GOTIANUN, GOKONGWEI OF­FER TO SPEND P839 B TO DE­VELOP CLARK

Philippine Daily Inquirer - - BUSINESS - By Doris Dum­lao-Abadilla @Philbizwatcher

The Gotianun and Gokongwei groups have sub­mit­ted a new un­so­licited pro­posal to re­de­velop the Clark International Air­port, com­mit­ting to in­vest P839 bil­lion or about four and a half times big­ger that the cap­i­tal out­lays pre­vi­ously pro­posed to build an al­ter­na­tive international gate­way to the me­trop­o­lis.

The Fil­in­vest De­vel­op­ment Corp. and JG Sum­mit Hold­ings con­sor­tium has ap­pointed Changi Air­ports International (CAI)—part of the group that op­er­ates Sin­ga­pore Changi Air­port—as tech­ni­cal part­ner for this project.

In a state­ment yes­ter­day, the con­sor­tium said the new pro­posal, which seeks to re­de­velop Clark through a joint-ven­ture agree­ment, had been sub­mit­ted to the Bases Con­ver­sion and De­vel­op­ment Au­thor­ity(BCDA) andtheDepart­ment of Trans­porta­tion (DOTr).

The new in­vest­ment com­mit­ment is larger than the P187­bil­lion out­lay pro­posed when the con­sor­tium sub­mit­ted its orig­i­nal un­so­licited pro­posal for Clark last year. The amount is also big­ger than the P700-bil­lion air­port project in Bu­la­can pro­posed by con­glom­er­ate San Miguel Corp., which has al­ready ob­tained an orig­i­nal pro­po­nent sta­tus for its project.

“This pro­posal is dif­fer­ent from the one ear­lier sub­mit­ted by the con­sor­tium as it does not in­clude the con­struc­tion of the sec­ond ter­mi­nal build­ing but in­stead pro­poses the long-term de­vel­op­ment of the air­port into the coun­try’s sec­ond international gate­way and also in­cludes the op­er­a­tion and main­te­nance of the ex­ist­ing and new ter­mi­nals un­der a joint ven­ture with BCDA,” the Fil­in­vest-JG Sum­mit con­sor­tium said.

Based on the lat­est pro­posal, the con­sor­tium will build fu­ture ca­pac­ity aug­men­ta­tion, ex­pand air­port fa­cil­i­ties in­clud­ing ter­mi­nals and run­ways, among oth­ers, as well as op­er­ate and main­tain the ex­ist­ing and new pas­sen­ger ter­mi­nals.

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

The cre­ation of a new, world­class pas­sen­ger ter­mi­nal in the air­port is pro­jected to add pas­sen­ger ca­pac­ity of eight mil­lion a year from the ex­ist­ing 4.2 mil­lion pas­sen­gers a year, or a to­tal of 12.2 mil­lion pas­sen­gers an­nu­ally. The ul­ti­mate tar­get is 80 mil­lion a year up- on com­ple­tion of the fourth phase un­der the lat­est master plan.

The de­vel­op­ment of the Clark International Air­port is a joint project of the DOTr and BCDA. The air­port, as man­dated by Ex­ec­u­tive Or­der 14 is­sued this year, was de­clared to be an al­ter­nate global gate­way in the coun­try and as­sist in the de­con­ges­tion of the Ni­noy Aquino International Air­port.

Ear­lier this year, DOTr and BCDA com­menced the bid­ding for the se­lec­tion of the en­gi­neer­ing, pro­cure­ment and con­struc­tion con­trac­tor for the Clark International Air­port Ex­pan­sion (Phase 1), wherein 12 lo­cal and for­eign firms bought the bid doc­u­ments.

The dead­line for sub­mis­sion of the bid doc­u­ments is on Dec. 5 and the no­tice of award to the win­ning bid­der is to be is­sued on Dec. 15 this year.

The con­sor­tium’s tech­ni­cal part­ner, CAI, is a lead­ing con­sul­tant in the global avi­a­tion mar­ket. It has pro­vided avi­a­tion so­lu­tions for more than 50 air­ports in over 20 coun­tries.

Con­struc­tion and en­gi­neer­ing firm Me­gaw­ide Con­struc­tion Corp. and part­ner GMR In­fra­struc­ture of In­dia, which jointly op­er­ate the Mac­tan Cebu International Air­port, said they have also sub­mit­ted an un­so­licited pro­posal to the Duterte ad­min­is­tra­tion in July last year.

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