NAIA PPP Project


After the successful awarding of the Mactan-Cebu International Airport PPP, it is now the turn of Ninoy Aquino International Airport (NAIA).

So far, three local companies have expressed interest in bidding for the Php. 74.6 billion contract to modernize and operate Manila’s NAIA. Metro Pacific Investments Corporation, San Miguel Corporation and Ayala Corporation are eyeing the country’s most coveted airport PPP project.

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Ramon Ang, president and chief operating officer of SMC, said Wednesday that they planned to join the bid. “We will join all the bidding [of PPPs] to support the government,” Ang said.

Rene Almendras, Ayala managing director and CEO of AC Infrastructure Holdings, said the group was studying the project.

“We are definitely looking at it,” Almendras said. “I met a few foreign partners abroad. So there are many people who will be looking. We want to make sure we put a good team. It’s a complex project, an international gateway.”

The NAIA development project was initially planned under the Aquino administration. The National Economic and Development Authority board approved the project only last week.

In its initial version under the Aquino administration, the NAIA development project was aimed at transforming the Philippines’ main gateway “into a world-class modern airport facility.” The private partner was also expected to upgrade existing terminals to increase capacity and handle operations and maintenance activities.

Apart from the NAIA PPP, the government also plans to pursue a PPP to develop and modernize the Bacolod-Silay, Iloilo, Davao, Laguindingan and New Bohol airports in a deal that has lured San Miguel Corp., Metro Pacific, Aboitiz, JG Summit and Megawide Construction Corporation apart from international players.

In 2013, most of the country’s largest conglomerates participated in a bidding for the contract to expand and operate the Mactan Cebu International Airport, which was bagged by a consortium between Megawide and India’s GMR Infrastructure.

Source: Miguel R. Camus, PDI.

 

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