SUMMARY
This is AI generated summarization, which may have errors. For context, always refer to the full article.
MANILA, Philippines – It’s another case of familiar names in different public-private partnership (PPP) projects. (READ: Why same firms are vying for PH infra projects)
Metro Pacific Investments Corporation and JG Summit Holdings Incorporated; San Miguel Corporation (SMC); GMR-Megawide Group; Philippine Skylanders; and the Aboitiz Group are joining the bid for 5 regional airports projects worth P108.19 billion ($2.4 billion) of the Department of Transportation and Communications (DOTC).
The DOTC has divided the 5 regional airports into two bundles to attract more investors in the dual-stage bidding process.
These 5 regional airports are Bacolod, New Bohol, Davao, Iloilo, and Laguindingan.
Bundle 1 has the Bacolod-Silay and Iloilo airports while bundle 2 is composed of Laguindingan, Davao, and Bohol (Panglao) airports.
DOTC will be bidding out the development, operations and maintenance of these airports in 2 bundles.
DOTC Undersecretary Rene Limcaoco told participants of the pre-qualification conference on Tuesday, April 7, that interested bidders have until May 18 to submit their qualification documents.
Interested bidders could bid for both bundles but could only win one regional airport bundle, Limcaoco explained.
The Aquino administration so far has awarded 9 PPP projects; 16 are in the process of being bid out, including the regional airports projects; and over 30 other projects are in various stages of development. – Rappler.com
$1 = P44.55
Add a comment
How does this make you feel?
There are no comments yet. Add your comment to start the conversation.