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  • 11 firms vie for DMIA project
     
    By Max V. de Leon
    Reporter
     

    THE bidding for the P6.47-billion Diosdado Macapagal International Airport (DMIA) Terminal project has attracted 11 interested proponents, including Asia’s Emerging Dragon Corp. (AEDC) of Lucio Tan, Ayala Land Inc. (ALI) and some foreign firms.

    Aileen Zosa, vice president of the Bases Conversion and Development Authority (BCDA), said the 11 firms bought the bidding’s terms of reference (TOR) worth P250,000 last month.

    “When they bought the TOR for that amount, it means that they are really interested,” Zosa told the BusinessMirror.

    Besides the AEDC and ALI, among the other Filipino companies that bought the TOR were F. F. Cruz, Philippine Regional Investment Development Corp., Architect Leandro Locsin and Partners, First Philippine Holdings and Synergy.

    Zosa said there are also two Korean firms and a Chinese company. She said the 11 companies have been instructed to submit their eligibility, financial and technical documents on September 15.

    Clark International Airport Corp. (CIAC), a 100-percent subsidiary of the BCDA, will then open the eligibility documents first to determine the companies that will proceed to the next phases of the bidding.

    Zosa said the winning bid will be known about a month later.

    The DMIA Terminal 2, which will sit on a 244,300-square-meter lot, will have a capacity of 7 million passengers per annum and will become the airport’s international terminal once it becomes operational.

    The existing terminal, which has a capacity of 2 million passengers per year, will become the domestic terminal.

    Zosa said the winning proponent will become a joint- venture partner of CIAC for the project and will own a 70-percent share.

    Upon signing of the contract, the proponent will pay CIAC P100 million up-front.

    When the terminal is already operating, the private partner will pay CIAC the minimum guaranteed annual payment of P25 million if the passenger traffic is less than 3 million, P50 million if the volume is 3 million to 3,999,999; P75 million if the passenger volume is 4 million to 4,999,999; and P100 million if the traffic is 5 million and above.

    The winning bidder, Zosa said, will construct a passenger-terminal building, an airport plaza, a transport plaza, vehicle parking, ramp expansion and the additional two-lane service road network of at least 4 kilometers.

    The joint-venture contract will be good for 30 years.

    “This is a part of the developments that we are pursuing under the Subic-Clark Alliance and will greatly enhance the potential of Central Luzon as a major tourism and investment destination,” Zosa said.

    The new terminal is set for completion by January 2010.

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