How PH firms chose foreign partners for Cebu airport bid

It was not enough that the biggest business groups in the country teamed up with their local peers when they vied for the chance to expand the country’s 2nd busiest airport. They were also required to find foreign partners to compensate for their lack of expertise in airport operations. The Gotianun-led FilInvest bagged Changi Airport International after a ‘courtship’ period with the Singapore airport operator, which has an ownership structure that the local group found to be compatible with theirs. The Ayala and Aboitiz partners tapped ADC & HAS, which operates airports in the US of the same size as the Mactan-Cebu’s. MPIC said they chose Aeroports de Lyon for for technical savviness, while San Miguel Corp. inked a deal with South Korea’s Incheon International Airport because of ‘good relationship.’ At stake is the P17-billion Mactan-Cebu project meant to accommodate increasing number of travelers.


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