Filinvest confident it will get Mactan airport project


Posted at Jan 24 2014 04:20 PM | Updated as of Jan 25 2014 01:01 AM

MANILA, Philippines - Gotianun family-led Filinvest Development Corp. is confident its consortium with Singapore's Changi group will emerge as the winning bidder for the P17.5 billion Mactan-Cebu International Airport project.

"We are confident that the Department of Transportation and Communication and Prequalification Bids and Award Committee will be following the bidding rules. We're looking forward to a positive response," FDC president and chief executive officer Josephine Gotianun-Yap said.

The Filinvest-Changi consortium had earlier sought the disqualification of the Megawide-GMR consortium for the Mactan-Cebu airport project. Megawide-GMR had submitted the highest bid of P14.404 billion for the , while Filinvest-Changi submitted the second-highest bid of P13.999 billion.

Filinvest earlier raised the conflict of interest issue between GMR-Megawide Consortium and First Philippine Airports Consortium, which included Malaysia Airports Holdings Berhad (MAHB). It noted that the managing director of MAHB is also a director of GMR Infrastructure Limited's airport affiliates, who were part of their bid for the Mactan airport project. The company claimed this was a violation of the bidding rules.

"As far as we are concerned, the bidding rules are clearly violated because they are written very well and it says that a bidder or a partner of one bidder/consortium cannot be involved as well in the bid of another company. In the case of GMR, there is interlocking directorship between GMR and one of the company member so we are waiting for the DOTC-PBAC to make their review," Yap said.

Yap said if the Megawide-GMR Infrastructure consortium is disqualified, the Filinvest-Changi consortium, as the second-highest bidder, will get the project.

"Under the rules, it's very clear if the highest bidder is disqualified, it automatically has to qualify the second highest bidder, which is Filinvest and Changi," she said.

For its part, the Megawide-GMR consortium have denied the allegations raised by Filinvest-Changi group.