Changi, Gokongwei, Gotianun to run Clark Airport
The consortium led by the operator of Singapore’s Changi International Airport has bagged the operations and maintenance (O&M) contract for Clark International Airport.
On Thursday, Bases Conversion and Development Authority (BCDA) announced that it awarded Clark airport’s O&M contract to North Luzon Airport Consortium (NLAC) composed of Changi Airport Philippines Pte. Ltd., Filinvest Development Corp. of the Gotianun family, JG Summit Holdings, Inc. of the Gokongwei family, and Philippine Airport Ground Support Solutions, Inc. (PAGS).
The only other bidder is X-Droid Consortium, which is led by Indonesia’s Angkasa Pura II, with Globalport 900, Mazy Capital, and Desco.
“NLAC’s financial bid offer of 18.25 percent annual gross revenue percentage share is almost twice the minimum rate set at 10 percent as approved by the NEDA (National Economic and Development Authority) Board,” BCDA said.
The O&M contract involves the management and operation of Clark airport’s existing terminal and the New Terminal Building.
“Upon award, within 180 days, our target is to turn over the existing terminal. Because the new terminal is due for opening in June 2020,” BCDA Senior Vice President for Business Development and Operations Joshua Bingcang told reporters in a previous interview.
“[W]e want already the O&M concessionaire to be on board to avoid interface issue, risk with EPC (Engineering, Procurement, and Construction) contractor,” he added.
According to Clark International Airport Corp. (CIAC) President Jaime Melo, passenger arrivals in Clark airport hit a record-high of 2.5 million this year, its highest for the past 23 years. (PNA)
Recommended on other sites
Politiko Main Latest News
North Luzon Latest News
Metro Manila Latest News
South Luzon Latest News
Bicol Latest News
Visayas Latest News
The comments posted on this site do not necessarily represent or reflect the views of management and owner of POLITICS.com.ph. We reserve the right to exclude comments that we deem to be inconsistent with our editorial standards.