spot_img
28.6 C
Philippines
Friday, September 20, 2024

MPIC still interested in 5 regional airports

- Advertisement -

Infrastructure conglomerate Metro Pacific Investments Corp. said it remains interested in the contract to operate and maintain the five regional airports despite the changes in bidding terms.

“It looks like its a major change from was it was. But we will still look at it,” Metro Pacific chairman Manuel Pangilinan said.

The Transportation Department said it would bid out the five regional airports individually, a change from the previous administration’s plan to hold only two auctions with two packages.

The five provincial airports in the PPP bundle are the P20.26-billion Bacolod-Silay International Airport and the P30.4-billion Iloilo International Airport under package 1, and the P14.62-billion Laguindingan Airport, P2.34-billion New Bohol (Panglao) Airport and P40.57-billion Davao International Airport under package 2.

The Transportation Department earlier pre-qualified Maya Consortium led by Aboitiz Equity Ventures, Philippine Airports Consortium of Metro Pacific Investments Corp., San Miguel Holdings Corp.-IIAC Airport Consortium, GMR-Megawide Consortium and Filinvest-JATCO-Sojitz Consortium for the project.

LATEST NEWS

Popular Articles