lnvesLors' 8rleflng London (19 !uly 2012) - Madrld (23 !uly 2012) - 1okyo (02 AugusL 2012) 1he h|||pp|nes ear GD growth (constant pr|ces, base year = 2000) GD |n USD M||||on (current pr|ces) GD per cap|ta |n USD (current pr|ces) GD |n USD M||||on () GD per cap|ta |n USD () eso vs Do||ar Lxchange kate 2010 7.63 199.6 2,123 368.3 3,920 43.11 2011 3.72 213.1 2,223 390.4 4,073 43.31 12 th most populous country in the world: 92+ million as of 2010 2 12 th most populous country in the world: 92+ million as of 2010 US$76B in foreign reserves (25 th in the world) Remittances from Jan-May 2012 totaled US$9.3B Inflation for Feb 2012 Y-on-Y was only 2.7% Unemployment as of Feb 2012 at 7.2% 1he h|||pp|nes S& upgraded raLlng Lo 88+" wlLh sLable ouLlook 1P of 2012: hp718 of equlLles boughL by forelgn fund managers = 3x lncrease from 2011. LasL !uly 3, Lhe SLl surged Lo a new all-Llme hlgh of 3,369.98. 1he SL ls currenLly Lhe Lop performlng markeL ln Asla wlLh a 1he SL ls currenLly Lhe Lop performlng markeL ln Asla wlLh a galn of 22.7 ?1u, ouLpaclng bourses ln Slngapore, lndonesla, Malaysla, 1halland, vleLnam, Pong kong, lndla and Chlna, among oLhers. 1he hlllppln eso recenLly hlL a four-year hlgh of hp41.72 agalnsL Lhe uS dollar. 3 Metro Man||a 4 1he Investment Cpportun|ty concess|on for the Man||a L|ne 1 (Green L|ne) ro[ect: A priority project of Lhe hlllpplnes under lLs rogram operaLlonal slnce 1984 and servlng heavlly developed areas, Llne 1 has a we//-estob/ished ridership bose. 2011 rldershlp LoLalled 157 mi//ion possenqers and Llne 1 ls currenLly averaglng S00,000+ pax da||y (23,000pax/km). currenLly averaglng S00,000+ pax da||y (23,000pax/km). compotoble systems. Moloyslo. kelooo Ioyo (fotmetly lu1kA) = opptox. 19,000pox/km 1bollooJ. 8ooqkok 815 = opptox. 16,500pox/km koteo. 8osoo Metto = opptox. 9,J00pox/km Among the top S0 metro systems wor|dw|de by annua| r|dersh|p ro[ect kat|ona|e Llne 1 has a fare-box raLlo of 1.34 (flve-year average) Llne 1 already runnlng aL capaclLy Lhe pro[ecL alms Lo lmprove operaLlonal capaclLy Lo serve currenL suppressed demand SouLhern exLenslon Lo capLure large populaLlon base LhaL regularly Lravel beLween CavlLe and Manlla ro[ect A||gnment to o||cy Startegy 1o the Nat|ona| 1ransportat|on Iramework rovldlng ConvenlenL, Affordable, kellable, LfflclenL, and Safe LransporLaLlon 8emedy Lo spaLlal dlslocaLlon" and supporLlng urban growLh beyond MeLro Manlla Maxlmlzlng lnvesLmenLs ln exlsLlng lnfrasLrucLure by lncreaslng lLs usage 1o the rogram for 1o the rogram for Infrastructure Deve|opment Parnesslng prlvaLe secLor resources and knowhow ln expandlng and lmprovlng publlc servlces ro[ect Descr|pt|on]Components A. CperaLlon and MalnLenance of Lhe LxlsLlng Llne 1 8. ConsLrucLlon of Lhe CavlLe LxLenslon C. CperaLlon and MalnLenance of Lhe lnLegraLed Llne 1 C. CperaLlon and MalnLenance of Lhe lnLegraLed Llne 1 (LxlsLlng and LxLenslon) Lx|st|ng L|ne 1 System 1ype of SysLem: lully elevaLed LengLh: 20.7 km wlLh 20 sLaLlons asses Lhrough Cuezon ClLy, Caloocan ClLy, Manlla, MakaLl ClLy, and asay ClLy Accesslble Lo Llnes 2 and 3 Line 1 Line 2 Accesslble Lo Llnes 2 and 3 Average of 300,000+ passengers dally (hlghesL recorded aL 639,000 ln leb. 2012) 8ldershlp lncrease of abouL 12 ln 1 sL half of 2012 vs. comparable 2011 flgure (69M vs. 62M, !an-May) Line 3 Lx|st|ng L|ne 1 System Lk11 assenger 1raff|c (|n M||||ons of assengers) 80 100 120 140 160 0 20 40 60 80 1 9 9 1 1 9 9 2 1 9 9 3 1 9 9 4 1 9 9 3 1 9 9 6 1 9 9 7 1 9 9 8 1 9 9 9 2 0 0 0 2 0 0 1 2 0 0 2 2 0 0 3 2 0 0 4 2 0 0 3 2 0 0 6 2 0 0 7 2 0 0 8 2 0 0 9 2 0 1 0 2 0 1 1 L|ne 1 North Lxtens|on 11 Cav|te Lxtens|on 1ype of SysLem: 90 elevaLed (approx. 10.3km) LengLh: Approx. 11.7 km (8aclaran Lo 8acoor) 8 sLaLlons lncluslve of 3 lnLermodal faclllLles (ur. SanLos, ZapoLe, nlyog) wlLh opLlon for 2 fuLure sLaLlons (Manuyo uno, 1alaba) new saLelllLe depoL (ZapoLe) New Access to: opu|at|on (2010 Census) aranaque ClLy 388,000+ Las lnas ClLy 330,000+ 8acoor, CavlLe 320,000+ CavlLe rovlnce 3 mllllon 8acoor, Cav|te 13 1he Integrated System Llne 1 ls llnked Lo Llne 2 and Llne 3. LsLlmaLed 1ravel 1lme: 8aclaran Lo Cuezon ClLy (8oosevelL) = 30mln 14 (8oosevelL) = 30mln 8acoor (nlyog) Lo Cuezon ClLy (8oosevelL ) = 1hr and 10mln 8acoor (nlyog) Lo 8aclaran = 20mln Lst|mated ro[ect Cost arty |n hp M||||ons |n US5 M||||ons Share rlvaLe 27,300 623 30 rlvaLe 27,300 623 30 Cov'L 27,300 623 30 1ota| SS,000 1,2S0 100 S1kUC1UkL AND 8IDDING IkAMLWCkk Concess|on Structure Lega| Iramework: hlllpplne 8C1 Law and lLs l88 8ulld-1ransfer-CperaLe (81C") varlanL under Lhe 8C1 Law Concess|on er|od: 30 years (lncluslve of consLrucLlon perlod for CavlLe LxLenslon) perlod for CavlLe LxLenslon) Counterpart|es to the Concess|on: ConLracLlng arLy: hlllpplne CovernmenL represenLed by uC1C and L81A ConLracLed arLy: Concesslonalre Company Structure 1he Concess|ona|re's ob||gat|ons]r|ghts: llnances, deslgns and consLrucLs Lhe CavlLe LxLenslon underLakes C&M of Lhe LxlsLlng SysLem lmmedlaLely underLakes C&M of Lhe lnLegraLed SysLem upon compleLlon of Lhe CavlLe LxLenslon underLakes fuLure SysLem malnLenance and upgrades underLakes fuLure SysLem malnLenance and upgrades Assumes rldershlp rlsk 8ecelves farebox ermlLLed commerclal developmenL Structure 1he Government's ob||gat|ons: 1urns over exlsLlng Llne 1 AsseLs for rall operaLlon and commerclal buslness venLures (prlor Lo LxLenslon compleLlon) Acqulres and dellvers all requlred 8CW rovldes up Lo 39 new Lraln seLs ConsLrucLs and flnances baslc lnfrasLrucLure for Lhe SaLelllLe ConsLrucLs and flnances baslc lnfrasLrucLure for Lhe SaLelllLe uepoL and expanslon of Lhe LxlsLlng uepoL lmplemenLs Lhe AuLomaLed lare CollecLlon SysLem (AlCS) pro[ecL Lnsures appllcaLlon of perlodlc fare ad[usLmenLs (whlch wlll be speclfled ln Lhe 8ld uocumenLs) Cther Ieatures Iare CurrenL fares are zone-based 8evlsed fare sLrucLure: board|ng (f|xed) p|us a d|stance (var|ab|e) fare erlodlc fare ad[usLmenLs over Lhe concesslon perlod Iac|||ty Cperator MusL comply wlLh naLlonallLy requlremenL as prescrlbed under Lhe MusL comply wlLh naLlonallLy requlremenL as prescrlbed under Lhe ConsLlLuLlon for publlc uLlllLles Centra||zed Automated Iare Co||ect|on System (AICS) CovernmenL wlll lmplemenL a cenLrallzed conLacLless fare collecLlon sysLem for all L81 llnes, operaLed by an lndependenL prlvaLe company. 1hls pro[ecL shall be Lendered parallel Lo Llne 1. rocurement Moda||ty Lega| framework: lnLernaLlonal CompeLlLlve 1ender under Lhe hlllpplne 8C1 Law and lLs lmplemenLlng 8ules and 8egulaLlons (l88) art|c|pat|on: hlllpplne and forelgn companles, art|c|pat|on: hlllpplne and forelgn companles, elLher lndlvldually or grouped ln a consorLlum ls admlLLed 8|dd|ng Iramework for the 1ransact|on lnternotiono/ competitive 1ender 1wo-Stage 8|d rocess: re-quallflcaLlon of 8ldders based on legal, Lechnlcal and flnanclal crlLerla lnvlLaLlon Lo SubmlL 8lds from re-Cuallfled 8ldders 1wo-envelope sysLem for 8lds osLlng of requlred bld bond 1echnlcal roposal - evaluaLed on a ass/lall basls llnanclal roposal - hlghesL concesslon fee as bld parameLer Data koom hyslcal and vlrLual daLarooms have been seL-up Lo be made avallable for due dlllgence Lo bldders. 1he daLarooms shall be avallable for due dlllgence Lo Lhose who have procured Lhe C dlllgence Lo Lhose who have procured Lhe C uocumenLs. AfLer pre-quallflcaLlon, only Lhose who pre- quallfled shall be glven access. Ind|cat|ve ro[ect 1ender 1|metab|e M||estone 1arget Date cooJoct of ltoject coosoltotloos/kooJsbows !uly 2012 C Submlsslon 22 AugusL 2012 ldenLlflcaLlon of re-Cuallfled 8ldders / ldenLlflcaLlon of re-Cuallfled 8ldders / lssuance of 8ld uocumenLs Lo re-Cual. 8ldders CcLober 2012 8ld Submlsslon 1C 2013 lssuance of noLlce of Award 2C 2013 Adv|sors Transaction Advisors With Assistance From: Technical and Legal Specialists Local Legal Consultants 1hank you! uC1W WebslLe: www.doLc.gov.ph CenLer WebslLe: www.ppp.gov.ph CenLer WebslLe: www.ppp.gov.ph Ior quer|es: 8ene k. Llmcaoco, undersecreLary of uC1C - renekllmcaoco[yahoo.com !alme C. lellclano, AssL. SecreLary of uC1C - [almecfellclano[gmall.com !ohn hllllp . Sevllla, undersecreLary of uol - [sevllla[dof.gov.ph CoseLLe v. Canllao, Lxec. ulrecLor, CenLer - cvcanllao[ppp.gov.ph lrancls nlcolas M. Chua, uevelopmenL 8ank of Lhe hlllpplnes - fnmchua[dbp.ph Lulu 8aclagon, lnLernaLlonal llnance CorporaLlon - mbaclagon[lfc.org