The National Economic and Development Authority (NEDA 11) regional office reminded Chelsea Logistics and Infrastructure Holdings Corporation (CLIHC) on Friday to adhere to the revised implementing …
National Economic and Development Authority director Maria Lourdes D. Lim reminds Chelsea Logistics and Infrastructure Holdings Corporation of Dabawenyo businessman Dennis Uy to adhere to the revised implementing rules and regulations of the Build Operate Transfer Law for their unsolicited bid for the operation, expansion, capacity, augmentation, and maintenance of the Davao International Airport during this week's Kapihan sa PIA at NCCC VPlaza mall in Davao City. LEAN DAVAL JR.
It can be recalled that CLIHC’s, which is under Udenna Corporation of Dabawenyo businessman Dennis Uy, said the unsolicited proposal was remanded back to the proponent by the Department of Transportation because of the revised 2022 IRR of the BOT Law. Lim added that the framework as contained in the revised IRR should be more transparent to evaluate and implement the Public-Private Partnership projects under the BOT Law.
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