DLC to bid 28 RORO routes

DBP_LogoMANILA – The Development Bank of the Philippines Leasing Corp. (DLC),  an affiliate of state-operated Development Bank of the Philippines (DBP), announced it is bidding out 28 underutilized roll-on/roll-off (RORO) ports.

DLC to bid 28 RORO routes

These ports are located in the regions of CALABARZON (Calamba, Laguna, Batangas, Rizal, Quezon), MIMAROPA (Mindoro, Marinduque, Romblon, Palawan), Bicol, and Western, Central and Eastern Visayas.

The bid is open for qualified shipping operators and entrepreneurs who are interested to lease Ro-Ro vessels and deploy them in these areas.

DLC’s route assessment studies show the 28 ports already have ramps and road infrastructure which make them ideal for immediate Ro-Ro operations at minimal capital expenditures.

It has also identified 18 more ports having such infrastructure and is looking at the possibility of opening it to the Ro-Ro trade.

All the 46 ports that were identified were built by the Philippine Ports Authority at a cost of between P40 and P50 million each.

DLC chair Francisco Del Rosario Jr. said they will buy brand-new, locally-manufactured or second-hand Ro-Ro vessels for lease to qualified operators as this will help promote countryside development.

“We want to further pursue the Road RORO Terminal System component of our Logistics Infrastructure Development Project to reduce transport costs from Mindanao to Luzon through the use of RORO vessels that will serve as floating bridges and provide continuity for transporting people and cargoes from one island to another,” he added.

Del Rosario stressed that they encourage the participation of the private sector, government-owned-and-controlled corporations, local government units, cooperatives and participating financial institutions to help address the need for adequate infrastructure facilities and efficient logistics for the movement of people and distribution of goods and services in the country.*PNA

Original Article, The News Today Philippines