PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

599787

Primary Business Area

Public-Private Partnerships Transaction Advisory

Disclosure Date

Dec 19, 2013

Country

Philippines

Region

East Asia and the Pacific

IFC Approval Date

Oct 27, 2013

Status

Completed

Estimated Total Budget

$1,055,035.00
(Project budget includes all project-funded activities)

Last Updated Date

Jun 12, 2021

Project Estimated End Date

Dec 31, 2014

Project Description

IFC and the Development Bank of the Philippines (DBP) have been appointed transaction advisors by the Government of the Philippines (GoP) Department of Transportation and Communications (DOTC) for the Public Private Partnership projects for the LRT Line Two Projec, which includes the turn over to a private operator of the existing assets and the construction of an east and/or west extensions. The assistance of DBP and IFC covers all project pre-investment activities including due diligence review, transaction structuring, marketing and promotion, contract preparation and development of bid/tender documents, as well as supporting DOTC during the bidding process up to the award of the concession contracts.

Development Results