SMC-led group leads NAIA bid, offers gov't 82% revenue share bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
A SAN Miguel Corp. (SMC)-led consortium has submitted a revenue-sharing offer well over competing bids for the P171-billion Ninoy Aquino International Airport (NAIA) rehabilitation, operation and maintenance project.
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,…