20160415-proposed-sangley-point-international-airport The Provincial Government of Cavite ( PCG) declared a failed bidding for the $10-billion Sangley Point International Airport (SPIA) after no proponent turned up despite the 30-day extension of the deadline for bid submission. Although four c
. Dapat tama lang,” Gavieta explained.
[Translation: In railways, airport systems, toll roads, the government should regulate these in such a way that the private sector’s financial returns aren’t excessive. They should just be the right amount.]
Meanwhile, think tank Infrawatch convener Terry Ridon argued the Department of Transportation threw the private proponent under the bus” when confronted with issues on Megawide-GMR s financial clout. As PPP partners, it was supposed to jointly work with the private proponent to ensure that all eligibility requirements were met prior to submission to the NEDA ICC,” Ridon told CNN Philippines. He noted both sides should have continued working together in the re-submission of a proposal after the body returned the initial one due to incomplete requirements.
Published February 16, 2021, 8:51 AM
The provincial government of Cavite (PGC) yesterday ( February 15, 2021) issued its second invitation for new bidders for the $10-billion Sangley Point International Airport (SPIA) after ditching previous bid awardee, Lucio Tan’s MacroAsia Corp. and China Communications Construction Co. (CCCC) before the end of January.
Aspiring PGC partners for the airport have to cough up a non-refundable participation fee of P1 million for the bid documents within one month (from March 1 to March 30) and submit their joint venture proposals on May 4.
The bid documents contain instructions, draft joint venture and development agreement plus project feasibility study, with schedules and updates.
Philippines: Chinese Ambassador downplays cancelled airport project as not relevant to Belt and Road - Business & Human Rights Resource Centre business-humanrights.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-humanrights.org Daily Mail and Mail on Sunday newspapers.
Chinese envoy says only feasibility study on Sangley Airport project canceled
Published February 4, 2021 6:48pm Chinese Ambassador to the Philippines Huang Xilian on Thursday denied that the Cavite provincial government has canceled the award granted to China Communications Construction Co. Ltd. (CCCC) and Lucio Tan’s MacroAsia Corp. for the Sangley Point International Airport Project. Huang issued the remark after Cavite Governor Jonvic Remulla said he has approved a recommendation urging the non-approval of the redevelopment of the former airbase “due to various deficiencies of the submission of requirements to conclude the Joint Venture Agreement.” I have noticed some reports and speculation on this issue and would like to make some clarifications and share some views with you, Huang said in a statement.