Sunday, July 12, 2015

6 groups keen on PPP airport bundles

The roster of interested bidders for a government-led auction of provincial airport operations and expansion contracts is growing, information posted on the Public Private Partnership (PPP) Center’s website showed on Friday.
The PPP Center, the agency tasked with coordinating big ticket infrastructure projects requiring private sector participation, said at least six groups have so far bought bid documents ahead of the submission of qualification documents on July 27, 2015—a deadline that has been moved several times.
The groups are the tandem between Megawide Construction Corp. and India’s GMR Infrastructure, Metro Pacific Investments Corp. and Gokongwei-led JG Summit Holdings, San Miguel Corp., Aboitiz Equity Ventures, Philippine Skylanders Inc. and Union Equities, the PPP Center said.

The project, which involves the auction of operations and maintenance (O&M), as well as the expansion of the Bacolod-Silay, Iloilo, Davao, Laguindingan, and New Bohol, is being implemented by the Department of Transportation and Communications. The projects have a total estimated cost of P108.19 billion, or $2.4 billion, the PPP Center said.
12/07/15 Inquirer.net
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