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Ligalig-Mike

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By the Bohol Standard

“This could be another ZTE-NBN deal.”

Such impression, as coined by a new group of oppositors to the Panglao Bohol International Airport Project, reached feverish pitch this week as reports floated that the P4.17-Billion Bohol airport project has been awarded to a winning bidder: Hanjin Heavy Industries Corporation.

Hanjin, a large South Korean firm, had been a permanent fixture here since 1995 when it worked on the Malinao Dam Project (as Hanil), working on allother Bohol’s mega projects like the Capayas, Ubay Dam (P1B), succeeding Bohol Irrigation Project 2, Bayongan Dam (BHIP2 P3.7B), and the Bohol Circumferential Road Improvement Project (BCRIP 1-2, P4.6B).

Hanjin has earned the cold stares of local contractors who complained they are being “sidelined” for obvious lack of financial resources to compete in large-scale government projects.

No particular person, organization, however, has been pointed as the source of the radio reports.

The same unverified report triggered more speculations that the project was indeed railroaded and did not go through the standard government open competitive public bidding process, pushing Bohol concerned sectors on guard against corruption.

Some concerned Boholanos have openly aired desire for a Congressional inquiry to shed light on the issue.

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Macky Ferniz

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Re: South Korea's Hanjin Gets P4.17 Billion Panglao Airport Project?
« Reply #1 on: May 30, 2008, 06:46:17 PM »
Mao ba ni ang matud pa makahatag ug kalamboan sa atong lungsod?

Sa sinugdanan pa lang gani wala nay na ato. Obviously, walay daganan ang atong financially limited contractors aning Giant Hanjin.

Nganong ila mang ihatag ang tibuok project sa usa lang ka contractor. Puede man nga i-distribute ang projects, part by part to several local contractors. By distributing contract, each local contractor will grow and also our local banks where those contractors acquire thier loans will also grow. This growth will benefit Bohol's treasury and economy.

I guess nga kung ma human na kini nga Airport, naa na poy contractor nga mo sulod nga mo hawak sa duty free dinhi, banning all local vendors from selling their goods in the vicinity of the airport. This is not profitable to us folks.

Mao gyud ni mahitabo nga akong gikahadlokan nga bisan pinisik walay ma ato. Gansi na man gani ta sa mga yuta diha nga wala pa mabayri or kun nabayran man, barat price pod.

If this project is not for the Boholano, then we have to scrape this out and throw it away.

I am outraged folks.
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benelynne

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Re: South Korea's Hanjin Gets P4.17 Billion Panglao Airport Project?
« Reply #2 on: May 30, 2008, 09:32:54 PM »
By the Bohol Standard[/color]

“This could be another ZTE-NBN deal.”

Such impression, as coined by a new group of oppositors to the Panglao Bohol International Airport Project, reached feverish pitch this week as reports floated that the P4.17-Billion Bohol airport project has been awarded to a winning bidder: Hanjin Heavy Industries Corporation.

Hanjin, a large South Korean firm, had been a permanent fixture here since 1995 when it worked on the Malinao Dam Project (as Hanil), working on allother Bohol’s mega projects like the Capayas, Ubay Dam (P1B), succeeding Bohol Irrigation Project 2, Bayongan Dam (BHIP2 P3.7B), and the Bohol Circumferential Road Improvement Project (BCRIP 1-2, P4.6B).

Hanjin has earned the cold stares of local contractors who complained they are being “sidelined” for obvious lack of financial resources to compete in large-scale government projects.

No particular person, organization, however, has been pointed as the source of the radio reports.

The same unverified report triggered more speculations that the project was indeed railroaded and did not go through the standard government open competitive public bidding process, pushing Bohol concerned sectors on guard against corruption.

Some concerned Boholanos have openly aired desire for a Congressional inquiry to shed light on the issue.

This does not surprise me. If not Hanjin, what can save the face of Arroyo and Aumentado has to be some foreign contractor that has the financial wherewithal or strings to the aid or soft-loan sources of their home governments.

How can Panglao International Airport be built if we expect 70 percent of its funding from Lucio Tan's long-standing arrears in rent to Manila International Airport Authority (MIAA)?

Given the slowdown in passenger traffic and PAL's accumulated financial woes, it is simply impossible for Lucio Tan to roll the project in hard cash or muscle his banks, PNB and Allied Bank--now on the verge of a merger--to bankroll this gargantuan project.

Therefore, the contractor has to have other strong sources of fund to keep the construction onstream at every stage until completion in 2010. Small, local contractors simply do not have the financial capacity or network to even start this project, unless they are paid in cash.



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