After their game-changing partnership in telecommunications, businessman Manuel V. Pangilinan and tycoon John Gokongwei have formed a new alliance to jointly bid for the P17.5-billion Mactan Cebu International Airport passenger terminal redevelopment project.
Businessman Manuel V. Pangilinan’s Metro Pacific Investments Corp. (MPIC) is forming a joint venture with a foreign partner to make a strong bid for the Mactan-Cebu international airport project, one of the biggest infrastructure contracts being bid out by the Aquino administration this year.
The Department of Transportation and Communications (DOTC) is standing firm on its decision to bar companies with airline interests from bidding for the multibillion-peso contract to develop the country’s second-largest commercial airport.
Metro Pacific Investments Corp. (MPIC) has been added to the list of groups interested in the redevelopment of the Mactan-Cebu International Airport—the country’s main gateway to the Visayas.
