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                    [ArticleID] => 232198
                    [Title] => Penta-Shimitsu-TOA group submits lowest bid for Subic port project
                    [Summary] => The Subic Bay Metropolitan Authority (SBMA) announced yesterday that the joint venture composed of Penta Ocean Group, Shimitsu Corp. and TOA Corp. submitted the lowest bid of P5.226 billion for the Subic Bay Port Development project.


The other bidder, Toyo Corp. of Japan, submitted a quotation of P5.589 billion which is P363 million higher.


However, the award will be made only after the SBMA has evaluated the bids.


SBMA Chairman Felicito Payumo said the bid committee will need about 30 days to validate the figures submitted by the bidders.


                    [DatePublished] => 2003-12-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
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SUBIC BAY PORT DEVELOPMENT

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                    [ArticleID] => 232198
                    [Title] => Penta-Shimitsu-TOA group submits lowest bid for Subic port project
                    [Summary] => The Subic Bay Metropolitan Authority (SBMA) announced yesterday that the joint venture composed of Penta Ocean Group, Shimitsu Corp. and TOA Corp. submitted the lowest bid of P5.226 billion for the Subic Bay Port Development project.


The other bidder, Toyo Corp. of Japan, submitted a quotation of P5.589 billion which is P363 million higher.


However, the award will be made only after the SBMA has evaluated the bids.


SBMA Chairman Felicito Payumo said the bid committee will need about 30 days to validate the figures submitted by the bidders.


                    [DatePublished] => 2003-12-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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abtest

Penta-Shimitsu-TOA group submits lowest bid for Subic port project

By Marianne V. Go | December 19, 2003 - 12:00am

The Subic Bay Metropolitan Authority (SBMA) announced yesterday that the joint venture composed of Penta Ocean Group, Shimitsu Corp. and TOA Corp. submitted the lowest bid of P5.226 billion for the Subic Bay Port...

Business