Seven groups vie for $530 million Philippine airport project
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.