Five groups shortlisted for Philippine airport PPP

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Five groups shortlisted for Philippine airport PPP

The Philippine Department of Transportation and Communications (DOTC) has shortlisted five groups for the bundled airports Public-Private Partnership (PPP) projects.

The five qualified bidder for the airport PPP projects are the following:

  • Filinvest-JATCO-Sojitz Consortium: Filinvest Development Corporation; Filinvest Land, Inc.; Filinvest Alabang, Inc.; Japan Airport Terminal Co., Ltd; Cyberzone Properties, Inc.
  • SMHC-IIAC Airport Consortium: San Miguel Holdings Corporation; Incheon International Airport Corporation; Star Infrastructure Development Corporation; Citra Metro Manila Tollways Corporation.

These PPP projects involve the development, operations and maintenance of five regional airports. The concession period will be 30 years. The total investment is estimated at about P110 billion (US$2.35 million).

The five regional airport projects were divided into two bundles: Package A, which includes Iloilo and Bacolod-Silay airports, has a total project investment estimated at  P50 billion (US$1.07 million), and Package B, which includes the Davao, Laguindingan, and New Bohol (Panglao) airports, has a total project investment estimated at P60 billion (US$1.28 billion).

The private partner will undertake the operation and maintenance of the airport as well as provide additional facilities and other necessary improvements to enhance passenger safety, security, access, passenger and cargo movement efficiency, and operational efficiency under a defined concession period.

 

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