Metro Pacific To Bid for NAIA PPP


Metro Pacific Investments Corporation expressed interest in bidding for the P74.5-billion contract to operate and maintain Ninoy Aquino International Airport.

IMG_20141029_151320
Ninoy Aquino International Airport Terminal 3

“Yes, I heard about it…We are discussing. We will look at it. We don’t know the terms yet obviously,” Pangilinan, Metro Pacific chairman, told reporters over the weekend.

The National Economic and Development Authority board headed by President Rodrigo Duterte approved last September 14 the NAIA project, which involves awarding a 15-year to 20-year concession to the private sector to improve, operate and maintain the four terminals of NAIA.

Transportation Undersecretary for Aviation and Airports Robert Lim said the agency was in the process of finalizing the terms for the bidding of redevelopment, operation and maintenance of NAIA. “By January next year, we will release the advertisement to invite interested companies to bid in the project,” Lim said.

Other companies also expressed interest in joining the bidding. “We are very interested in the Naia when that is privatized,” Aboitiz Equity Ventures president and chief executive Erramon Aboitiz said earlier.

The private partner of the Naia PPP project will improve, upgrade and enhance the operational efficiencies of all existing terminals covering both landside and airside (except air traffic services) to meet the International Civil Aviation Organization standards and develop the main gateway airport of the Philippines.

It is a project of the Transportation Department and Manila International Airport Authority. The NAIA PPP project was one of nine projects approved by NEDA costing Php. 171.14 billion.

Source: Alena Mae S. Flores, http://thestandard.com.ph/

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s