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CCCC to Bid For Sangley Airport Development in Philippines


CCCC to Bid For Sangley Airport Development in Philippines
Philippines Star reported that state-owned China Communications Construction Co Ltd has again expressed its interest in developing the Sangley Point
09 Jul, 2021 , 3:56 am
Philippines Star reported that state-owned China Communications Construction Co Ltd has again expressed its interest in developing the Sangley Point International Airport project in Cavite after earlier losing the airport deal which was awarded to the company and its local partner MacroAsia Corp. Cavite Gov. Jonvic Remulla said four companies have bought the bid documents for the SPIA: CCCC, Metro Pacific Investments Corp, Philippine Airport Ground Support Solutions Inc and Mosveldtt Law Office. Both MPIC and PAGSS were among the companies that purchased bid documents for the SPIA project during its first auction in 2019, but did not submit an actual bid. ....

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Rehabilitating NAIA: Where do we go from here?


. 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. ....

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Cavite gov't invites firms to bid for Sangley airport project


By
Senior Reporter
THE Cavite provincial government is once again inviting firms to submit joint venture proposals for the Sangley international airport project, less than a month after it canceled an earlier deal with MacroAsia Corp. and China Communications Construction Company (CCCC).
In an announcement published on Monday, the Cavite government said the project feasibility study including schedules and updates, instructions to candidate joint venture partners, and the draft joint venture and development agreement will be available for distribution to interested parties from Mach 1 to March 30.
Interested parties should first submit an intent letter, sign the nondisclosure agreement, and pay the non-refundable participation fee of P1 million or $20,000 before they could obtain copies of the bid documents from the Cavite government, which serves as the implementing agency for the project. ....

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