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The Philippine Ports Authority awarded the joint venture of GlobalPort Terminals and Globalport Ozamiz Terminal the contract to run Opol port in Misamis Oriental
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The 15-year contract came with a proposed fee of P555 million, excluding taxes
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It involves overseeing cargo handling and other port services at Opol port
The Philippine Ports Authority (PPA) awarded the 15-year contract to run Opol port in Misamis Oriental to the joint venture (JV) of GlobalPort Terminals, Inc. (GTI) and Globalport (GP) Ozamiz Terminal, Inc.
The JV will manage cargo-handling and other port-related services at Opol port.
The contract came with a proposed concession fee of P555 million, excluding taxes.
The JV emerged as the sole bidder meeting the criteria after another company’s bid was disqualified during the opening of bids last September 29.
The PPA Bids and Awards Committee, in a resolution signed on October 20, declared the JV as the top bidder.
The bidding followed open competitive procedures outlined in PPA Administrative Order (AO) No. 12-2018, as amended.
AO 12-2018 provides the guidelines for selecting and awarding contracts under PPA’s Port Terminal Management Regulatory Framework (PTMRF), specifying rules for terminal management contracts.
Opol port falls under Tier 3 of the PTMRF, which means the contractor’s investments include above-ground fixtures and semi-fixtures, and mobile handling equipment (e.g., passenger terminal building, cranes, forklifts, trucks) for a 15-year concession period.
Situated in Brgy. Luyong Bonbon in Opol, the port was inaugurated in 2019 and serves as an alternate port for domestic tramping vessels carrying breakbulk cargoes from the western part of Misamis Oriental and Iligan City. It is 15 kilometers from the baseport of Cagayan de Oro.
GTI is a wholly-owned subsidiary while GP Ozamiz is an indirect subsidiary of Globalport 900, Inc. engaged in port development, management, and operations.
Globalport has incorporated indirect subsidiaries, including GP Ozamiz, after winning bids for ports under PPA’s PTMRF, including Zamboanga, Ozamiz, Iligan, Tacloban, Matnog, Nasipit, Surigao, Bohol, and Davao. GTI also operates Pulupandan port, another facility won under PTMRF.
Since 2020, PPA has been bidding out port terminal management contracts under its PTMRF and has bid out 19 other ports, including, Puerto Princesa, Ormoc, Tabaco, Legazpi, Zamboanga, Iligan, Ozamiz, Calapan, Tacloban, Nasipit, Matnog, Fort San Pedro, Pulupandan, Surigao, Masao, Tagbilaran, Pagadian, Pasig River, and Davao-Sasa ports. PPA this year is also bidding out port clusters, including the cluster of Balbagon, Benoni, and Guinsiliban, in Camiguin, and the cluster of Balingoan and Jasaan in Misamis Oriental. – Roumina Pablo
