Regions

Philippine regulator says bidding for PHP 17.5 billion Mactan Cebu International Airport project set in November

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September 20
7:23 AM 2013

The Department of Transportation and Communications (DOTC) announced the bidding for the Mactan Cebu International Airport project would happen in November. The bidding for the PHP 17.5 billion project was originally set for August. It was postponed because of alterations the regulator wanted to make to the concession agreement.

DOTC Spokesman Migs Sagcal said the date of submission for the bids would be on November 15. He said, "We have been working hard to find the balance between government and private sector interests. This gives sufficient time for the bidders to finalize their proposals."

There were already seven groups that were already pre-qualified for the project. ABS-CBN News reported these prequalified bidders included Metro Pacific Investments Corp. - JG Summit airport consortium; AAA Airport Partners; Filinvest - CAI consortium; San Miguel Corp. - Incheon Airport consortium; First Philippine Airports consortium and Infratil Asia Ltd; Premier Airport group led by SM Investments Corp., Citadel Holdings Inc. and the operator of Zurich (Switzerland) airport; and GMR Infrastructure (operator of airports in India, Turkey, Maldives) - Megawide consortium.

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