The Philippine government is now reconsidering the proposal of San Miguel Corp. (SMC) to build a new international airport in Bulacan worth PHP700 billion. “The airport [proposal] in Bulacan is still not dead,” National Economic and Development Authority (NEDA) Director General Ernesto Pernia told reporters.
SMC’s proposed Bulacan airport is being reviewed as unsolicited proposal.
“It’s going to go through the usual process, there’s no special treatment,” Pernia said. “We will consider whether or not there are conditions. If there are conditions then, that will be a minus point.”
He explained that unsolicited project proposals have to go through public-private partnership (PPP) process, and are subject to a Swiss challenge.
Another proposed airport that aims to replace Ninoy Aquino International Airport (NAIA) is the Sangley airport in Cavite. Among the proponents of Sangley airport is All-Asia Resources and Reclamation Corp. (ARRC) of Wilson Tieng and Henry Sy.
ARRC is proposing the PHP1.3-trillion project creating the Philippine Global Gateway (PGG) in Sangley.
Pernia said the government previously aimed to focus on redevelopment of Ninoy Aquino International Airport (NAIA) and the Clark International Airport (CIA) “for the meantime because that is really doable, that is what we need in immediate and short term.”
“In other words, unsolicited proposals [were put on] back burner – we felt we had to reconsider because earlier it was an announcement, I think the Finance Secretary said that we welcome unsolicited proposals, and so we want to honor that statement,” Pernia said. with PNA