The Philippine Fisheries Development Authority has launched a PHP 191.5 million tender for design and construction of the Masantol Modern Fish Market, alongside a 20 MT ice plant and ice storage infrastructure.
The Philippine Fisheries Development Authority (PFDA) has officially invited tenders for the Design and construction of Masantol Modern Fish Market and 20 MT Ice Plant and Ice Storage. Backed by an approved budget of PHP 191.5 million, the competitive procurement process is scheduled to close on July 27, 2026. The PFDA is a government-owned corporation responsible for promoting the development of the fishing industry and operating major fish ports in the Philippines.
This development marks a crucial modernization step for local aquaculture logistics. By upgrading physical marketplaces and establishing dedicated cold chain infrastructure, the project aims to minimize post-harvest losses and improve the distribution efficiency of marine products. Efficient refrigeration is essential to stabilizing local food supply chains and maintaining regional seafood quality. The initiative directly impacts the construction, civil engineering, and industrial refrigeration industries in Southeast Asia.
For commercial contractors, this project provides a significant infrastructure contract opportunity, while highlighting the broader public policy push toward modernizing rural agricultural hubs. Enterprises specializing in food logistics and cold chain technology stand to gain from downstream operational demands. For investors and market participants, the project underscores expanding public expenditure on infrastructure aimed at enhancing food security. Upgraded municipal markets mitigate operational bottlenecks for regional distributors and boost commercial throughput.
This tender is published on Bidsinfo.com, and full details can be accessed via https://www.bidsinfo.com/ref/36210905/design-and-build-of-masantol-modern-fish-market-and-20-mt-ice-plant-and-ice-storage.
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