Chelsea and Aboitiz submit a new unsolicited proposal for the development of Visayas and Mindanao airports
The Philippines' Department of Transportation has announced that Chelsea Logistics Holdings Corp. and the Aboitiz Group have submitted new unsolicited proposals to develop and maintain New Bohol (Panglao) and Davao airports.
The department has previously turned down a proposal by Aboitiz InfraCapital to operate, maintain and expand the Iloilo International Airport, Bacolod-Silay Airport, Laguindingan Airport and New Bohol International Airport (Panglao), as well as an offer made by Chelsea to operate, maintain and expand the Davao International Airport and New Bohol International Airport.
Country updates
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July 15, 2018
Century Peak concludes negotiations on unsolicited proposal for PPP project in Cavite
Century Peak Metals Holdings Corp has disclosed that its subsidiary Century Peak Corp. (CPC) has concluded detailed negotiations with the government of Cavite regarding the company's unsolici...
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July 07, 2018
Expressway PPP in the Philippines enters construction phase
Construction of the Cebu-Cordova Link Expressway (CCCLEX) has commenced, following an official ceremony. The 8km expressway will function as the third bridge between Cebu City and Mactan Isl...
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July 02, 2018
IRC consortium cleared for Makati subway PPP
The Government of the Makati City has granted original proponent status to the unsolicited proposal of Philippine Infradev Holdings Inc (former IRC Properties Inc.) to establish and operate...
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June 09, 2018
The PDMF Committee has approved funding for preparation of feasibility studies, project delivery options and structuring, and transaction advisory during the bid process for the project up to financial close
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May 29, 2018
The project has been approved for funding from the Project Development and Monitoring Facility (PDMF) Committee
