BCDA, DOTr to review Clark airport proposal of JG Summit, FDC

MANILA, Philippines — The Bases Conversion and Development Authority (BCDA) and the Department of Transportation (DOTr) are set to review the unsolicited proposal of the consortium composed of Filinvest Development Corp. (FDC), JG Summit Holdings Inc. and Changi Airports International for the long-term development of the Clark International Airport.

In a joint statement yesterday, the BCDA and DOTr said they have received the unsolicited proposal from the consortium.

“The DOTr and BCDA will thoroughly review the legal, technical, and financial aspects of the proposal within a specified timeline and strict deadline based on the required processes and regulations,” the joint statement read.

Last week, FDC and JG Summit announced they have submitted their unsolicited proposal to the BCDA and the DOTr which would involve the investment of P839 billion for the long-term development of the Clark International Airport.

Under the proposal, the consortium would augment the capacity of the airport, expand facilities including terminals and runways, as well as operate and maintain the existing and new passenger terminals.

The consortium also intends to develop, operate and maintain the commercial assets of the Clark International Airport, which include facilities for general aviation and fixed-base operations and real estate.

This offer is different from the P187 billion unsolicited proposal submitted by FDC and JG Summit earlier, as it does not include the construction of the second terminal building.

The government had earlier rejected the P187 billion proposal as it has decided to pursue the development of the Clark airport using the hybrid public-private partnership approach.

Meanwhile, the DOTr and BCDA said they are on track with the bidding for the construction of a new passenger terminal building in the Clark International Airport.

Some 12 local and foreign firms bought bid documents for the construction of the new terminal building for the Clark airport.

Deadline for submission of bids is on Dec.5, while the construction contract will be awarded to the winning bidder on Dec.15.

The government is developing Clark airport as an alternate global gateway.