Articles

Print

Bulacan airport concession terms under review

BusinessWorld Online

THE GOVERNMENT is readying the concession terms for the proposed P735-billion airport in Bulacan, the National Economic and Development Authority (NEDA) said.

“The draft concession agreement has been submitted to us by the DoTr (Department of Transportation), which means that it had been agreed by the two parties,” NEDA Undersecretary Rolando G. Tungpalan said in a briefing yesterday, when asked about the progress of San Miguel Corp.’s unsolicited proposal for the Bulacan International Airport.

However, he said that it has to be further reviewed by an inter-agency committee and the NEDA Board, before it enters the Swiss challenge stage.

He added that the NEDA does not have a timeline for when the government can proceed with the bidding.

“The draft concession agreement for the Bulacan airport is now under review by an interagency group. If the draft is consistent with what NEDA Board has approved, then we can proceed to the Swiss challenge,” he said.

“We cannot put a firm deadline (on the process) because we do not want to preempt other issues, but basically the review entails compliance with the directives of the ICC (Investment Coordination Committee), but it should not be handed over in an extended timeframe,” said the NEDA official.

NEDA Assistant Secretary Jonathan L. Uy added: “Essentially, after approval by the NEDA Board of the Bulacan airport proposal, the condition was to refine the concession agreement — in relation to the risk allocation and the other real contingent liability aspect of the proposal.”

The project was approved by the NEDA Board — chaired by President Rodrigo R. Duterte — in April, subject to the condition of another approval round for the concession agreement to address concerns about the proponent’s financial and technical capability to deliver.

San Miguel has said that it can implement the project without a financing partner.

The project involves the construction, operation, and maintenance of a 2,500-hectare airport in Bulakan, Bulacan, that features an 8.4-kilometer airport toll road that can accommodate 100 million passengers per year.

Since the project is an unsolicited proposal, the bidding process will undergo a Swiss challenge, under which other firms can submit counter-offers, which the original proponent has the option to match. — Elijah Joseph C. Tubayan

 

CAB Hotline

Public Assistance 24/7

165-66

Secondary Numbers: PASSENGER RIGHTS ACTION DESK (PRAD)

AIRPORT CONTACT NUMBER AIRPORT CONTACT NUMBER
NAIA Terminal1 0919-9128457 Laoag 0998-5864834
NAIA Terminal2 0919-9128458 Legaspi 0919-9128461
NAIA Terminal3 0919-9128451 Mactan-Cebu T1 0919-9128464
NAIA Terminal4 0919-9128470 Mactan-Cebu T2 0998-9668315
Bacolod 0998-5864828 Masbate 0998-9668314
Basco 0998-5864829 Naga 0919-9128462
Boracay 0919-9128453 Ozamis 0998-5864835
Busuanga 0919-9128460 Pagadian 0998-5864836
Butuan 0998-5864830 Puerto Princessa 0998-5864837
Camiguin 0998-5864831 Roxas 0998-5864838
Clark 0919-9128471 Siargao 0919-9128456
Davao 0919-9128469 Surigao 0998-5864839
Dipolog 0998-5864832 Tacloban 0998-5864840
Dumaguete 0998-5864833 Tagbilaran 0919-9128465
General Santos 0919-9128467 Tuguegarao 0998-5864841
Iloilo 0919-9128466 Virac 0919-9128463
Kalibo 0919-9128454 Zamboanga 0998-5864842
Laguindingan 0919-9128468

✆ 852-8967 (CAB Legal Office)
APBR@cab.gov.ph

Trunk Lines:
☎ (+632) 853-7259
☎ (+632) 854-5996