THE consortium led by San Miguel Corp. and partner Incheon International Airport Corp. submitted the highest bid amount for the P170.6-billion Naia privatization deal, making it the front-runner in the auction. During the bidding ceremonies on Thursday, the Department of Transportation (DOTr) revealed the bid amounts submitted by the complying groups,…
THE Department of Transportation (DOTr) aims to award the P170.6-billion Naia Privatization deal by February 15, according to a ranking government official. Transportation Spokesman Timothy Batan said following Wednesday’s opening of bids, from which all four offers were found to be “complete,” the agency will now undertake the detailed evaluation…
DESPITE some arguments over the law governing the auction for the P170.6-billion privatization deal for the Ninoy Aquino International Airport (Naia), the Department of Transportation (DOTr) pushed through with the opening of the bids on Wednesday. At least four groups submitted their bids before the 10 a.m. deadline on Wednesday:…