PPA: Mercedes wind port project awarded to Filipino contractors
Manila, Oct. 23 -- The Philippine Ports Authority (PPA) has clarified that the PHP2.27-billion contract for the offshore wind port project in Mercedes, Camarines Norte, was awarded to a joint venture of two wholly Filipino-owned companies.
In a statement on Friday, the PPA addressed recent media reports that suggested the project was awarded to a Chinese company and involved the redevelopment of an existing port.
"Contrary to the impression conveyed by certain reports, the contract was NOT awarded to a Chinese company," the PPA said.
The agency identified the winning joint venture as Khan Kon Chi Construction and Development Corporation and SB Construction Corporation.
The PPA said the project involves the construction of a new port f...
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