Filinvest-Changi team upbeat on Mactan project

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Gotianun-led Filinvest Development Corp. is planning to transform the Mactan-Cebu International Airport into a “world-class” air gateway via partnership with Singapore’s Changi Airport Group, according to a statement issued by the company.

Filinvest, which made its name in the property sector and is now diversifying into infrastructure, is among several Philippine conglomerates that have teamed up with prominent airport operators to bid for the P17.5-billion contract to rehabilitate, expand and operate the Mactan-Cebu airport.

The Filinvest-Changi Airport consortium is among the seven that submitted prequalification documents for the airport project.

The others are San Miguel Corp., which partnered with South Korea’s Incheon International Airport Corp.; the tandem between Ayala Corp. and Aboitiz Equity Ventures, which tapped Houston Airport System; and Henry Sy’s SM Group, whose consortium, Premier Airport, partnered with operator Flughafen Zurich AG.

The expansion of the Mactan-Cebu International Airport, which is currently running beyond normal capacity, calls for the construction of a new world-class international passenger terminal building with a capacity of about eight million passengers a year.

The facility has a capacity of 4.5 million passengers a year but it booked about 6.2 million in 2011.

The Department of Transportation and Communications received the prequalification documents on April 22 and will announce the list of qualified bidders by May 17.—Miguel R. Camus

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Disclaimer: The comments uploaded on this site do not necessarily represent or reflect the views of management and owner of INQUIRER.net. We reserve the right to exclude comments that we deem to be inconsistent with our editorial standards.

  • joboni96

    yayariin na naman tayo ng mga intsik switik
    using our deposits in intsik switik banks

    no brainer business
    connections lang kailangan plus suhol

    • http://www.facebook.com/jonathan.a.estrada.1 Jonathan Azurin Estrada

      iba namang ka-deal ang mga singaporean kaysa sa mga chinese.

      • joboni96

        parehas intsik switik mentality yan

  • txtman

    WHY ONLY 8 MILLION CAPACITY?
    6.2 MILLION NA HINDI BA?
    AT LEAST THE TARGET
    SHOULD BE 16 MILLIONS
    ANO BA YAN?
    AFTER 5 YEARS FULL CAPACITY NA ULIT
    OR BY THE TIME NA MATAPOS YANG BAGONG AIRPORT
    OVER CROWDED NA ULIT?
    THEN SYEMPRE PANIBAGONG PERA NAMAN?
    .
    PERA NA NAMAN?
    .
    PERA NGA NAMAN TALAGA ANO?
    GAGAWA NA NGA NG PROJECTS
    HINDI BA NILUBOS
    PITIFUL

    • Roel_Hawk

      As I udnerstood, this project is an Expansion of the existing airport. So the current capacity of 4.5 million plus 8 million for the Extension building so 12.5 Million in total.

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