The province received three bids for the project from local engineering and construction firms.
A consortium of Concor and Romero Camisa offered 36.2mn pesos (US$11.7mn) for the works, a consortium of Aclade and Gybhsa offered 33.9mn pesos, and Coarco offered 34.6mn pesos.
The project will be financed entirely by the provincial government.
Construction works are due to begin in 3-4 months and last a total of 18 months.
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