Aboitiz InfraCapital Inc. said it is unsure if it can participate in the bidding for the $10-billion Sangley International Airport because of possible monopoly issue.
“We are looking at the terms and modality. We are looking at the structure. We are looking at what we can and what we cannot do given that we have unsolicited proposal for NAIA [Ninoy Aquino International Airport,” InfraCapital chief operating officer Cosette Canilao said.
Canilao said monopoly was one of the issues that the company was considering as Aboitiz InfraCapital is a member of the NAIA Consortium that offered to rehabilitate and expand NAIA, the main gateway in Luzon.
Other members of the NAIA consortium are AC Infrastructure Holdings Corp., Alliance Global Group Inc., AEDC, Filinvest Development Corp., JG Summit Holdings Inc. and Metro Pacific Investments Corp.
DM Consunji Inc. earlier said the Sangley airport was not on its radar, while SM Investments Corp. said it was not planning to participate in the project.
Ayala Land Inc. said it was still evaluating the bidding for the Sangley airport project.
The deadline for securing a bid is Nov. 11, while the submission of bids is on Nov. 25, 2019. Interested bidders could purchase bid documents for P10 million.
The provincial government of Cavite is the lead proponent and implementing agency of the project under the local public-private partnership scheme. Cavite said it would no longer require the approval of the National Economic and Development Authority for the project’s implementation.
Cavite expects to award the project by end of November and start the construction by January next year. It would separately bid out the operations and maintenance of the new international airport.
Once completed, 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.