-
SPIA Development Consortium is the official contractor for the US$11-billion Sangley Point International Airport (SPIA) Project in Cavite
-
The company was awarded the contract on September 14
-
SPIA will develop a two-runway airport with a capacity of 80 million passengers a year, expandable to four runways with capacity of up to 130 million passengers
-
The project includes construction of a four-kilometer connector road with provisions for rail connectivity, as well as fully integrated logistics and aviation support facilities
SPIA Development Consortium was officially awarded the US$11-billion Sangley Point International Airport (SPIA) Project in Cavite by the Cavite provincial government on September 14.
“With the awarding today by the Provincial Government of Cavite, we are excited to begin the work necessary to finally implement this long-needed infrastructure project that is aimed at providing a premium gateway that will initially serve as an alternative to NAIA (Ninoy Aquino International Airport), and designed to meet an anticipated increase in demand for air transport in the next 30-40 years,” the consortium said in a statement.
The consortium partners also signed their Consortium Collaboration Agreement during the awarding.
“The challenge is great, but the SPIA Development Consortium is very well prepared for the work at hand, highly committed to deliver within the project timelines because of the local and international members who are all highly reputable developers and investors that have enviable track records in developing large-scale infrastructure projects,” it added.
SPIA Development Consortium is led by Cavitex Holdings Inc., House of Investments Inc. and Samsung C&T Corp, the last being the builder of Dubai’s Burj Khalifa, Kuala Lumpur’s Petronas Twin Towers, Taipei 101, Changi Airport extension and the Terminal 1 of Incheon International Airport. Other members of the consortium are MacroAsia Corp., Munich Airport International GmbH, and Ove Arup & Partners Hongkong Ltd.
The awarding came after no other company challenged the consortium’s unsolicited proposal until the August 17 deadline for the project’s competitive challenge process.
The SPIA Development Consortium submitted its unsolicited proposal for a joint venture with the Cavite provincial government to develop SPIA in 2021, after the latter declared as failed the second bidding for the project in October 2021.
SPIA is envisioned as a two-runway airport with a capacity of 80 million passengers a year, expandable to four runways to handle as many as 130 million passengers a year.
The project includes construction of a four-kilometer connector road, with provisions for rail connectivity, as well as fully integrated logistics and aviation support facilities.
With the development of the first runway, SPIA can operate as a satellite runway to immediately relieve the extreme congestion on the runway at NAIA.
The consortium said the SPIA development is expected to create 50,000 jobs and be a catalyst project to bring in foreign direct investment that will promote trade and economic development.
