Wednesday, December 13, 2017

Megawide-GMR tandem leads in bid to build new Clark Airport passenger terminal Read more: https://business.inquirer.net/242504/clark-international-airport-megawide-construction-corp-gmr-infrastructure-jake-bingcang-bcda-special-bids-and-awards-committee-passenger-terminal#ixzz51ODL8v9b Follow us: @inquirerdotnet on Twitter | inquirerdotnet on Facebook

A venture between Megawide Construction Corp. and India’s GMR Infrastructure emerged as the frontrunner Thursday in a public auction to build a new passenger terminal for Clark International Airport in Pampanga province.

Megawide-GMR, which operates the Mactan Cebu International Airport, bested four other groups, including big state-owned firms in China.

The Duterte administration, through the Bases Conversion and Development Authority, has committed to expand Clark Airport, an underused air gateway it wants to position as an alternative to the congested Ninoy Aquino International Airport in Manila.


Megawide-GMR was regarded the frontrunner with its offer to build a new terminal in Clark Airport, estimated by the government to cost P12.55 billion, for P9.36 billion.

The lowest qualified bid was the main parameter in Thursday’s auction.

Megawide’s offer was lower than Tokwing Construction Corp. and China Machinery Engineering Corp. (P12.45 billion), China State Construction Engineering Corp. Ltd. (P12.298 billion), China Harbour Engineering Co. Ltd. (P11.73 billion) and Sinohydro Corp. Ltd. (P10.68 billion).

Jake Bingcang, chair of the BCDA special bids and awards committee, said Megawide-GMR’s offer would still be subject to further review in the next few days. He said an award could be ready by Dec. 18, 2017, with groundbreaking of the project set by Dec. 20.

The BCDA is targeting to finish the new passenger terminal, which would bring Clark Airport’s existing capacity of four million passenger annually to 12 million passengers, by 2020.
The expansion of Clark International Airport is the first hybrid public-private partnership project rolled out under the Duterte administration.
13/12/17 Miguel R Camus/Inquier.net

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