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A new consortium of local and foreign firms submitted an unsolicited proposal to develop the Sangley Point International Airport
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The SPIA Development Consortium is composed of domestic firms Cavitex Holdings, Inc., MacroAsia Corp.; and Yuchengco Group of Companies; and foreign partners South Korean-based Samsung C&T Corp.; Munich Airport International GmbH, the management services arm of Munich Airport; and London-based creative planning, design, and engineering firm Arup Group
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The proposal comes after the Cavite provincial government on October 20 declared the project’s second bidding a failure
A new consortium of local and foreign firms has submitted an unsolicited proposal to the Cavite provincial government to develop Sangley Point International Airport (SPIA) in Cavite City.
The SPIA Development Consortium proposal for a joint venture with the Cavite government came after the latter declared on October 20 the project’s second bidding a failure.
SPIA Development Consortium is composed of domestic firms Cavitex Holdings, Inc., MacroAsia Corp.; and Yuchengco Group of Companies; and foreign partners South Korean-based Samsung C&T Corp.; Munich Airport International GmbH, the management services arm of Munich Airport; and London-based creative planning, design, and engineering firm Arup Group.
“We share the vision of delivering SPIA as a modern, world-class, efficient and green international hub airport and new main gateway to the country that Caviteños and all Filipinos will be truly proud of,” the consortium said in a statement.
The consortium said the proposed partnership with the Cavite provincial government “will encompass the development, design, financing, construction, operation and maintenance of the Sangley airport project that is seen to provide an alternative to, and ease the congestion at, the Ninoy Aquino International Airport as well as boost economic growth and enhance the local tourism and aviation industries.”
In a separate regulatory disclosure, MacroAsia said it has been invited to be a non-equity partner in the consortium. It will provide management and technical services for aviation support and logistics if the consortium bags the project.
To recall, MacroAsia and its joint venture partner China Communications Construction Company Ltd. were the sole bidder to the P208.5-billion contract to develop and implement Phase 1 of SPIA, and were awarded the contract in February 2020. A year later in February 2021, the Cavite provincial government cancelled the award of contract, citing various deficiencies in submission of requirements.
READ: Cavite cancels award of contract to developer of Sangley airport
SPIA is being positioned as an alternative to congested NAIA and is envisioned to rival Singapore’s Changi International Airport, the Hong Kong International Airport, and South Korea’s Incheon International Airport.
