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Feasibility study to be done on new port for Zamboanga SEZ

A seaport project proposed by the Zamboanga City Special Economic Zone and Freeport Authority (ZamboEcozone) in the Philippines' troubled southern region has been granted funding for a feasibility study, the Public-Private Partnership (PPP) Center was reported as saying by local media.

Vincent Wee, Hong Kong and South East Asia Correspondent

February 7, 2017

1 Min Read
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The Project Development and Monitoring Facility (PDMF) cleared funding for the conduct of feasibility studies and transaction services for the San Ramon Newport Project, a proposed seaport within the ZamboEcozone.

It is hoped the port will help Zamboanga City’s become a regional maritime and transhipment hub for the Brunei-Darussalam-Indonesia-Malaysia-Philippines East ASEAN Growth Area (BIMP-EAGA). This is a sub-regional cooperation group initiated in the 1990s that has since fallen dormant.

The port is being envisaged as a PPP project with a concessionaire undertaking the financing, development as well as operation and maintenance in exchange for the right to recover its cost through charging of fees for the use of the port facilities and services.

About the Author

Vincent Wee

Hong Kong and South East Asia Correspondent

Vincent Wee is Seatrade's Hong Kong correspondent covering Hong Kong and South China while also making use of his Malay language skills to cover the Malaysia and Indonesia markets. He has gained a keen insight and extensive knowledge of the offshore oil and gas markets gleaned while covering major rig builders and offshore supply vessel providers.

Vincent has been a journalist for over 15 years, spending the bulk of his career with Singapore's biggest business daily the Business Times, and covering shipping and logistics since 2007. Prior to that he spent several years working for Brunei's main English language daily as well as various other trade publications.

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