The Cavite provincial government is now inviting new bidders for the proposed $10-million Sangley Point International Airport project, after the scrubbing of an earlier deal with the Lucio Tan-owned MacroAsia Corp. and China Communications Construction Company (CCCC).
The deadline for the submission of new bids for the 1,500-hectare facility is on May 4, 2021. Under the terms, no sovereign loan guarantee will be granted.
Last Feb. 12, Cavite Gov. Jonvic Remulla ordered the cancellation of the MacroAsia-CCCC contract due to “various deficiencies” in the submission of requirements within the allotted time to conclude the agreement with the Cavite provincial government.
The new Sangley airport – with four runways and a terminal framework designed to handle up to 100 million passengers yearly – is meant to decongest the existing Ninoy Aquino International Airport by 2025.