MPIC eyes airport projects
MANILA, Philippines - Infrastructure giant Metro Pacific Investments Corp. (MPIC) has expressed interest in the government’s airport project, by purchasing bid documents.
MPIC chairman Manuel V. Pangilinan told reporters yesterday the group bought bid documents for the airport projects, but noted that the firm would still need to study which package would be attractive.
“We are in the process of assessing which package we would be more interested in,” he said.
The government is set to offer for bidding the operation and maintenance (O&M) of six provincial airports worth P128 billion under the Public Private Partnership (PPP) program.
To ensure all airports are awarded to competent firms, the government has decided to split the bidding into two packages.
Package A covers Iloilo and Bacolod-Silay airports worth P50.66 billion while Package B comprises of the Davao, Laguindingan, and New Bohol (Panglao) airports worth P66.9 billion.
Package A was supposed to include the P10.27 billion Puerto Princesa airport but it was removed until further notice.
- Latest
- Trending
