China-PH consortium wins bidding for $10-billion airport in Cavite | ABS-CBN
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China-PH consortium wins bidding for $10-billion airport in Cavite
China-PH consortium wins bidding for $10-billion airport in Cavite
Reuters
Published Dec 17, 2019 04:38 PM PHT
MANILA - State-owned China Communications Construction Co Ltd (CCCC) and a local partner have won the auction for a $10 billion (P506 billion) airport south of the capital Manila, a government official said on Tuesday.
MANILA - State-owned China Communications Construction Co Ltd (CCCC) and a local partner have won the auction for a $10 billion (P506 billion) airport south of the capital Manila, a government official said on Tuesday.
The CCCC-Macroasia Consortium submitted a proposal to partner with the Cavite provincial government for the Sangley Point International Airport project, said Jesse Grepo, legal officer and secretary of the local government's public private partnership selection committee.
The CCCC-Macroasia Consortium submitted a proposal to partner with the Cavite provincial government for the Sangley Point International Airport project, said Jesse Grepo, legal officer and secretary of the local government's public private partnership selection committee.
The $10 billion project, which involves land reclamation and expansion of an existing airport, is part of the government's infrastructure overhaul.
The $10 billion project, which involves land reclamation and expansion of an existing airport, is part of the government's infrastructure overhaul.
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