The Virata-Yuchengco-led SPIA Development Consortium is set to bag next month the contract to build and operate the $11-billion Sangley Point International Airport (SPIA) project in Cavite.
The Cavite provincial government said that “there were no challengers or interested companies that registered and purchased the bid documents for the Competitive Challenge Process of the Sangley Pont International Airport (SPIA) Project.”
“Under the rules of the Competitive Challenge, the PPP-Selection Committee can recommend to the Provincial Governor the award of the Project to the Original Proponent in case there were no challengers,” it added.
It was immediately confirmed by Cavite Governor Juanito Victor “Jonvic” Remulla, saying that the contract will be awarded to SPIA Development Consortium on September 15, 2022.
Joining SPIA consortium in the said project are Munich Airport International Airport GmbH, which is Europe’s only five-star airport, and Samsung C&T Corp., the company that built the Terminal 1 of Incheon International Airport and the extension of Changi Airport.
The Virata-Yuchengco consortium envisions SPIA as a “fully modernized, world-class and green airport that is designed to expand as demand for air transport services increases in the next 30 to 40 years, and as operations at NAIA are eventually phased out to allow for a redevelopment of the site and its surrounding areas.”
