Indonesia v Singapore: Gotianun, Gokongwei, Romero join bidding for Clark airport deal
Indonesia and Singapore airport operators have formed separate joint ventures with bilyonaryos to bid for the operations and maintenance (O&M) of Clark International Airport.
The Bases Conversion and Development Authority (BCDA) received on Friday the proposals from the two consortiums — X-Droid Consortium and North Luzon Airport Consortium.
X-Droid Consortium members are Indonesia?s Angkasa Pura II, Globalport 900 of bilyonaryo Reghis M. Romero II, Mazy Capital, and Desco.
North Luzon Airport Consortium includes Changi Airport Philippines Pte. Ltd. — the local unit of Singapore?s Changi Airport Group — with Filinvest Development Corp. of the Gotianun famliy, JG Summit Holdings, Inc. of the Gokongwei family, and Philippine Airport Ground Support Solutions, Inc.
BCDA Senior Vice President for Business Development and Operations Joshua Bingcang said the agency would take one week to examine the technical and financial capabilities of the proponents.
Bingcang added that BCDA targets to award the O&M contract to the winning bidder this December.
Last April, the National Economic and Development Authority Board approved the P5.61-billion Clark International Airport Expansion Project and O&M Public-Private Partnership (PPP) Concession.
In the same month, the BCDA opened the bidding for Clark airport?s O&M and received interests from local and foreign firms.
Among the international airport developers and operators that expressed interest to bid were Malaysia Airports Holdings, Bhd., India?s GVK Airport Developers Ltd., Groupe ADP of France, Zurich Airport of Switzerland, and AviAlliance of Germany.
These firms were among the 30 companies that attended the pre-bid conference in May. GVK Airport and Groupe ADP even purchased the bid documents.
Bingcang said no more than 10 companies purchased the bid documents for the Clark airport?s O&M.
The consortium that will bag the O&M contract shall manage and operate Clark airport?s existing terminal and the New Terminal Building.
It shall also develop commercial activities and management of airside locator lease and rental contracts, including air cargo, in-flight catering, and hangars and maintenance, repair, and overhaul services. ?Upon award, within 180 days, our target is to turn over the existing terminal. Because the new terminal is due for opening in June 2020,? said Bingcang.
?But we want already the O&M concessionaire to be on board to avoid interface issue, risk with EPC (Engineering, Procurement, and Construction) contractor,? he added.
Bingcang said BCDA has eased some rules for the Clark airport O&M bidding.
It extended the submission of requirements until Friday from the initial deadline in July. It also lowered the equity share of the airport operator to the consortium from 20 percent to only 15 percent.
BCDA said participants should be a developer of a Skytrax-ranked airport, although BCDA expanded the list up to Skytrax top 50 airports from the initial top 20.
Changi Group is the developer and operator of Singapore?s Changi Airport, ranked as the world?s best airport by Skytrax.
Angkasa Pura, on the other hand, operates Jakarta?s Soekarno Hatta International Airport, ranked 45th by Skytrax. (PNA)