The P123-billion Laguna Lakeshore Expressway- Dike Project will help reduce flooding and improve living conditions in coastal communities along Laguna Lake, a senior member of the House of Representatives said on Thursday.
“We are also counting on the project to help ease motor vehicle traffic and facilitate the transfer of goods and services between Metro Manila and Southern Luzon, thus driving increased economic activity,” Pasig Rep. Roman Romulo said in a statement.
Romulo also said he expects the massive project to be carried out expeditiously.
We want the competitive bidding to proceed fairly and transparently, so as to avoid potential legal challenges and holdups,” he said.
The Department of Public Works and Highways (DPWH) will execute the project via an alternative Public-Private Partnership (PPP) scheme under the Build-Operate-Transfer (BOT) Law.
At least 22 prospective bidders from the private sector are set to submit their qualification papers on Jan. 14, 2015, and tender their proposals on Jul. 5, 2015.
The DPWH will award the project to the winning bidder on Aug. 5, 2015.
Romulo said the project has two components. The first involves the construction of a 47-kilometer flood control dike, with a six-lane highway on top, to include bridges, interchanges, access roads, floodgates, and pumping stations.
The highway-dike from Taguig City to the Municipality of Los Baños will be put up offshore — 500 meters away from the western shoreline of Laguna Lake.