DUE to control issue and other factors, Aboitiz InfraCapital Inc. said it is not sure whether or not it will bid for the $10-billion Sangley International airport project.
“We are looking at the terms and modality. We are looking at the structure, we are looking at what we can and we cannot do given that we have an unsolicited proposal for Naia [Ninoy Aquino International Airport],” said Cosette Canilao, chief operating officer of Aboitiz InfraCapital.
The company is among the members of the Naia Consortium that offers to rehabilitate and expand the country’s main aviation facility.
Other members of the consortium are AC Infrastructure Holdings Corp., Alliance Global Group Inc., AEDC, Filinvest Development Corp., JG Summit Holdings Inc. and Metro Pacific Investments Corp.
The possibility of a monopoly is, likewise, one of the concerns that Aboitiz InfraCapital is studying with regard to its participation in the auction, she added.
The deadline for securing bid documents is Monday (November 11). Interested bidders may buy bid documents for P10 million. Submission of bids is set on November 25.
Through its public-private partnership scheme, the Cavite provincial government is the lead proponent and implementing agency of the project, such that it doesn’t need approval of the National Economic and Development Authority for implementation.
The project is expected by the Cavite LGU to be awarded by the end of November and the start of construction by January 2020. The operations and maintenance of the new international aviation hub will be offered in a separate bidding.