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MANILA, Philippines – Subsidiaries of Metro Pacific Investments Corp. (MPIC) and San Miguel Corp. (SMC) submitted their bids for the government’s NAIA Expressway project Monday, April 8.
Public-Private Partnership (PPP) Center Executive Director Cosette Canilao told Rappler in a text message the two groups submitted technical and financial bids for the P15.86-billion project.
Canilao said the Department of Public Works and Highways “would evaluate the technical bids,” while the financial bids would be opened on April 15.
“Two submitted bids today, SMC and MNTC,” she said.
Manila North Tollways Corp. (MNTC) is the tollway unit of Manuel V. Pangilinan-led MPIC. San Miguel, headed by businessman Ramon Ang, made its bid through Optimal Infrastructure Development Corp.
NAIA Expressway is the first PPP project to be bid out in 2013. It was one of 8 infrastructure projects “rolled out” by government in 2012.
Aside from SMC and MNTC, other prospective bidders initially identified by the PPP Center included ACI Consortium of the Ayala group and IL & FS Transportation Network.
NAIA, Skyway, Cavite link
The project will consist of a 4-lane, 7.75-km elevated expressway and a 2.22-km, at-grade feeder road that will provide access to NAIA Terminals 1, 2 and 3, and link the Skyway and the Manila-Cavite Toll Expressway.
It will start at the existing Skyway, then follow the existing road alignments over Sales Avenue, Andrews Avenue, Domestic Road, and NAIA Road. It will have entry and exit ramps at Roxas Boulevard, Macapagal Boulevard, and the integrated tourism estate Entertainment City of Pagcor.
The project will be crucial in getting tourists and gamers from the Manila airport to the Entertainment City, where 4 Pagcor license holders are building casino-hotel complexes.
The casino operators — Enrique Razon’s Bloomberry Resorts Corp., Henry Sy’s Belle Corp., Andrew Tan’s Travellers group, and Japanese billionaire Kazuo Okada’s Universal Entertainment Corp. — earlier agreed to shoulder part of the expressway project cost. – Rappler.com
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