29-Nov-2013 2:10 PM

Seven consortia submit bids for Mactan Cebu Airport PPP construction and operation project

Philippines' Department of Transportation and Communications (DOTC) reported (28-Nov-2013) all seven prequalified groups submitted bids for the PHP17.5 billion (USD400 million) Mactan Cebu International Airport terminal construction and operation contract. The project is the first public-private partnership (PPP) offered for an airport in the country. As previously reported by CAPA, the project involves construction of a new passenger terminal, rehabilitation of the existing terminal and operation of the airport. The bidders comprise AAA Airport Partners, led by Aboitiz Equity Ventures and Ayala Group; a consortium of Metro Pacific Investments and JGS Airport Holdings; Filinvest-CAI, led by Filinvest Development and Changi Airport Group; a consortium of Incheon Airport and San Miguel; First Philippine Airports, including First Philippine Holdings, Infratil Asia and Malaysia Airports Holdings; Premier Airport Group, led by Citadel Holdings, SM Investments and Zurich Airport; and a consortium of GMR Infrastructure and Megawide Construction. [more - original PR]