Transportation Secretary Jimmy Bautista is brimming with confidence as the Philippines prepares for the bidding for the P171 billion contract to rehabilitate the Ninoy Aquino International Airport (NAIA).
This optimism comes on the heels of five potential bidders expressing their keen interest in participating in the upcoming auction.
This marks a stark departure from past administrations, which grappled with multiple failed bidding attempts.
Two more firms, Spark 888 Management Inc. Asian Airport Consortium, recently entered the fray by securing bid documents, intensifying the competition.
The DOTr has opted to remain tight-lipped regarding the identities of these two new contenders.
The three other bidders that had already earlier bought bid documents were San Miguel Corp., India’s GMR, and the Manila International Airport Consortium, which comprises six of the country’s largest conglomerates.
San Miguel is actively engaged in the development of the P734 billion New Manila International Airport in Bulacan.
GMR is the partner of Megawide Corp. for the Mactan Cebu International Airport.
The Manila International Airport consortium is a formidable alliance comprising six of the country’s largest conglomerates, including AC Infrastructure Holdings Corporation, Aboitiz InfraCapital, Asia’s Emerging Dragon Corporation, Alliance Global – Infracorp Development Inc., Filinvest Development Corporation and JG Summit Infrastructure Holdings Corp.
The NAIA PPP Project will cover all facilities of the country’s main gateway, spanning runways, four terminals, and associated facilities.
This massive project is poised to usher in a new era of passenger experience, with the goal of increasing NAIA’s annual passenger capacity from its current 32 million to at least 62 million.
Additionally, it seeks to elevate air traffic movement from 40 to 48 flights per hour.
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