The Government of Philippines has awarded today the NAIA Expressway PPP project to a consortium led by San Miguel Corporation. The consortium is formed by Optimal Infrastructure Development, Inc (San Miguel Corporation), Daelim Industrial and DM Consunj.

NAIA ExpresswayThree other teams pre-qualified for the project at the begining were:(1) ACI Consortium: OHL and Ayala Corporation(2) IL&FS Transportation Networks and Laursen & Toubro(3) Manila North tollways Corp and Leighton ContractorsBut only the consortia led by San Miguel Corporation and Manila North tollways Corporation submitted final bids.The total investment for the NAIA Expressway project is P15.86 billion (US$360 million). The term of the concession contract is  30 years.The Project

The proposed elevated expressway starts at the existing Skyway then generally follows the existing road alignments over Sales Avenue, Andrews Avenue, Domestic Road, and NAIA Road, and has entry/exit ramps at Roxas Boulevard, Macapagal Boulevard, and PAGCOR City. The project provides access to NAIA Terminals I, II and III and links to existing expressway namely the Skyway and the Manila-Cavite Toll Expressway.

The Development Bank of the Philippines and the IFC were appointed as transaction advisor to the DPWH.

Source: PPP Center