PPP deal involves Davao, Laguindingan, New Bohol, Iloilo, Bacolod airports
Conglomerates Aboitiz Equity Ventures, Inc. and Metro Pacific Investments Corp. are vying for the regional airports project under the government’s public-private partnership (PPP) program.
In separate disclosures to the Philippine Stock Exchange yesterday, the two holding companies said they submitted pre-qualification documents to the Department of Transportation and Communication (DOTC) for the bidding of the operation, maintenance and expansion of five regional airports, namely, Davao, Laguindingan, New Bohol, Iloilo and Bacolod.
Aboitiz Equity said it has formed a consortium called Maya Consortium with VINCI Airports, which manages and operates 24 airports in France, Portugal and Cambodia.
Metro Pacific, meanwhile, said it holds 60 percent of the Philippine Airports Consortium, which is bidding for the project. Its partner, which holds the remaining 40 percent, is the Philippines Airports Management Co., a joint venture between Aéroports de Paris Management SA and Turkish operator TAV Havalimanlari Holdings A.S.
Aeroports de Paris manages the Paris-Charles de Gaulle, Paris-Orly and Paris-Le Bourget, among others, while TAV operates 14 airports in Turkey, Georgia, Tunisia, Macedonia, Saudi Arabia, Croatia and Latvia.
In a statement, DOTC said the regional airports project will be bid out in two bundles.
Bundle 1 will include the P20.26-billion Bacolod-Silay Airport Project and the P30.4-billion Iloilo Airport Project.
Bundle 2 consists of the P40.57-billion Davao Airport Project, P14.62-billion Laguindingan Airport Project and the P2.34-billion New Bohol (Panglao) Airport Project.
These airports, which have been operating beyond their design capacity, served a total of around nine million passengers last year.
The Transportation department said improvements are needed to enhance passenger safety and convenience as well as ensure more efficient airport operations. The O&M contract will have a term of 30 years.
The opening of bids is scheduled in January 2016 while the award will follow in February.
The project will increase annual capacities to: 3.1 million passengers for Bacolod-Silay Airport; 4.5 million passengers for the Iloilo Airport; 6.7 million passengers for the Francisco Bangoy Airport in Davao, the third busiest airport in the country; and 4.3 million passengers for the Laguindingan Airport in Cagayan de Oro City.
In Bohol, the long-delayed airport in the resort island of Panglao is expected to be completed by contractor Mitsubishi-Chiyoda in 2017. It is designed for 1.7 million passengers a year. cars,” Duterte said.
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