Unsolicited proposal for Davao Airport remains under review, PPP Center says – BusinessWorld Online
THE unsolicited proposal for the operations and maintenance of the Davao International Airport is still under review, the Public-Private Partnership (PPP) Center said.
“For Davao Airport, at least the post-PPP code unsolicited proposal is still under evaluation,” PPP Center Deputy Executive Director Jeffrey I. Manalo said via Viber.
According to the PPP Center website, the project is still being evaluated by the implementing agency.
The P12.90-billion project was submitted by Davao International Airport Consortium, according to the PPP Center. The project is among the airports being considered for privatization.
The Davao International Airport Consortium is composed of Asian Infrastructure and Management Corp.; Filinvest Infra-Solutions Ventures, Inc.; and JG Summit Infrastructure Holding Corp.
Francisco Bangoy International Airport, also known as Davao International Airport is being readied for upgrade and expansion to a project proponent that will also operate and maintain the facility.
The PPP Center said the proposal will be implemented under a rehabilitate-operate-transfer arrangement with a 30-year concession agreement.
Last week, the Department of Transportation said that it is looking to tap the private sector to operate and maintain up to 20 airports to help expand and upgrade regional hubs. — Ashley Erika O. Jose
