7 groups advance in Cebu airport bidding
MANILA, Philippines - The 7 consortia of the biggest conglomerates in the Philippines and their global aviation players advance to the next stage of the bidding for the project involving the country's 2nd busiest international airport.
On Wednesday, May 15, the Department of Transportation and Communications (DOTC) announce that the 7 groups were prequalified to proceed with the bidding for the P17.5 billion Mactan-Cebu International Airport expansion project.
The bidders submitted their prequalification forms last April 22.
The 7 groups of Filipino and foreign firms are:
- Metro Pacific Investments Corp. (MPIC) and JG Summit Holdings, Inc. (joint venture), with Aeroports de Lyon
- AAA Airport Partners (joint venture of Ayala Land and Aboitiz Equity Ventures), with ADC & HAS Airports, Inc
- Filinvest and Changi Airports Mena Pte Ltd
- San Miguel Corp. and Lucio Tan group (joint venture) and Incheon Airport International Corp.
- First Philippine Airports (consortium of Lopez-led First Philippine Holdings Corp. (FPHC) and Infratil Asia Ltd.
- Henry Sy's Premier Airport Group and Zurich Airport International AG
- Megawide Construction Corp. and GMR Infrastructure Limited. (joint venture)
The list involves the top Philippine conglomerates led by the country's richest and most powerful: Gokongwei, Manuel Pangilinan, Ayala, Aboitiz, Gotianun, Lucio Tan, Henry Sy, and Lopez.
The list also reveals who are the foreign firms and what their expertise are in airport projects. All local companies were required to take in foreign airport operators as partners to compensate for their lack of expertise in airport operations. - Rappler.com