7 Big Consortiums compete for ₱17.5 billion Modern Cebu International Airport project

Old Mactan - Cebu International Airport 

Seven groups led by the country's largest business conglomerates, in partnership with key global aviation players, have placed bids for the 17.5 billion Mactan Cebu International airport project.

DOTC Undersecretary Jose Perpetuo Lotilla said the groups that submitted qualification documents yesterday included the following:

  • Metro Pacific Investments
  • JG Summit Airport Consortium
  • AAA Airport Partners
  • Filinvest Land Inc. and CAI Consortium
  • San Miguel Corporation and Incheon Airport Consortium
  • First Philippine Airports Consortium
  • Premier Airport Group of SM Investment Corporation
  • Indian-owned GMR Infrastructure and Megawide Consortium

First Pacific's MPIC of businessman Manuel V. Pangilinan has tied up with Gokongwei's JG Summit to form MPIC JGS Airport Holdings Inc. The group has tapped airport experts including French-owned Aeroports de Lyon and OVE Arup Group.

The AAA Airport Partners is led by the Ayala and Aboitiz Groups with consortium members including A2 Airport Partners as well as ADS & HAS Airports Worldwide Inc. The company has tapped Houston Airports Partners and the OVE Arup Group.

The third group is the Filinvest-CAI Consortium led by Gotianun's Filinvest Development Corporation and its foreign partner Changi Airports MENA (Middle East and North Africa) Pte Ltd. Partners include Filinvest Land Inc., Filinvest Alabang Inc., Cyberzone Properties Inc., EEI Corp., Bougues Batiment International, CPG Consultants Pte Ltd., Woods Bagot Pty Ltd., Meinhardt Philippines Inc., and Changi Airports Saudi Ltd.

On the other hand, SMC has tied up with International Airport Corporation to form the SMC-Incheon Airport Consortium that includes SMC's Optimal Infrastructure Development Inc., Incheon Airport International Corp., Mactan Capitana Holdings Inc., and Skylake Incuvest & Co. Partners are

Kumho Industrial Co. Ltd, Keun Jeong Architects and Engineers Co Ltd, and Aecom Asia Co Ltd.

The First Philippine Airports is a tandem between FPHC and Wellington-based Infratil Asia Ltd. The group's partners include Infratil's Wellington International Airport Ltd and NZ Airports Ltd as well as Rockwell Land Inc., Fentress Architects Inc., Buro Happold Consulting Engineers Inc., OVE Arup and Partners Hong Kong Ltd, Mott Macdonald Ltd, and First Balfour Inc.

Sy's Holding firm SM Investments Corp. leads the Premier Airport Group together with Citadel Holdings Inc., Zurich Airport International AG, and Prospector Investment Holdings Inc. Partners include mall developer and operator SM Prime Holdings Inc., construction giant DM Consunji Inc., and Flughafen Zurich AG.

The final group is the tandem of GMR Infrastructure Ltd of India and publicly-held Megawide Construction Corp. Partners include Delhi International Airport (P) Ltd, GMR Hyderabad International Airport, GMR Airport Developers Ltd, BL Kashyap and Sons Ltd, Vijay Nirman Co. (P) Ltd, Ove Arup and Partners Hong Kong Ltd, Louis Berger Group Inc., Foster + Partners, and Mott Macdonald Ltd.

Last year, GMR, which has presence in roads, power and airports sectors, had to make an unceremonious exit from Male International Airport after the local government cancelled its concession agreement. Currently, the matter is pending before an arbitration panel.

The Mactan-Cebu airport project involves the construction of a world-class passenger terminal building with a capacity of eight million passengers a year as well as the operation and maintenance of the old and new facilities include a 797-hectare property.

The successful bidder will be awarded a 20-year concession contract to operate, while the project will be developed in two phases at an estimated cost of 17.5 billion peso (the currency of Philippines).

MCIA is the second largest airport in the Philippines after Manila International Airport and had handled more than 6.2 million domestic and international passengers in 2011.

The airport is also a major gateway for various tourist destinations in central and southern provinces of Philippines.

With report from philSTAR and Times of India

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