research Specialist Associate Professor Civil Engineering Department Civil Engineering Department De La Salle University - Manila De La Salle University - Manila 2401 Taft Avenue, Manila, Philippines 2401 Taft Avenue, Manila, Philippines E-mail: [email protected] E-mail: [email protected] Abstract: The Epifanio Delos Santos Avenue (EDSA) has been the focal point of many transportation studies over the past decade, aiming towards the improvement of traffic conditions across Metro Manila. Countless researches have tested, suggested and reviewed proposed improvements on the traffic condition. This paper focuses on investigating the overall effects of the operational and administrative changes in the study area over the past couple of years, from the full system operation of the Mass Rail Transit (MRT) in the year 2000 to the present (2014), to the service operating characteristics of buses plying the EDSA route. It was found that there are no significant changes in the average travel and running speeds for buses running Southbound, while there is a noticeable improvement for those going Northbound. As for passenger-kilometers carried, only minor changes were found. The journey time composition percentages did not show significant changes over the two time frames as well. For the factors contributing to passenger-related time, the presence of air-conditioning and the direction of travel were found to contribute as well, aside from the number of embarking and/or disembarking passengers and number of standing passengers.
    [Show full text]
  • Chapter 5 Project Scope of Work
    CHAPTER 5 PROJECT SCOPE OF WORK CHAPTER 5 PROJECT SCOPE OF WORK 5.1 MINIMUM EXPRESSWAY CONFIGURATION 5.1.1 Project Component of the Project The project is implemented under the Public-Private Partnership (PPP) Scheme in accordance with the Philippine BOT Law (R.A. 7718) and its Implementing Rules and Regulations. The project is composed of the following components; Component 1: Maintenance of Phase I facility for the period from the signing of Toll Concession Agreements (TCA) to Issuance of Toll Operation Certificate (TOC) Component 2: Design, Finance with Government Financial Support (GFS), Build and Transfer of Phase II facility and Necessary Repair/Improvement of Phase I facility. Component 3: Operation and Maintenance of Phase I and Phase II facilities. 5.1.2 Minimum Expressway Configuration of Phase II 1) Expressway Alignment Phase II starts at the end point of Phase I (Coordinate: North = 1605866.31486, East 502268.99378), runs over Sales Avenue, Andrews Avenue, Domestic Road, NAIA (MIA) Road and ends at Roxas Boulevard/Manila-Cavite Coastal Expressway (see Figure 5.1.2-1). 2) Ramp Layout Five (5) new on-ramps and five 5) new off-ramps and one (1) existing off-ramp are provided as shown in Figure 5.1.2-1. One (1) on-ramp constructed under Phase I is removed. One (1) overloaded truck/Emergency Exit is provided. One (1) on-ramp for NAIA Terminal III exit traffic and one existing off-ramp from Skyway for access to NAIA Terminal III. One (1) on-ramp along Andrews Ave. to collect traffic jam from NAIA Terminal III traffic and traffic on Andrews Ave.
    [Show full text]
  • Transportation History of the Philippines
    Transportation history of the Philippines This article describes the various forms of transportation in the Philippines. Despite the physical barriers that can hamper overall transport development in the country, the Philippines has found ways to create and integrate an extensive transportation system that connects the over 7,000 islands that surround the archipelago, and it has shown that through the Filipinos' ingenuity and creativity, they have created several transport forms that are unique to the country. Contents • 1 Land transportation o 1.1 Road System 1.1.1 Main highways 1.1.2 Expressways o 1.2 Mass Transit 1.2.1 Bus Companies 1.2.2 Within Metro Manila 1.2.3 Provincial 1.2.4 Jeepney 1.2.5 Railways 1.2.6 Other Forms of Mass Transit • 2 Water transportation o 2.1 Ports and harbors o 2.2 River ferries o 2.3 Shipping companies • 3 Air transportation o 3.1 International gateways o 3.2 Local airlines • 4 History o 4.1 1940s 4.1.1 Vehicles 4.1.2 Railways 4.1.3 Roads • 5 See also • 6 References • 7 External links Land transportation Road System The Philippines has 199,950 kilometers (124,249 miles) of roads, of which 39,590 kilometers (24,601 miles) are paved. As of 2004, the total length of the non-toll road network was reported to be 202,860 km, with the following breakdown according to type: • National roads - 15% • Provincial roads - 13% • City and municipal roads - 12% • Barangay (barrio) roads - 60% Road classification is based primarily on administrative responsibilities (with the exception of barangays), i.e., which level of government built and funded the roads.
    [Show full text]
  • Hub Identification of the Metro Manila Road Network Using Pagerank Paper Identification Number: AYRF15-015 Jacob CHAN1, Kardi TEKNOMO2
    “Transportation for A Better Life: Harnessing Finance for Safety and Equity in AEC August 21, 2015, Bangkok, Thailand Hub Identification of the Metro Manila Road Network Using PageRank Paper Identification Number: AYRF15-015 Jacob CHAN1, Kardi TEKNOMO2 1Department of Information Systems and Computer Science, School of Science and Engineering Ateneo de Manila University, Loyola Heights, Quezon City, Philippines 1108 Telephone +632-426-6001, Fax. +632-4261214 E-mail: [email protected] 2Department of Information Systems and Computer Science, School of Science and Engineering Ateneo de Manila University, Loyola Heights, Quezon City, Philippines 1108 Telephone +632-426-6001, Fax. +632-4261214 E-mail: [email protected] Abstract We attempt to identify the different node hubs of a road network using PageRank for preparation for possible random terrorist attacks. The robustness of a road network against such attack is crucial to be studied because it may cripple its connectivity by simply shutting down these hubs. We show the important hubs in a road network based on network structure and propose a model for robustness analysis. By identifying important hubs in a road network, possible preparation schemes may be done earlier to mitigate random terrorist attacks, including defense reinforcement and transportation security. A case study of the Metro Manila road network is also presented. The case study shows that the most important hubs in the Metro Manila road network are near airports, piers, major highways and expressways. Keywords: PageRank, Terrorist Attack, Robustness 1. Introduction Table 1 Comparative analysis of different Roads are important access points because methodologies on network robustness indices connects different places like cities, districts, and Author Method Strength Weakness landmarks.
    [Show full text]
  • ECC Issued FY 2014 ECC Reference Report Date Application Decision Name Proponent Document Status Series Code Type Received Date Date
    ECC Issued FY 2014 ECC Reference Report Date Application Decision Name Proponent Document Status Series Code Type Received Date Date Alabang Town Center BPO 1 Alabang 1 ECC-NCR-1401-0001 ECC IEEC 1/6/2014 1/6/2014 1/16/2014 Approved Alabang Town Center, Brgy. Ayala, Commercial Corp. Alabang,, Muntinlupa, Metro Manila IBP Tower Ortigas and 2 ECC-NCR-1401-0003 Company Limited ECC IEEC 1/6/2014 1/6/2014 2/6/2014 Approved Julia Vargas Ave., Ortigas Center,, Partnershipp Pasig City, Metro Manila T-Park Project Fort Bonifacio 3 ECC-NCR-1401-0005 Development ECC IEEC 1/6/2014 1/6/2014 1/28/2014 Approved B18,L4, 26th, BGC,, Taguig, Metro Corporation Manila Vertis North Towers 4 ECC-NCR-1401-0006 Ayala Land, Inc. ECC IEEC 1/6/2014 1/6/2014 1/16/2014 Approved Vertis North Triangle, Brgy. Bagong Pag-asa,, Quezon City, Metro Manila Fortune Hill Project 5 ECC-NCR-1401-0008 Filinvest Land, Inc. ECC IEEC 1/6/2014 1/6/2014 1/20/2014 Approved 173 P. Gomez St.,, San Juan, Metro Manila Studio A Residential Condominium 6 ECC-NCR-1401-0009 Filinvest Land, Inc. ECC IEER 1/6/2014 1/6/2014 1/20/2014 Approved 99 Xavierville Ave., cor. E. Abada St., Loyola Heights,, Quezon City, Metro Manila Plastic Recycling Project 7 ECC-NCR-1401-0011 Sanplas Industries ECC IEEC 1/6/2014 1/6/2014 2/7/2014 Approved 6390 Tatalon St., Ugong,, Valenzuela, Metro Manila Shipbuilding and Repair Yard 8 ECC-NCR-1401-0013 Sas Shipyard, Inc.
    [Show full text]
  • 2019 Financial Statements
    Cavitex Infrastructure Corp. Financial Statements December 31, 2019 and 2018 and Independent Auditor’s Report SyCip Gorres Velayo & Co. Tel: (632) 891 0307 BOA/PRC Reg. No. 0001, 6760 Ayala Avenue Fax: (632) 819 0872 October 4, 2018, valid until August 24, 2021 1226 Makati City ey.com/ph SEC Accreditation No. 0012-FR-5 (Group A), Philippines November 6, 2018, valid until November 5, 2021 INDEPENDENT AUDITOR’S REPORT The Stockholders and the Board of Directors Cavitex Infrastructure Corp. Report on the Audit of the Financial Statements Opinion We have audited the financial statements of Cavitex Infrastructure Corp. (the Company), which comprise the statements of financial position as at December 31, 2019 and 2018, and the statements of comprehensive income, statements of changes in equity and statements of cash flows for the years then ended, and notes to the financial statements, including a summary of significant accounting policies. In our opinion, the accompanying financial statements present fairly, in all material respects, the financial position of the Company as at December 31, 2019 and 2018, and its financial performance and its cash flows for the years then ended in accordance with Philippine Financial Reporting Standards (PFRSs). Basis for Opinion We conducted our audits in accordance with Philippine Standards on Auditing (PSAs). Our responsibilities under those standards are further described in the Auditor’s Responsibilities for the Audit of the Financial Statements section of our report. We are independent of the Company in accordance with the Code of Ethics for Professional Accountants in the Philippines (Code of Ethics) together with the ethical requirements that are relevant to our audit of the financial statements in the Philippines, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics.
    [Show full text]
  • Results Report 2014
    Results Report 2014 Results Report 2014 26th February, 2015 Non Audited Figures 1 Results Report 2014 INDEX 1 Executive Summary 3 1.1 Main figures 3 1.2 Relevant facts 5 2 Consolidated Financial Statements 8 2.1 Income Statement 8 2.1.1 Sales and Backlog 8 2.1.2 Operating Results 10 2.1.3 Financial Results 11 2.1.4 Net Profit Attributable to the Parent Company 12 2.2 Consolidated Balance Sheet 13 2.2.1 Non-Current Assets 13 2.2.2 Assets held for sale 14 2.2.3 Working Capital 15 2.2.4 Net Debt 15 2.2.5 Net Worth 16 2.3 Net Cash Flows 17 2.3.1 Operating Activities 17 2.3.2 Investments 18 2.3.3 Other Cash Flows 18 3 Areas of Activity Evolution 19 3.1 Construction 19 3.2 Industrial Services 22 3.3 Environment 24 4 Relevant facts after the end of the period 26 5 Description of the main risks and opportunities 26 6 Corporate Social Responsibility 28 6.1 Ethics 28 6.2 Efficiency 28 6.3 Employees 30 7 Information on affiliates 30 8 Annexes 31 8.1 Main figures per area of activity 31 8.2 Financial Accounts per area of Activity 32 8.2.1 Income Statement 32 8.2.2 Balance Sheet 33 8.3 Infrastructure Concessions 34 8.4 Share data 35 8.5 Exchange rate effect 36 8.6 Main Awards of the Period 37 8.6.1 Construction 37 8.6.2 Industrial Services 40 8.6.3 Environment 41 Non Audited Figures 2 Results Report 2014 1 Executive Summary 1.1 Main figures Grupo ACS Key operating & financial figures Million Euro 2013 2014 Var.
    [Show full text]