The provincial government of Cavite (PGC) has issued its second invitation for new bidders for the US$10 billion Sangley Point International Airport (SPIA) after ditching the previous bid awardee, MacroAsia Corp. and China Communications Construction Co. (CCCC) before the end of January 2021.
The airport is proposed to be developed on a 1,500-hectare site, it will have four runways and will handle around 130 million passengers. The proposed concession period is 50 years. The project will transform the existing Sangley Airport into an international air hub.
The deadline to submit the bids is May 04, 2021. You can find more information about this RFP on our business opportunity page here.