The Department of Transportation said the construction of the new Mactan Cebu International Airport is on track for opening in June this year.
The agency said the new world-class passenger terminal building in MCIA was now 89-percent compete and would open for commercial operations in June.
It said the terminal building would have a capacity of about 13 million passengers annually and cater to both domestic and international operations.
GMR-Megawide Consortium won a 25-year concession agreement in December 2013 that involved the renovation of Terminal 1 of Mactan Cebu airport and the design, financing, construction and operation of a second terminal. It submitted the highest bid of P14.4 billion.
The P14.4-billion premium paid by GMR-Megawide was on top of the P17.5 billion to be spent on a new passenger terminal.
Project funding for MCIA was completed in 2014 through a consortium of led by BDO Capital and Investment Corp. and the Asian Development Bank.
The consortium also won the engineering, procurement and construction contract for the Clark International Airport new terminal building.
Megawide-GMR submitted the lowest financial proposal for the airport expansion project at P9.36 billion on Dec. 14.
The new terminal building broke ground on Dec. 20, 2017 at Clark Civil Aviation Complex in Pampanga. The new terminal will accommodate an additional eight million passengers per annum.
Clark International Airport is envisioned to become Asia’s next premier gateway and is expected to help decongest Ninoy Aquino International Airport.
Clark airport currently has an annual capacity of four million passengers. Airlines operating in Clark include Qatar Airways, Cebu Pacific, Tigerair, Jin Air, Asiana Airlines, Dragon Air, AirAsia Berhad, Philippine Airlines and Emirates Airlines.
These airlines mount flights to Hong Kong, Singapore, Bangkok, Macau, Pudong, Incheon, Doha, Dubai, Davao, Cebu and Kalibo.
