MacroAsia eyes Sangley Airport upgrade project
We confirm that MacroAsia Corporation bought the bid documents for the Sangley Airport Project and that MAC is interested to participate in it
MacroAsia Corporation (MAC) is committed try its luck and bid for the $10-billion Sangley Point International Airport project to the provincial government of Cavite before the deadline lapses this month.
At the sidelines of the groundbreaking of Lufthansa Technik Philippines’ (LTP) new hangar, MacroAsia chief Financial Officer and chief Risk Officer Amador Sendin said the aviation firm is carefully studying the bidding documents before they submit their offer.
“We will surely submit our bidding documents,” Sendin told reporters in a spot interview. His group is on the lookout for a partner in the project.
Although Sendin bared no further information on the potential bidding partner, MacroAsia president and CEO Joseph Chua the Sangley airport project is definitely a big project for which they would need a partner.
In early November, MacroAsia already told the stock exchange it was interested in the redevelopment of the Sangley Airport.
“We confirm that MacroAsia Corporation bought the bid documents for the Sangley Airport Project and that MAC is interested to participate in it. No further details are available as of the moment,” the statement read.
Last week, the Cavite government extended the original 25 November deadline for proposals to 17 December as it hoped to attract more offers.
The provincial government, which opened the selection process on 11 October, is seeking a private partner to help it upgrade the existing Sangley Airport facilities and turn it into a world-class gateway.
Once finished, Sangley will have multiple parallel runways and a passenger capacity of at least 100 million a year, or three times the capacity of the already congested Ninoy
Aquino International Airport.
Local and international firms that showed interest in the project include China Communications Construction Co., Metro Pacific Investments Corp., MacroAsia Corp., Prime Asset Ventures, and Philippine Airport Ground Support Solutions Inc.
Mactan Cebu International Airport operator Megawide Construction Corp., together with India’s GMR Infrastructure, previously acknowledged having acquired access to joint-venture documents.