MacroAsia Corp is in talks with a strategic partner in bidding for the $10-billion Sangley International Airport.
Joseph Chua, MacroAsia president and chief operating officer, declined to identify the company .
“Yes, in Sangley, there would be (a partner) definitely. It’s a big project we cannot do it alone,” Chua told reporters at the recent Lufthansa event in Paranaque City.
Chua said MacroAsia will submit a bid for Sangley this month under an extended deadline, giving the company more time to line up the consortium.
MacroAsia Corp. unit MacroAsia Properties Development Corp. (MAPDC) and six more firms including Metro Pacific Investment Corp., China Communications Construction Co. , Philippine Airport Ground Solutions Inc., Mosveldtt Law offices, Langham Properties Inc. and PICTO have bought the P10-million bid documents for the Sangley airport.
Last week, the Cavite local government extended the deadline for the submission of bids from November 25 to December 17. Awarding of the project was moved to Jan. 12, 2020.
Construction of the Sangley airport is targeted to start by first quarter next year.
Phase 1 involves the construction of a single runway and a passenger terminal with a capacity of 20 million passengers per year. This phase will be completed in three years.
Phase 2 involves the construction of four runways and a passenger terminal with a capacity of 100 million passengers.
The provincial government of Cavite is the lead proponent and implementing agency of the project under the provincial government’s public-private partnership scheme.
The Cavite government would separately bid out the operations and maintenance of the new international airport.
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.