The Biggest, the Most Reputable Firms vie for Mactan airport

April 23, 2013

Seven groups expressed their interest in the bid for the P17.5 billion Mactan-Cebu International PPP project. This was announced by DOTC Undersecretary Jose Perpetuo Lotilla yesterday after the submission of pre-qualification documents by the bidders which consists of Philippines’ top conglomerates and its partners.

Bidders include the consortium of Metro Pacific Investments and JG Summit, Ayala Corporation’s and Aboitiz Group’s AAA Airport Partners, the Filinvest Land Inc. and CAI Consortium, San Miguel Corp. and Incheon Airport Consortium, the First Philippine Airports Consortium, Premier Airport Group of SM Investment Corp. and GMR Infrastructure and Megawide Consortium.

The Mactan-Cebu International Project involves the construction of a new world-class passenger terminal building, with a capacity of about eight million passengers per year and the renovation of the existing passenger terminal building. The winning bidder will also operate and maintain the two terminals for a period 20 years.

PJS Law acts as one of the transaction advisors for the project, advising the DOTC, the MCIAA, and the Public-Private Partnerships Center. The PJS Law team led by Ramil E. Bugayong and Gwen Grecia-de Vera includes Francis Alvin V. Asilo and Miguel A. Robillo.