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Thursday, March 28, 2024

Aboitiz, Chelsea bidding for Davao, Bohol airports

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The Aboitiz Group and Chelsea Logistics Holdings Corp. of businessman Dennis Uy submitted new unsolicited proposals to develop and maintain provincial airports in the Visayas and Mindanao, according to the Department of Transportation.

“We have received new unsolicited proposals for the provincial airports and it’s now being evaluated,” DOTr Undersecretary for aviation and airports Manuel Antonio Tamayo said. 

Tamayo said  Aboitiz Equity Ventures Inc. and Chelsea Logistics re-submitted separate unsolicited offers to develop and maintain New Bohol (Panglao) International Airport and Davao International Airport, respectively. 

The department earlier turned down the proposal of Aboitiz InfraCapital to operate, maintain and expand the Iloilo International Airport, Bacolod-Silay Airport, Laguindingan Airport and New Bohol International Airport (Panglao) following a policy change. 

The agency also rejected the offer of Chelsea to operate, maintain and expand the Davao International Airport and New Bohol International Airport. 

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Transportation Undersecretary for planning Ruben Reinoso said in a separate interview the agency was currently evaluating the two unsolicited proposals to expand and operate Davao and Bohol airports. 

“If the offer is better than if we do it ourselves, then its okay to privatize the airports,” he said. 

“We are currently looking at the proposals and we are looking at the numbers,” Reinoso said. 

Reinoso, however,  said there were no unsolicited offers from the private sector to develop and operate the Bacolod-Silay International Airport, the Iloilo International Airpot and Laguindingan Airport. 

“These airports would be auctioned off by the government, hopefully this year,” he said. 

The Regional Airport PPP Projects were originally approved under a bundled PPP structure by the Investment Coordination Committee and the National Economic and Development Authority board.

The Neda board later approved the unbundling of the five airport projects in November 2016.

The five provincial airports in the PPP are the P20.26-billion Bacolod-Silay International Airport, the P30.4-billion Iloilo International Airport, the P14.62-billion Laguindingan Airport, the P2.34-billion New Bohol (Panglao) Airport and the P40.57-billion Davao International Airport.

The DOTr earlier pre-qualified Maya Consortium led by Aboitiz Equity Ventures, Philippine Airports Consortium of Metro Pacific Investments Corp., San Miguel Holdings Corp.-IIAC Airport Consortium, GMR-Megawide Consortium and Filinvest-JATCO-Sojitz Consortium for the projects.

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