Bilyonaryo Ramon S. Ang-led San Miguel Corp. and India’s GMR Group have set their sights on the P171-billion contract for the rehabilitation and operation of the Ninoy Aquino International Airport (NAIA).
Transportation Secretary Jaime Bautista, speaking to reporters in Indonesia, revealed that SMC and Megawide’s partner in the Mactan-Cebu International Airport, had acquired bidding documents as the government opened the selection process for the NAIA modernization project.
SMC’s wholly owned subsidiary, San Miguel Aerocity Inc., is currently engaged in the construction of the P734 billion New Manila International Airport, situated on a 2,565-hectare property in Bulacan. This ambitious project is set to feature four parallel runways, a world-class terminal, and a comprehensive infrastructure network, including expressways and railway connections.
In addition to SMC and GMR, a formidable consortium, comprising seven of the country’s major conglomerates, had also expressed its intention to bid for the rehabilitation of the country’s primary international gateway.
The consortium includes AC Infrastructure Holdings Corp. of the Ayala family, Lucio Tan’s Asia’s Emerging Dragon Corp., Andrew Tan’s Alliance Global – Infracorp Development, Gotianun-led Filinvest Development Corp. and the Gokongwei family’s JG Summit Infrastructure Holdings Corp.
Under the government’s invitation to bid, prospective bidders will gain access to the concession agreement and pertinent project-related documents via a virtual data room upon payment of a participation fee amounting to P2.75 million or $50,000.