Bidding for Regional Airports, to resume this Q4

Five regional airports worth Php108.19 billion is set to resume bidding this last quarter of 2016, the Department of Transportation (DOTr) revealed today.

According to DOTr Air Transport Undersecretary Roberto Lim, the department will announce this month the schedule of bid submission for the pre-qualified firms namely: Philippine Airports Consortium, Maya Consortium, GMR-Megawide Consortium, San Miguel Holdings Corp.-Incheon International Airport Corp. Consortium, and Filinvest-JATCO-Sojitz Consortium.

Last March, the bidding was put on hold to give the bidders more time to prepare their bids. 

The five regional airports are under two bundles:

The  Visayan bundle covers the P20.26-billion Bacolod-Silay airport and P30.40 billion Iloilo airport and; the Mindanao  bundle consists of the P40.57-billion Davao airport,  the P14.62-billion Laguindingan Airport and the P2.34-billion New Bohol Airport.

Whoever wins in the bidding for each bundle would be responsible for the operations and maintenance of the airports for 30 years, as well as in expanding its facilities.

Source: Malaya Business Insight and Philippine Star