Saturday, August 1, 2009

Guam offers big opportunities for contractors

Local contractors could take advantage of the subcontracting business opportunities that Guam can offer over the next few years.

A government report showed that Guam's construction activities for the operational training housing and other infrastructures relating to military build-up will go full blast in 2010.

“Since the US and Japan are funding the buildup, their contractors will be given priority. But since the projects are big, it is expected that the main contractors will sub-contract some portions of the projects.

This is where Philippine contractors could come in as sub-contractors or manpower service providers," the report said.

The government is confident that Filipino firms could get these contracts owing to the country’s proximity with Guam and previous experiences of US and Japanese contractors working with Filipino contractors, engineers and workers. By EDU LOPEZ - Manila Bulletin

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