The provincial government of Cavite will restart its search for a potential partner for the Sangley Point International Airport (SPIA) project after negotiations with tycoon Lucio Tan’s MacroAsia Corp. and China Communications Construction Co. Ltd. were terminated.
Cavite Governor Jonvic Remulla has cancelled the notice of selection and award given to MacroAsia and its Chinese partner in February 2020 on the recommendation of the Cavite Provincial Government Special Selection Committee.
The committee has recommended the non-approval of the redevelopment of the former airbase due to various deficiencies in the submission of the requirements to conclude the joint venture agreement.
“While it does cancel the negotiations, the project will restart and Hopefully (we will) have a successful negotiation with any qualified partner by October 2021,” Remulla said in a Facebook post.
He added: “I still believe that a new international airport is
Important for the country in the long run and it must be stressed that cancellation is not in prejudice of anyone applying again.”
Remulla told Reuters the consortium’s documentation was “deficient in three or four items”.
“We saw it as a sign they were not fully committed to the project,” Remulla said.
MacroAsia and its Chinese partner were the lone bidders for the SPIA for $10 billion and were given 90 days extension last September to submit the post-qualification documents.
The deadline was moved thrice and the consortium was able to make Partial submission on Sept. 12, 20202. The financial and legal documents were incomplete.
SPIA is among the biggest projects involving a Chinese firm under President Duterte.
The project would require the eviction of a military base in Sangley, a move opposed by the Philippine Navy.
Navy chief Vice Adm. Giovanni Carlo Bacordo said he wants the continued presence of the Navy in the area given its strategic location. He said the Navy wants to remain in the area “to ensure that there are no security violations.”
CCCC and MacroAsia’s proposal also involved massive reclamation in the southern
part of Manila Bay.
Initially, the local government of Cavite targeted to start the construction of
the project in 2020.
Phase one was to have an interim first runway designed to operate alongside the Ninoy Aquino International Airport, with an annual design capacity for
25 million passengers annually.
The second phase would have involved the development for a second runway, with an annual design capacity for 75 million passengers, expandable to up to four runways for an ultimate annual capacity of 130 million passengers. (with Reuters and V. Reyes)