7 vie for Sangley airport

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    Seven companies including conglomerate Metro Pacific Investment Corp., Lucio Tan firm MacroAsia Corp. unit MacroAsia Properties Development Corp. and China Communications Constructions Co. Ltd. have bought bid documents to formally join the bidding for the $10-billion Sangley International Airport in Cavite.

    Other firms that bought bid documents are Philippine Airport Ground Solutions Inc (PAGSS), Mosveldtt Law offices, , Langham Properties Inc. and PICTO.

    They all beat the 5 p.m. deadline yesterday.

    In a text message, Cavite Gov. Jonvic Remulla said the submission of bids is set on November 25 while the opening of bids is on December 12. The project is expected to be awarded by December.

    The project cost includes the reclamation at $3 billion and the construction of the airport ‘s runway and terminal, $7 billion.

    Construction for the Sangley Airport is targeted to start by first quarter next year. Pphase 1 involves the construction of a single runway and a passenger terminal with a 20-million passenger capacity per year. This will be completed in three years.

    The provincial government of Cavite is the lead proponent and implementing agency of the project 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.