By BERNIE CAHILES-MAGKILAT
Manila Bulletin, Friday, August 13, 2010
SM Land Inc. has offered to invest P20 billion for the development
of the 33.1 hectare prime government property south of Fort Bonifacio
and a secured yearly revenues totaling P25.9 billion over a 20-year
period.
The state-owned Bases Conversion and Development Authority (BCDA)
Thursday announced that SMLI’s unsolicited joint venture proposal
would be subject to competitive challenge as required under Annex
C of the NEDA Joint Venture (JV) Guidelines.
SMLI’s proposal includes an upfront cash of P2 billion upon signing
of the JV contract and secured yearly revenues, totaling P25.9
billion for 20 years, for a present value of P36,900 per square
meter. Investment commitment of SMLI for the project stands at a
minimum of P20 billion.
The property is composed of lands presently occupied in part by
the Army Support Command (ASCom) and Special Services Unit (SSU)
of the Philippine Army and in part by the Bonifacio Naval Station
and Philippine Marine Corps of the Philippine Navy.
These lands were transferred and subsequently titled to BCDA for
disposition/sale pursuant to the BCDA charter (R.A. 7227), which
was passed into law in 1992 during the administration of President
Corazon Aquino. These lands are outside the areas earlier
identified by President Noynoy Aquino for long-term lease to
generate funds to augment the AFP Modernization budget in his
State-of-the-Nation Address (SONA).
BCDA said that SMLI shall advance the funds for and undertake the
replication of military facilities affected by the development of
the property. Final determination of the replication cost of
affected military facilities is currently being undertaken.
Under the BCDA law, bulk of the disposition proceeds from Fort
Bonifacio and Villamor Air Base goes to the AFP Modernization Fund
which urgently needs more cash infusions as well as the AFP
replication and relocation expenses.
As of December 31, 2009, BCDA has generated P46.495 billion in
disposition proceeds.
Sunday, August 22, 2010
SM Land offers P48 B for dev't of Fort Boni lot
By Ma. Elisa P. Osorio
The Philippine Star Business, Friday, August 13, 2010
Henry SY-led SM Land Inc (SMLI) has offered nearly P48 billion to develop a 33.1-hectare lot south of Fort Bonifacio in Taguig City.
The Bases Conversion and Development Authority (BCDA)has called for counter-proposal to SMLI's unsolicited bid for the property occupied by the Philippine Army and Philippine Navy.
BCDA said interested developers will have to top SMLI's proposal to put out P2-billion upfront cash upon contract signing and remittances worth P25.9 billion over 20 years. SMLI will also be investing another P20 billion to develop the area, and has promised to advance the funds for relocating the military facilities.
Under the government's join venture rules for such "Swiss Challenges," SMLI will bag the contract if it can match the highest counter-offer.
The property is composed of lands presently occupied in part by the Army Support Command (ASCom) and Special Service Unit (SSU) of the Philippine Army and in part by the Bonifacio Naval Station and Philippine Marine Corps of the Philippine Navy.
Under the Bonifacio South master plan for the lot, the area would be developed into a medium-to-high-density residential and mix use complex, with a strong institutional component and has a maximum allowable gross floor area of 1.355 million sq.m.
BCDA is confident that the government will be able to take advantage of the strong real estate sector at present. The disposition will also answer in part the urgent need for funds for the AFP modernization program and other government projects.
The Philippine Star Business, Friday, August 13, 2010
Henry SY-led SM Land Inc (SMLI) has offered nearly P48 billion to develop a 33.1-hectare lot south of Fort Bonifacio in Taguig City.
The Bases Conversion and Development Authority (BCDA)has called for counter-proposal to SMLI's unsolicited bid for the property occupied by the Philippine Army and Philippine Navy.
BCDA said interested developers will have to top SMLI's proposal to put out P2-billion upfront cash upon contract signing and remittances worth P25.9 billion over 20 years. SMLI will also be investing another P20 billion to develop the area, and has promised to advance the funds for relocating the military facilities.
Under the government's join venture rules for such "Swiss Challenges," SMLI will bag the contract if it can match the highest counter-offer.
The property is composed of lands presently occupied in part by the Army Support Command (ASCom) and Special Service Unit (SSU) of the Philippine Army and in part by the Bonifacio Naval Station and Philippine Marine Corps of the Philippine Navy.
Under the Bonifacio South master plan for the lot, the area would be developed into a medium-to-high-density residential and mix use complex, with a strong institutional component and has a maximum allowable gross floor area of 1.355 million sq.m.
BCDA is confident that the government will be able to take advantage of the strong real estate sector at present. The disposition will also answer in part the urgent need for funds for the AFP modernization program and other government projects.
Saturday, August 21, 2010
Puerto Princessa massacre suspected nabbed
By Alexis Romero
Philippine Star, Friday, August 13, 2010
Police arrested a former helper, believed to behind the
massacre of retired Navy Lt. Commander Ernesto Paiton,
his wife, daughter and two other relatives in Puerto
Princessa, Palawan on Aug. 9.
Senior Superintendent Agrimero Cruz Jr., spokesman of
the Philippine National Police (PNP), said local police
apprehended Florencio Magada, 37, after his description
matched the information given by witnesses.
"Elements of Special Investigation Task Group picked up
Magada for questioning on Paiton killings," said Cruz.
In a police lineup, the suspect positively identified by
the witness as the one fleeing the crime scene wearing a
blue jacket and bloodied pants. Police recovered the blue
jacket in the possession of the suspect.
Police also recovered a khaki belt bag, bull cap, infant
shirt with blood stain, a blood stained white t-shirt and
two bolos measuring 23.4 inches and 21.7 inches.
Investigators will ask the Scene of the Crime Operatives
to get a swab from the bolo to check the presence of the
blood of the victims.
Cruz said other corroborative evidences are being gathered
for filling of the case in court for five counts of murder
for the killing of paiton, 59; his wife, Chief Petty Officer
Carmelita, 55; their daughter Erlita, 21; niece Sharon Cabatuan,
19; and nephew Renato Cabatuan, 17.
In a phone interview, Senior Superintendent Caesar Daniel
Miranda, Puerto Princessa City police chief, said magada was
arrested in his house in Barangay Bacungan, also in Puerto
Princessa at around 2 a. m. yesterday morning.
Aside from the massacre, Miranda said Magada has two standing
warrants of arrest for rape in relation with Republic Act 7610
or the anti-child abuse law, which also took place in the city.
The warrant was issued by judge Jose bayani Usman issued on Oct.
14 2009.
Miranda noted that they are still verifying if Magada committed
the crime alone or with an accomplice, including the driver of
the tricycle he used when he escaped.
Cruz said the suspect used to work as a caretaker of the farm of
Paiton, in Barangay Bacungan, for six years but was terminated
last year for still unknown reason.
"Since then he got angry with the victims. There was also
information that the suspect was seen sharpening his bolo," he
added.
For its part, the Philippine Navy welcomed the arrest of the
suspect behind last Monday's massacre in Puerto Prncessa.
"The Philippine Navy led by its Flag Officer-in-Command Rear
Admiral Danilo Cortez is comforted by the report that the suspect
was already apprehended by the police," Navy spokesman Lt, Col.
Edgard Arevalo said in a text message.
He said the murder of the Paiton couple and three others was
"gruesome" and calls for the giving of justice.
"We congratulate the members of the team led by the PNP for
the immediate resolution of the crime by bringing the purported
killer to the bar of justice," Arevalo said.
Philippine Star, Friday, August 13, 2010
Police arrested a former helper, believed to behind the
massacre of retired Navy Lt. Commander Ernesto Paiton,
his wife, daughter and two other relatives in Puerto
Princessa, Palawan on Aug. 9.
Senior Superintendent Agrimero Cruz Jr., spokesman of
the Philippine National Police (PNP), said local police
apprehended Florencio Magada, 37, after his description
matched the information given by witnesses.
"Elements of Special Investigation Task Group picked up
Magada for questioning on Paiton killings," said Cruz.
In a police lineup, the suspect positively identified by
the witness as the one fleeing the crime scene wearing a
blue jacket and bloodied pants. Police recovered the blue
jacket in the possession of the suspect.
Police also recovered a khaki belt bag, bull cap, infant
shirt with blood stain, a blood stained white t-shirt and
two bolos measuring 23.4 inches and 21.7 inches.
Investigators will ask the Scene of the Crime Operatives
to get a swab from the bolo to check the presence of the
blood of the victims.
Cruz said other corroborative evidences are being gathered
for filling of the case in court for five counts of murder
for the killing of paiton, 59; his wife, Chief Petty Officer
Carmelita, 55; their daughter Erlita, 21; niece Sharon Cabatuan,
19; and nephew Renato Cabatuan, 17.
In a phone interview, Senior Superintendent Caesar Daniel
Miranda, Puerto Princessa City police chief, said magada was
arrested in his house in Barangay Bacungan, also in Puerto
Princessa at around 2 a. m. yesterday morning.
Aside from the massacre, Miranda said Magada has two standing
warrants of arrest for rape in relation with Republic Act 7610
or the anti-child abuse law, which also took place in the city.
The warrant was issued by judge Jose bayani Usman issued on Oct.
14 2009.
Miranda noted that they are still verifying if Magada committed
the crime alone or with an accomplice, including the driver of
the tricycle he used when he escaped.
Cruz said the suspect used to work as a caretaker of the farm of
Paiton, in Barangay Bacungan, for six years but was terminated
last year for still unknown reason.
"Since then he got angry with the victims. There was also
information that the suspect was seen sharpening his bolo," he
added.
For its part, the Philippine Navy welcomed the arrest of the
suspect behind last Monday's massacre in Puerto Prncessa.
"The Philippine Navy led by its Flag Officer-in-Command Rear
Admiral Danilo Cortez is comforted by the report that the suspect
was already apprehended by the police," Navy spokesman Lt, Col.
Edgard Arevalo said in a text message.
He said the murder of the Paiton couple and three others was
"gruesome" and calls for the giving of justice.
"We congratulate the members of the team led by the PNP for
the immediate resolution of the crime by bringing the purported
killer to the bar of justice," Arevalo said.
Military real estate na 'di na kailangan hiniling na ibenta
Ni Beth A.
Remate, Huwebes, 12 Agosto 2010
Mismong ang dating militar at senador at ngayo'y congressman
na si Rep. Rodolfo Biazon ang nagpanukalang ibenta na ang mga
hindi na kinakailangang ariarian, kampo at lupain ng militar
sa buong bansa upang magamit sa modernisasyon ng Armed Forces
of the Philippines.
Dahil dito, hiniling ng dating senador sa kanyang panukala sa
Kamara na aprubahan ang kanyang panukala na nagbibigay ng
awtorisasyon kay Pangulong Benigno C. Aquino III na tukuyin
ang mga military real estate na maaaring ibenta.
Nanniwala ang kinatawan ng Muntinlupa na ang kanyang isinulong
na House Bill 1162 ay makatutulong sa pagtukoy ng mga pwedeng
ibentang military camps at reservations sa buong bansa para sa
mabilisang pagpapatupad ng planong modernisasyon sa AFP.
Matatandaang inihayag ni Pangulong Arroyo sa kanyang State of
the Nation Address na isa sa priority program ng kanyang
administrasyon ang AFP modernization kaya ikinokonsidera ang
alok na $100 milyon ng grupo ng ilang dayuhang mamumuhunan para
sa upa ng Philippine Navy Headquarters sa Roxas Blvd. at Naval
Station sa Fort Bonifacio.
Inalok din ng mga imbestor na kanila ring gagastusan ang paglilipat
ng PN headquarters sa Camp Aguinaldo at i-remit sa Philippine
government ang kikitain ng negosyong kanilang itatayo.
Ayon sa solon hindi lubos na naipapatupad ang Republic Act 7898,
na mas kilala na AFP Modernization Act, na naging batas noon pang
February 23, 1995 na may alokasyong P50 billion sa loob ng 5 taon
para sa modernization program.
Hinihiling ng nasabing panukala ang pagtatag ng Military Real
Estate Development Authority na siyang mangangasiwa sa pagbebenta
at pamamahala sa development ng military real estate.
Remate, Huwebes, 12 Agosto 2010
Mismong ang dating militar at senador at ngayo'y congressman
na si Rep. Rodolfo Biazon ang nagpanukalang ibenta na ang mga
hindi na kinakailangang ariarian, kampo at lupain ng militar
sa buong bansa upang magamit sa modernisasyon ng Armed Forces
of the Philippines.
Dahil dito, hiniling ng dating senador sa kanyang panukala sa
Kamara na aprubahan ang kanyang panukala na nagbibigay ng
awtorisasyon kay Pangulong Benigno C. Aquino III na tukuyin
ang mga military real estate na maaaring ibenta.
Nanniwala ang kinatawan ng Muntinlupa na ang kanyang isinulong
na House Bill 1162 ay makatutulong sa pagtukoy ng mga pwedeng
ibentang military camps at reservations sa buong bansa para sa
mabilisang pagpapatupad ng planong modernisasyon sa AFP.
Matatandaang inihayag ni Pangulong Arroyo sa kanyang State of
the Nation Address na isa sa priority program ng kanyang
administrasyon ang AFP modernization kaya ikinokonsidera ang
alok na $100 milyon ng grupo ng ilang dayuhang mamumuhunan para
sa upa ng Philippine Navy Headquarters sa Roxas Blvd. at Naval
Station sa Fort Bonifacio.
Inalok din ng mga imbestor na kanila ring gagastusan ang paglilipat
ng PN headquarters sa Camp Aguinaldo at i-remit sa Philippine
government ang kikitain ng negosyong kanilang itatayo.
Ayon sa solon hindi lubos na naipapatupad ang Republic Act 7898,
na mas kilala na AFP Modernization Act, na naging batas noon pang
February 23, 1995 na may alokasyong P50 billion sa loob ng 5 taon
para sa modernization program.
Hinihiling ng nasabing panukala ang pagtatag ng Military Real
Estate Development Authority na siyang mangangasiwa sa pagbebenta
at pamamahala sa development ng military real estate.
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