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Seven groups vie for $530 million Philippine airport project

Published on Apr 22, 2013 4:18 PM

MANILA (REUTERS) - Seven groups, including foreign firms, have placed bids for a new US$430 million (S$530.30 million) passenger terminal project as the Philippines' international airport in central Cebu province, the transportation agency said on Monday.

Bidders included the GMR Infrastructure and Megawide Consortium; AAA Airport Partners; the Filinvest Land Inc and CAI Consortium; and the Metro Pacific Investments JG Summit Airport Consortium.

San Miguel Corp, which was recently named as the preferred bidder for a 15.5 billion peso (S$ 466.8 million) Manila airport expressway, also participated in the first round of bids for the Mactan-Cebu facility together with Incheon Airport Co.

Other firms prequalifying for the bid were the First Philippine Holdings Corp Infratil Asia Ltd group; and Premier Airport Group of SM Investments Corp.

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