EconomyEditor's PickNew consortium submits proposal for Sangley

November 7, 2021

ANOTHER CONSORTIUM has submitted an unsolicited proposal to develop the Sangley International Airport.

In a statement Sunday, the group, composed of Cavitex Holdings, Inc., Yuchengco Group of Companies, MacroAsia Corp., Samsung C&T, Munich Airport International GmbH, and Arup Group, said an unsolicited proposal has been submitted to Cavite Governor Juanito Victor C. Remulla.

Mr. Remulla had yet to respond to BusinessWorld’s request for comment at the deadline.

“The Cavite provincial government recently declared a second failed bidding when it received no bids for the airport project after the Oct. 20 deadline,” the group noted.

The group is proposing to partner with Cavite province for the development, design, financing, construction, operation and maintenance of the Sangley airport project.

The consortium said its member Cavitex Holdings, Inc. “was responsible for the development, design, and construction of the Manila-Cavite Expressway (Cavitex) project.”

Cavitex is a joint venture project of Cavitex Infrastructure Corp. (CIC) and the Philippine Reclamation Authority. CIC has been a Metro Pacific Tollways-managed subsidiary since 2013.

Meanwhile, the Yuchengco Group is engaged in construction, infrastructure development, banking, insurance, and automotive services, among others.

The group said Lucio C. Tan’s MacroAsia will provide management and technical services for the aviation support and logistics component of the project. The company will be a non-equity member of the consortium.

“Joining the local team… [is] Samsung C&T Corp. of South Korea that built the Petronas Twin Towers in Kuala Lumpur, the iconic Burj Khalifa in Dubai, Terminal 1 of the Incheon International Airport, and the extension of the Changi International Airport,” the consortium noted.

Another foreign member of the group is Munich Airport International GmbH, the management services arm of Munich Airport.

The last international member is the London-based design and planning company Arup Group.

MacroAsia and its partner China Communications Construction Co. Ltd. had negotiated with Cavite for the project last year, but the latter canceled its notice of selection and award in January due to the “various deficiencies in the submission of requirements to conclude the joint venture agreement.”

The province had issued a new invitation for firms to submit joint venture proposals for the airport project but received no bids. — Arjay L. Balinbin

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