Philippine Government Opens Bidding to Seven Groups for Airport Project
The government of the Republic of the Philippines have released a list of approved and qualified builders for a US$430 million airport project. According to the Department of Transportation and Communications, all seven bidders were approved for submission.
The groups included in the list are the world's top airport operators and the biggest conglomerates in the Philippines.
The project includes the construction of a new terminal that has an annual capacity of 8 million passengers at the international airport of Metro Cebu. The project also includes rehabilitation of the old terminal and running the operations of the entire airport facility.
Amongst the bidders are San Miguel Corp, SM Investments Corp, the consortium of Filinvest Development Corp and its foreign partner Changi Airports MENA Pte Ltd, the consortium consisting of Metro Pacific Investments Corp, JG Cummit Holdings Inc with Aeroports de Lyon of France and South Korea's Hyundai Engineering. The three others are the consortium of Infratil Asia Ltd of New Zealand, Wellington Int'k Airport and First Philippines Holdings Corp., the consortium of Megawide Construction Corp and Indian firms GMR Infrastructure Ltd and Delhi Int'l Airport Ltd and Ayala Corp, Aboitiz Equity Ventures and ADC & HAS Airports Worldwide Inc.