Six groups bought bid documents for the construction of an international airport in Sangley Point in Cavite City, Cavite Governor Jonvic Remulla said Tuesday.
Remulla said Metro Pacific Investments Corp., DM Consunji Inc. and China Construction Co. were among the six parties that purchased bid documents for the $10-billion international airport project. He did not name the three other interested bidders.
Remulla said the reclamation component of the project would be worth at least $3 billion while the airport itself including the runway, terminal and others would cost another $7 billion.
“The deadline for the securing of bid is on Nov. 11. After that, they will submit their tender [offer] on, I think Nov. 25,” he said.
Remulla said the interested bidders could purchase bid documents for P10 million.
The Cavite government expects to award the project by end of November and start the construction by January next yer.
Remulla said the Cavite government would separately bid out the operations and maintenance of the new international airport.
The provincial government of Cavite is the lead proponent and implementing agency of the project which supports the Transportation Department’s multi-airport strategy to decongest Ninoy Aquino International Airport, the country’s main international gateway whose passenger volume was already 40-percent above its design capacity of 31 million passengers yearly.
The 1,500-hectare master-planned international airport hub will be fitted with four runways, airside and landside facilities, with an annual capacity of up to 130 million passengers.
The airport is expected to be at par with Singapore’s Changi International Airport, Hong Kong International Airport and South Korea’s Incheon International Airport as it is positioned to be the next biggest development in air transport innovation in the country.
It project would be pursued under the provincial government’s public-private partnership scheme. As such, it would no longer require the approval of the National Economic and Development Authority for implementation.
The selected JV partner will provide the necessary equity investment and credit enhancements subject to a further competitive process or price test, perform engineering, procurement and construction services for the land and airport development components.
Aside from the legal, technical and financial qualifications set by the provincial government, the selected JV partner should also pass the credit standards of project lenders.
The request for proposals will require project feasibility study, instructions to candidate JV partners and the draft joint venture and development agreement.
Transportation Secretary Arthur Tugade inspected the Sangley Airport Tuesday in preparation for the opening of the general aviation and cargo airport on Nov. 7.
This was ahead of the deadline set by President Rodrigo Duterte for the military air base to commence general aviation and turboprop cargo operations.