SM Prime taps Dutch, Chinese partners for Pasay reclamation 0 SHARES Share it! Boskalis said it has received the Provisional Letter of Acceptance for the Design and Construction contract for the Pasay Reclamation Development Project in Manila Bay in cooperation with CHEC from China. The project has an estimated value of approximately US$720 million (EUR 650 million) of which Boskalis’ share amounts to approximately EUR 325 million. For the reclamation activities Boskalis will deploy a number of trailing suction hopper dredgers over a period of two years including its mega hopper dredgers. The reclamation activities are expected to be completed within three years and the total project duration including land development is five years.

Source: Manila Bulletin December 07, 2019 14:03 UTC