The Provincial Government of Cavite (PGC) awarded the $11-billion Sangley Point International Airport (SPIA) Project to the SPIA Development Consortium of the Viratas and the Yuchengcos..
PGC based the award on the proponent's unsolicited proposal submitted in November 2021, according to their
The provincial government of Cavite has awarded the $11-billion contract to redevelop Sangley Airport into an international gateway to a group composed of Philippine, South Korean, and European firms.